50 Orange St Springfield, MA 01108

Listing details for 50 Orange St, Springfield, MA 01108 : 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!