Welcome to this fantastic multifamily home offering two spacious units, each occupied by long-term tenants, providing a stable income stream for savvy investors or those seeking a multi-generational living setup. This property presents a rare opportunity to own a well-maintained income-generating asset. The first-floor unit has three generous size bedrooms and one full bath, providing ample space for comfortable living. The second floor unit, you'll find a larger unit featuring four bedrooms and one bath, with the potential to easily finish a fifth bedroom, adding even more value to this investment. This unit offers versatility and space utilizing the third floor, making it an attractive option for tenants seeking room to grow. Come to our group showing this Saturday!
Multi-familyProperty Type
1909Year Built
5,001 sq ftLot Size
$153Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Waylynn Garcia• Executive Real Estate - Enfield
Good bones! Solid Home! A little TLC will go along way for this 2 family home located or a corner lot on Orange and Claremont Sts. With a little work this may be able to go FHA. Each unit has 2 bedrooms each however could be converted to 3 bedroom units easily. The home has gas heat with separated utilities. Also a garage and driveway on Claremont st. A motivated seller makes this a great investment opportunity, and with a little work this could be an FHA opportunity and a great family home. The home can be delivered vacant or with current 1st floor tenant.
Public Records
Dec 5, 1997
Sold
$48,000
$18/sq ft
Public Records
Sep 20, 1987
Sold
$120,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,100 (+7.6%)
$27,300 + $154,500
$181,800
2022
$2,881 (−1.2%)
$25,500 + $127,600
$153,100
2021
$2,916 (−1.8%)
$23,200 + $131,100
$154,300
2020
$2,969 (+31.3%)
$23,200 + $128,800
$152,000
2019
$2,261 (+1.8%)
$23,200 + $91,700
$114,900
2018
$2,222
$23,200 + $89,700
$112,900
2017
$2,224 (+19.1%)
$21,800 + $91,300
$113,100
2016
$1,868 (−0.7%)
$21,800 + $73,200
$95,000
2015
$1,882 (+0.4%)
$21,800 + $73,900
$95,700
2014
$1,874 (−2.3%)
$23,200 + $71,900
$95,100
2013
$1,918 (+12.1%)
$23,200 + $74,100
$97,300
2012
$1,711 (−19.5%)
$23,200 + $63,100
$86,300
2011
$2,126
$25,500 + $83,600
$109,100
Tax history for 381 Orange St
Year
Property tax
Land + Additions
Assessment*
2023
$3,100 (+7.6%)
$27,300 + $154,500
$181,800
2022
$2,881 (−1.2%)
$25,500 + $127,600
$153,100
2021
$2,916 (−1.8%)
$23,200 + $131,100
$154,300
2020
$2,969 (+31.3%)
$23,200 + $128,800
$152,000
2019
$2,261 (+1.8%)
$23,200 + $91,700
$114,900
2018
$2,222
$23,200 + $89,700
$112,900
2017
$2,224 (+19.1%)
$21,800 + $91,300
$113,100
2016
$1,868 (−0.7%)
$21,800 + $73,200
$95,000
2015
$1,882 (+0.4%)
$21,800 + $73,900
$95,700
2014
$1,874 (−2.3%)
$23,200 + $71,900
$95,100
2013
$1,918 (+12.1%)
$23,200 + $74,100
$97,300
2012
$1,711 (−19.5%)
$23,200 + $63,100
$86,300
2011
$2,126
$25,500 + $83,600
$109,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
2,688
Year built
1909
Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2599081
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 2
Parking Features: Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 2
Basement Information
Basement: Full
Interior Features
# of Rooms (Total): 13
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 2,688
Foundation Details: Brick/Mortar
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Shingle
Property Information
PropertySubType: Multi Family
Lot Information
Lot Size (Acres): 0.11
Lot Features: Corner Lot
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $3,100
Tax Year: 2023
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Natural Gas
Heating Units: 2
Cooling Units: 0
Location
Location Information
Directions: Corner of orange and claremont
UnparsedAddress: 381 Orange St, Springfield MA 01108
Community Information
Senior CommunityYN: No
Community Features: Public Transportation
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,688
Stories: 2.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1909
Year Renovated: —
County: Hampden County
APN: 2599081
Home facts updated by county records on Jul 19, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
White Street School
Public PreK-5 • Assigned • 0.2mi
7/10
Springfield High School
Public 9-12 • Assigned • 0.4mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
87
67
82
59
76
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$390,000 – $472,000
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