Prime 17-unit investment opportunity in downtown Orange with a strong cap rate and high rental demand. This brick, fully-electric building features 2 two-bedrooms, 9 one-bedrooms, and 6 studios, with separately metered utilities and tenants paying their own electric. One current vacancy allows immediate upside, and all tenants are month-to-month for easy rent adjustments.Property offers a newer roof, coin-op laundry for added income, fire alarm control panel, and 15 paved off-street parking spaces. Excellent location near shops, schools, and commuter routes. Turnkey, cash-flowing asset perfect for portfolio growth or a long-term hold. Part of a 76 unit portfolio (MLS #s: 73459676, 73459673, 73459674, 73459675)
- Heating System:
- Electric
- Parking:
- Off Street, Paved Drive
- Appliances:
- Washer, Dryer
- Construction:
- Brick
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Garage Parking
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(hot Water), Unit 2(hot Water), Unit 3(hot Water), Unit 4(hot Water)
- Market Time:
- 4
- Parking Spaces:
- 15
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $303
- Zoning:
- A
- No Units:
- 17
- Orig Price:
- $3,000,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Orange
- State:
- MA
- County:
- Franklin
- Postal Code:
- 01364
- Longitude:
- W73° 41' 34''
- Latitude:
- N42° 35' 26.5''
Residential Income
50 E Main St, Orange, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $3,000,000
- Bedrooms :
- 19
- Rooms :
- 41
- Total Bathrooms :
- 17
- Full Bathrooms :
- 17
- Square Footage :
- 9,896 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.40 Acre
- Listing ID :
- 73459677
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com