50 Orange St,Springfield, MA 01108
Springfield, MA 01108
Description
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!
Details
| MLS # | 73580598 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 48 |
| Listing Provided By | Berkshire Hathaway HomeServices Realty Professionals | ShaDina Johnson |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,836 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.12 |
Interior
| Rooms Total | 14 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Interior Features | Pantry, Bathroom With Tub & Shower, Living Room, Kitchen |
| Appliances | Range, Refrigerator, Washer, Dryer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Foundation Details | Brick/Mortar |
| Fencing | Fenced |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 5722 |
|---|---|
| Tax Assessed Value | 364900 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Highway Access |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01108 |
| Area | Hampden |
| Listing VS Median (in 01108) | |
Price: $465,000 low | high Med: $329,900 sqft: 3,836 low | high Med: 1,485 $ / sqft: $121 low | high Med: $222 On site: 48 low | high Med: 573 | |
Market Activity 01108
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Learn More About This Property
| State | MA |
|---|---|
| County | Hampden |
| City | Springfield |
| Zip Code | 01108 |
| Area | Hampden |
| Listing VS Median (in 01108) | |
Price: $465,000 low | high Med: $329,900 sqft: 3,836 low | high Med: 1,485 $ / sqft: $121 low | high Med: $222 On site: 48 low | high Med: 573 | |
