415 Orange St Springfield — Photo 1 of 14
$389,900
Investment Analysis — 415 Orange St
Springfield, MA 01108
Based on rent reported on the MLS listing, a 2-unit multi-family in 01108 carries $2,500/mo in gross rent — about a 5.00% cap rate and $19,509/yr in estimated NOI at the $389,900 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
2,995
Style
2 Family - 2 Units Up/Down
Built
1909
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!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
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Property History
$389,900
Sep 3, 2026
MLS® 73571878
$309,000
Nov 1, 2024
MLS® 73280268
$309,000
Aug 21, 2024
MLS® 73280268
Listing Agent: Raquel Medina
Listing Office: Lock and Key Realty Inc.
MLS® Number: 73571878