Turn-key 6-family investment in Springfield generating over $91K in annual gross rental income. All six units are currently rented, offering immediate cash flow. The property includes two 2-bedroom units and four oversized 1-bedroom units, each with a bonus office/den. Most units have been renovated with new vinyl plank flooring, updated kitchens, and modernized bathrooms. Tenants pay all utilities, with separate electric and gas meters; owner covers water/sewer. Lead certificates are available for two units. Situated on a 10,000 sq ft lot with a paved parking area for 12 vehicles, offering potential for additional rental income or future development. Professionally managed and well-maintained, this asset presents strong cash flow with long-term upside.
Sold for $650,000 on 10/29/25
$650,000
403 Orange St, Springfield, MA 01108
8beds
6,400sqft
5-9 Family
Built in 1911
-- sqft lot
$-- Zestimate®
$102/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 12:04pm
Listed by:
Kevin Li 617-257-3595,
MP Signature Realty LLC 781-322-6928,
Kevin Li 617-257-3595
Bought with:
Michael Lima
Executive Real Estate, Inc.
Source: MLS PIN,MLS#: 73362578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric
Features
- Upgraded Cabinets, Bathroom With Tub, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
- Flooring: Wood, Vinyl, Carpet, Varies
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,400
- Total interior livable area: 6,400 sqft
- Finished area above ground: 6,400
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 12
Features
- Patio & porch: Porch
Lot
- Size: 10,001 sqft
Details
- Parcel number: S:09340 P:0091,2599078
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1911
Utilities & green energy
- Electric: Circuit Breakers, Common, Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Park, Highway Access
Location
- Region: Springfield
HOA & financial
Other financial information
- Total actual rent: 7625
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $650,000-4.3%$102/sqft |
Source: MLS PIN #73362578 | ||
| 4/22/2025 | Listed for sale | $679,000+80.6%$106/sqft |
Source: MLS PIN #73362578 | ||
| 11/19/2021 | Sold | $376,000$59/sqft |
Source: MLS PIN #72895215 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Forest Park
Nearby schools
GreatSchools rating
- 6/10White Street SchoolGrades: PK-5Distance: 0.2 mi
- 3/10STEM Middle AcademyGrades: 6-8Distance: 1.8 mi
- NALiberty Preparatory AcademyGrades: 9-12Distance: 0.4 mi
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