Investment Analysis — 151 S Main St

Orange, MA 01364

Based on HUD Small Area Fair Market Rent for Western Worcester County, MA HUD Metro FMR Area, a 9-bedroom in 01364 carries an estimated $2,210/mo in gross rent — about a 6.52% cap rate and $17,838/yr in estimated NOI at the $273,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

4,035

Style

Single Family

Built

1900

Come see this amazing investment opportunity! This property is situated on a beautiful corner lot off a lovely main street close to downtown, Route 2, 122, 202, the high school/middle school, youth baseball field and the town park. Brought down to the studs this property is a clean slate that can easily accommodate up to 9 bedrooms, six baths and a laundry room on both floors. Additionally this property has two stairways leading to both the 2nd and 3rd floors. The 1st-floor layout features open concept formal living and dining areas, space for 2 bed and bathrooms (one en-suite), laundry room and a mud room. The 2nd-floor has plenty of space for 3 more full bathrooms (en-suites) and at least 5 additional bedrooms (2 with vaulted ceilings). The 3rd-floor features a walk out area and has a skylight along with space for an 8th and 9th bedroom with one en-suite, if needed. The exterior is complete and weather tight with new exterior doors. The spacious fenced in back yard, paved driveway (with area for more parking if needed) and a small storage shed add to the amenities.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,035 sq ft principal dwelling). Lot size: 7,405 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.