NOT LISTED FOR SALE

90 W River St Orange, MA 01364

9 Beds
6 Baths
3,408 Sq Ft
0.28 Acres

Last Sold November 27, 2023

Last sale price $415,000 $122 Per Sq Ft

45 Days on Market

Highlights

  • Barn or Stable
  • Shops
  • Carpet
  • Property is near public transit and schools
  • Level Lot
  • Heating Available

About This Home

As of November 2023

Rare 6-family find in Orange. Large 3-bedroom unit, two 2-BR units, two 1-BR units and a studio. Property is all-electric so tenants pay all utilities. Individual panels in each unit, no interior access to basement, but exterior access for W/D. Roof was just replaced, so aside from cosmetics between tenants this one practically takes care of itself!. There's a large barn that has not been used during this ownership and will not be accessible until an accepted offer is in hand. It could be a source of extra income for storage. Plenty of off-road parking, good-size lot, great location, close to downtown and Routes 2 and 202. Whether you're looking to test the investment property waters or add to your current portfolio, this one works!

Last Agent to Sell the Property

Lynn Brooks

Godin Real Estate Listed on: 09/05/2023

Last Buyer's Agent

Moises Cosme

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1880

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,408 Sq Ft Home
  • Partial Basement
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 12 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Separate Meters

Additional Features

  • Property is near public transit and schools
  • Barn or Stable

Listing and Financial Details

  • Total Actual Rent $4,950
  • Assessor Parcel Number 3314708

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $1,135
  • Insurance Expense $2,041
  • Water Sewer Expense $1,497
  • Operating Expense $18,122
  • Net Operating Income $38,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1880
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet,Laminate
  • Fireplace YN: No
  • Appliances: Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup
  • Basement: Partial
  • Living Area: 3408
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: H17100
  • MAIN SO: AC1991

Exterior Features

  • Exterior Features: Barn/Stable
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Other Structures: Barn/Stable
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Electric, Unit 1(Electric Baseboard), Unit 2(Electric), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1497

Lot Info

  • Parcel Number: 3314708
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3900

Multi Family

  • Electric Expense: 1135
  • Insurance Expense: 2041
  • Net Operating Income: 38625
  • Number Of Units Total: 6
  • Operating Expense: 18122
  • Total Actual Rent: 4950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2023 11/27/23 Sold $415,000 -7.6% $122 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $449,000 -6.5% $132 / Sq Ft
09/17/2023 09/17/23 Price Changed $480,000 -3.8% $141 / Sq Ft
09/05/2023 09/05/23 For Sale $499,000 -- $146 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $57 $343,900 $60,000 $283,900
2024 $4,428 $253,900 $60,000 $193,900
2023 $4,271 $237,800 $60,000 $177,800
2022 $3,845 $201,100 $60,000 $141,100
2021 $3,777 $188,400 $42,500 $145,900
2020 $3,533 $173,800 $38,700 $135,100
2019 $3,592 $159,500 $33,500 $126,000
2018 $2,979 $135,800 $31,300 $104,500
2017 $3,078 $145,000 $31,300 $113,700
2016 $3,934 $181,300 $27,900 $153,400
2015 $3,718 $179,000 $29,800 $149,200
2014 $3,535 $179,100 $29,800 $149,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155257

MLS Property Information Network (MLS PIN)