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Back 403 Orange St
Off Market

403 Orange St

Springfield MA 01108

8
6
12
6400 sq. ft.
10001 sq. ft.
Other
Last sold for $650,000
Kevin LiKevin Li, last sold this property on 29 October 2025 after 189 days on market.

Overview

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.

Features

8 bedrooms
6 bathrooms
12 carspaces
6400 sq. ft. floor area
10001 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 8 bedroom other properties sold in Springfield over the last 12 months, the estimated median property value of 403 Orange St is $465k.

Median value
$465k
Estimated value range
$300k - $650k
Median days on market
36
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Springfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 403 Orange St

2025
Sold
$650,000
29 Oct 2025 by Kevin Li, of MP Signature Realty LLC
2021
Sold
$376,000
19 Nov 2021 by The Popps Properties Group, of Keller Williams Boston Metrowest
2019
Sold
$314,000
24 May 2019 by Marc Murphy, of RR & Company Realty, LLC

Happy sellers in Springfield

94%
94% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Springfield over the last 12 months.

Local market activity for 8 bedroom other properties in Springfield

In the last 12 months, 18 eight-bedroom other properties similar to 403 Orange St, have been sold.

This represents a 38% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Springfield

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Muhammad Ashraf

Sellers who recommend Muhammad Ashraf have praised them for being local expert, supportive, clear communication, easy to work with, and responsive

  •   5   (16 reviews)
  •  2 Reviews in Springfield
  •  2 Sales in Springfield
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Roland Gelinas

Sellers who recommend Roland Gelinas have praised them for being local expert, clear communication, responsive, dedicated, patient, supportive, and honest

  •   5   (80 reviews)
  •  1 Review in Springfield
  •  1 Sale in Springfield
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Aimee Nieroda

Sellers who recommend Aimee Nieroda have praised them for being local expert and hard-working

  •   5   (23 reviews)
  •  1 Review in Springfield
  •  1 Sale in Springfield
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Kate Hogan

Kate Hogan is a recommended agent for Springfield.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (24 reviews)
  •  1 Review in Springfield
  •  1 Sale in Springfield
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