#73384418, Abraham Sillah, Listing office: CFS Realty
403 Orange St Springfield, MA 01108
Property details
About 403 Orange St
Turn-key 6-family investment in Springfield generating over $91K in annual gross rental income, with five units rented and one freshly updated, rent-ready unit vacant. 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.
Highlights
Summary
- Full Bathrooms: 6
- Appliances: Range, Refrigerator
- Basement: Yes
- Flooring Type: Wood, Vinyl, Carpet, Varies
- Interior: Upgraded Cabinets, Bathroom With Tub, Remodeled, Bathroom with Shower Stall, Living Room, Kitchen, Office/Den
- Total Bedroom Count: 8
- Parking: Paved Drive, Off Street, Paved
- Heating: Electric
- List Price: $679,000
- Price/SqFt: $106
- Annual Tax Amount: $7,513
- Tax Year: 2024
- Directions: Use GPS.
- Year Built: 1911
- Stories: 9
- Living Area: 6,400 SqFt
- Lot Size: 0.23 Acres
- MLS Number: 73362578
- MLS Name: MLS Property Information Network
- Office Name: MP Signature Realty LLC
- Office Phone: (781) 322-6928
- Listing Agent: Kevin Li
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Last updated on: 6/4/2025, 4:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$679,000
403 Orange St
$8,063
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 17, 2021 | Home Sold | $376,000 |
May 24, 2019 | Home Sold | $314,000 |
Dec 15, 2009 | Home Sold | $162,000 |
Apr 02, 2007 | Home Sold | $212,500 |
Oct 11, 2002 | Home Sold | $112,900 |
Jul 20, 2001 | Home Sold | $110,000 |
Jun 30, 2000 | Home Sold | $108,000 |
Jun 30, 2000 | Home Sold | $35,000 |
Feb 29, 2000 | Home Sold | $72,250 |
Apr 14, 1997 | Home Sold | $90,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $467,800 | $7,513 |
2023 | $403,800 | $6,885 |
2022 | $351,400 | $6,613 |
2021 | $336,300 | $6,356 |
2020 | $288,700 | $5,638 |
2019 | $220,500 | $4,339 |
History based on county public records data.
Nearby schools
5
White Street
Public District KG-5
0.2 mi
•300 White St
3
Kensington International School
Public District PK-5
0.4 mi
•31 Kensington Ave
5
Elias Brookings
Public District PK-5
0.6 mi
•433 Walnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,818. The majority of Springfield, MA residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 403 Orange St
The listing price of 403 Orange St property is $679,000.
The property 403 Orange St is a multi located in Springfield, Massachusetts, 01108.
Active Listing: 403 Orange St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 403 Orange St are: White Street (GreatSchools Rating 5/10), Kensington International School (GreatSchools Rating 3/10), Elias Brookings (GreatSchools Rating 5/10), Forest Park Middle School (GreatSchools Rating 3/10), Springfield Public Day Middle School (GreatSchools Rating 2/10), Veritas Preparatory Charter School (GreatSchools Rating 4/10), Springfield High School (GreatSchools Rating 1/10), High School of Commerce (GreatSchools Rating 2/10), Conservatory of the Arts (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $7,513 (source: MLS/based on county public records data).
The last sale was on November 17, 2021 for $376,000 (source: MLS/tax record).
The property 403 Orange St is 6,400 SqFt (source: MLS/tax record).
The year of construction for 403 Orange St is 1911.
This home is located at 403 Orange St in Springfield, MA and zip code 01108 in the Forest Park neighborhood. This 6,400 square foot home, which was built in 1911, sits on a 0.23 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $679,000.
Springfield, MA housing market in May 2025 saw over 80 listings sold above listed price, more than 14 sold at listed price and over 25 sold below. Between April and May 2025, Springfield, MA real estate market has seen increase in the number of listings by 4.5%. In May 2025 median list price was $304,400 and the average listing age was 34 days.