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Triplex with Two-Car Garage
New
For Sale
$465,000

50 Orange St, Springfield, MA 01108

The three-family property includes a fenced yard and off-street parking.

Property Size3,836 SF
Price / SF$121.22
Days on Market4

Property Features for 50 Orange St

General Information

Standard status Active
Size 3,836 SF
Property subtype 3 Family

Additional Details

Utilities to Site Yes
Multifamily Units 3

Amenities

fenced-in yard
enclosed rear porches

Building Details

Building Size 3,836 SF
Year Built 1915
Listing Agency: Berkshire Hathaway HomeServices Realty Professionals
Listed By: ShaDina Johnson
Source: Iverty
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Realty Professionals

Investment Insights

Based on property information with market context.

Built in 1915, this 3,836-square-foot triplex has vinyl siding, a two-car garage, and a fenced yard. The first- and second-floor apartments each have three bedrooms, eat-in kitchens with pantry space, and enclosed rear porches. The second- and third-floor units share heat, hot water, and electricity. Solar panels were installed in 2023 and are owned by a third party; transfer or assumption of the agreement is subject to provider requirements.

The second- and third-floor apartments are scheduled to be vacant at closing. Off-street parking is also available.

Key Highlights

  • Three‑family building totaling 3,836 square feet
  • First- and second‑floor units each have three bedrooms, pantry space, and enclosed rear porches
  • Two‑car garage, fenced yard, and off‑street parking

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Gym & Fitness Center Furniture & Home Goods HVAC Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 01108, MA

27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - The three-family property includes a fenced yard and off-street parking.
Where is this triplex located?
The property is located at 50 Orange St Springfield, MA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Three‑family building totaling 3,836 square feet; First- and second‑floor units each have three bedrooms, pantry space, and enclosed rear porches; Two‑car garage, fenced yard, and off‑street parking
More about this property
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