415 Orange St, Springfield, MA 01108
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$389,900
2 Unit
7 Beds
3 Baths
2995 SQFT
0.11 Acre

Property Description

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!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Full, Interior Access

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 30000
  • Gross Expenses: 3204
  • GSE: 3204
  • Net Operating Income: 26796

Utilities

  • Heat Zones: 2
  • Electric Info: Individually Metered
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1909
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated, Yes
  • Warranty: No

Other Information

  • MLS ID# 73571878
  • Last Updated: 09/16/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/16/2026Contingent$389,900$130MLSPIN
09/07/2026Active$389,900$130MLSPIN
09/03/2026New$389,900$130MLSPIN
11/02/2024Expired$309,000$91MLSPIN
10/28/2024Temporarily Withdrawn$309,000$91MLSPIN
10/05/2024Active$309,000$91MLSPIN
10/01/2024Back on Market$309,000$91MLSPIN
09/26/2024Under Agreement$309,000$91MLSPIN
09/26/2024Active$309,000$91MLSPIN
09/22/2024Price Change$309,000$91MLSPIN
08/25/2024Active$339,000$100MLSPIN
08/21/2024New$339,000$100MLSPIN

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Seller's Representative: Raquel Medina, Lock and Key Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-09-16 12:42:00

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