Don’t miss this fully renovated 2-family home offering a total of 8 bedrooms and 4 bathrooms on a spacious 9,600+ sq ft corner lot. Each unit has been tastefully updated with modern kitchens, updated baths, and new flooring, making it perfect for owner-occupants or investors. The property includes a detached 2-car garage, a beautifully maintained yard, and plenty of outdoor space. Located in a convenient area close to schools, parks, and public transportation. A move-in-ready, income-generating opportunity! Other updates include newer roof, water heaters, windows, plumbing, and electrical. Everything has been already done. Move in and collect rent without having to worry about any major repairs. One vacant unit to be delivered at close with the possibility of both.
This home has been viewed 94 times
Last Checked: December 3rd, 2025 at 5:43am (Source: MLS PIN #73388879)
Gross Income: $62,880
Gross Expenses: $4,152
Net Income Calc: $58,728
CAP Rate: 12.77%
Annual Expenses for 292-294 Orange St, Springfield MA 01108
Total Gross Expenses (Calculated)$4,152/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,152
Annual Income & Unit Breakdown for 292-294 Orange St, Springfield MA 01108
Total Gross Income (Calculated)$62,880
Unit 1
Rental Income$1,800
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$2,190
LeaseY
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 292-294 Orange St, Springfield MA 01108
Listing ID73388879
Property TypeMulti Family / 3 Family
Price$459,899 ($186.12/SqFt)
Style3 Family - 3 Units Up/down
CitySpringfield
CountyHampden
MLS Area
Neighborhood(s)
Approximate Living Area Total2,471 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6 (2 Garage)
Garage Parking2 / Detached
Year Built1906
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionBrick/Mortar
Accessible Features
Outdoor SpacePorch
ZoningR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 292-294 Orange St, Springfield MA 01108
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$26,280
Total Net Income By Broker$26,280
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 292-294 Orange St, Springfield MA 01108
Real Estate Taxes$4,152
Tax Year2025
Assessed Value$264,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$26,280
BostonRealEstate.com Gross Income
Total Net Income By Broker$26,280
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)12.77%
Location Information for 292-294 Orange St, Springfield MA 01108
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s)
Contact Information for 292-294 Orange St, Springfield MA 01108