50 E Main St Orange, MA 01364
Estimated payment $16,312/month
Highlights
- Medical Services
- Coin Laundry
- Heating Available
- Property is near public transit and schools
- Level Lot
About This Home
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)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,802
Year Built
- Built in 1900
Lot Details
- 0.4 Acre Lot
- Level Lot
Home Design
- Manufactured Home on a slab
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 9,896 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 19 Bedrooms
- 17 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 15 Car Parking Spaces
- Driveway
- 15 Open Parking Spaces
- Off-Street Parking
Additional Features
- Property is near public transit and schools
- Heating Available
Listing and Financial Details
- Rent includes unit 1(hot water), unit 2(hot water), unit 3(hot water), unit 4(hot water)
- Assessor Parcel Number M:0107 B:0000 L:00163,3314741
Community Details
Amenities
- Medical Services
- Coin Laundry
Additional Features
- 17 Units
- Net Operating Income $35,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,802 | $535,100 | $102,000 | $433,100 |
| 2024 | $9,154 | $524,900 | $102,000 | $422,900 |
| 2023 | $9,427 | $524,900 | $102,000 | $422,900 |
| 2022 | $10,036 | $524,900 | $102,000 | $422,900 |
| 2021 | $8,056 | $401,800 | $136,000 | $265,800 |
| 2020 | $8,000 | $393,500 | $136,000 | $257,500 |
| 2019 | $8,301 | $368,600 | $127,500 | $241,100 |
| 2018 | $8,655 | $394,500 | $122,400 | $272,100 |
| 2017 | $8,951 | $421,600 | $122,400 | $299,200 |
| 2016 | $10,099 | $465,400 | $127,500 | $337,900 |
| 2015 | $9,253 | $445,500 | $127,500 | $318,000 |
| 2014 | $8,796 | $445,600 | $127,500 | $318,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $3,000,000 | 0.0% | $303 / Sq Ft | |
| 03/31/2025 03/31/25 | Off Market | $1,650 | -- | -- | |
| 02/21/2025 02/21/25 | Price Changed | $1,650 | +6.5% | -- | |
| 02/21/2025 02/21/25 | For Rent | $1,550 | 0.0% | -- | |
| 02/20/2025 02/20/25 | Off Market | $1,550 | -- | -- | |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- | |
| 02/06/2025 02/06/25 | For Rent | $1,550 | 0.0% | -- | |
| 01/21/2025 01/21/25 | For Rent | -- | -- | -- | |
| 01/17/2025 01/17/25 | For Rent | $1,550 | 0.0% | -- | |
| 05/16/2024 05/16/24 | Sold | $1,500,000 | +2.8% | $152 / Sq Ft | View Prior Sale |
| 03/01/2024 03/01/24 | Pending | -- | -- | -- | |
| 02/21/2024 02/21/24 | For Sale | $1,459,000 | +279.0% | $147 / Sq Ft | |
| 09/09/2016 09/09/16 | Sold | $385,000 | -14.3% | $38 / Sq Ft | View Prior Sale |
| 07/27/2016 07/27/16 | Pending | -- | -- | -- | |
| 03/10/2016 03/10/16 | For Sale | $449,000 | -- | $44 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73459677
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