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.
For sale
$679,000
403 Orange St, Springfield, MA 01108
8beds
6,400sqft
Est.:
5-9 Family
Built in 1911
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
Updated kitchensModernized bathrooms
- 104 days
- on Zillow |
- 427 |
- 25 |
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