Investor opportunity at 415 Orange St! This two-family offers the ideal combination of immediate rental income and a beautifully renovated vacant unit, making it a strong option for investors or owner-occupants looking to offset their mortgage. Unit 2 is currently occupied by long-term tenants generating $2,500/month. Unit 1 has been tastefully renovated and is ready for its next occupant, featuring a brand-new kitchen with quartz countertops, updated finishes, and beautiful hardwood floors throughout. A detached garage and off-street parking add additional value and convenience. With one established income-producing unit and a renovated unit ready to rent or occupy, this property offers an excellent opportunity to add a solid multifamily asset to your portfolio. Schedule your showing and see the income potential for yourself!
This home has been viewed 5 times
Last Checked: September 17th, 2026 at 9:08am (Source: MLS PIN #73571878)
Gross Income: $30,000
Gross Expenses: $6,495
Net Income Calc: $23,505
Water Views
Annual Expenses for 415 Orange St, Springfield MA 01108
Total Gross Expenses (Calculated)$6,495/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3291
Annual Income & Unit Breakdown for 415 Orange St, Springfield MA 01108
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms5
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 415 Orange St, Springfield MA 01108
Listing ID73571878
Property TypeMulti Family / 2 Family
Price389900 ($130.18/SqFt)
Style2 Family - 2 Units Up/down
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total2995
Approximate Lot Size (Acres)0.11
Total Parking6 (2 Garage)
Garage Parking2
Year Built1909
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 415 Orange St, Springfield MA 01108
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 415 Orange St, Springfield MA 01108
Real Estate Taxes3291
Tax Year2025
Assessed Value$209,900
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 415 Orange St, Springfield MA 01108
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 415 Orange St, Springfield MA 01108