Excellent opportunity to own a spacious three-family property offering 3,836 sq. ft. of living space, 8 bedrooms, and strong income potential! Currently generating $4,400 in monthly gross rental income, this property offers an attractive opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Features include generously sized eat-in kitchens, hardwood flooring, enclosed rear porches, a fenced-in yard, two-car garage, and ample off-street parking. Additional improvements include vinyl siding, a newer roof reportedly replaced in 2014, and solar panels installed in 2023. Solar panels are third-party owned with an approximate current monthly payment of $134; buyer to review solar agreement and applicable transfer or assumption requirements. Second and third-floor units to be delivered vacant at closing. Whether you're expanding your investment portfolio or exploring the benefits of multifamily ownership, this property offers space, versatility, and income potential. Schedule your showing today!
This home has been viewed 11 times
Last Checked: November 2nd, 2026 at 7:33am (Source: MLS PIN #73580598)
Gross Income: $52,800
Gross Expenses: $5,722
Net Income Calc: $47,078
Water Views
Annual Expenses for 50 Orange St, Springfield MA 01108
Total Gross Expenses (Calculated)$5,722/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5722
Annual Income & Unit Breakdown for 50 Orange St, Springfield MA 01108
Total Gross Income (Calculated)$52,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 50 Orange St, Springfield MA 01108
Listing ID73580598
Property TypeMulti Family / 3 Family
Price465000 ($121.22/SqFt)
Style3 Family
CitySpringfield
CountyHampden
Neighborhood(s)
Approximate Living Area Total3836
Approximate Lot Size (Acres)0.12
Total Parking10 (2 Garage)
Garage Parking2
Year Built1915
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR2
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 50 Orange St, Springfield MA 01108
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data Source
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 50 Orange St, Springfield MA 01108
Real Estate Taxes5722
Tax Year2025
Assessed Value$364,900
Financial Data Source
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 50 Orange St, Springfield MA 01108
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 50 Orange St, Springfield MA 01108