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72-78 E Main St Orange — Photo 1 of 35

72-78 E Main St Orange — Photo 1 of 35

$539,000

Investment Analysis — 72-78 E Main St

Orange, MA 01364

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 4-unit multi-family in 01364 carries an estimated $4,950/mo in gross rent — about a 6.93% cap rate and $37,330/yr in estimated NOI at the $539,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

4

SqFt

5,826

Style

4 Family

Built

1880

Value-add four-family opportunity with existing rental income and room to grow! The current rent roll includes three apartments, while the fourth unit offers an opportunity to establish an additional rental income stream. Two units are expected to convey occupied by established long term tenants. Rents were increased in 2026, with further potential for an investor or owner-occupant looking to enhance the property’s long-term performance. Features include, electric hot water, oil-fired forced hot-air heat, ample off-street parking, separately metered electricity and a detached garage. Each unit has their own heating/oil tanks. The third floor also has enough space to potentially add another unit or possibly even more bedrooms! The seller will replace the front and rear exterior entry doors. Convenient East Main Street location with easy access to Route 2 for east-west commuting, downtown Orange amenities, and the natural attractions of the North Quabbin region. Outdoor recreation is abundant, with the Quabbin Reservoir, Tully Lake and Tully Trail, Lake Mattawa, and the Millers River all within the surrounding area. Tully Lake offers hiking, biking, boating, fishing, camping, disc golf, swimming, and other year-round recreational opportunities, while nearby Quabbin Reservoir provides designated access for hiking, bicycling, fishing, wildlife viewing, and boating. Orange Riverfront Park also provides local access to the Millers River. Bring your vision and take advantage of this four-unit investment opportunity offering established income, an additional apartment to rent, and access to some of the region’s best outdoor recreation. All four units were inspected for lead paint, with no violations noted on the inspection report; documentation is available upon request. Accompanied group showings will be held Sunday Oct 4th, 12:30-2 of building and vacant apartment/s, with showings of occupied apartments available upon accepted offer. Please register for group showing.

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.

Property Details

Financials

Original Price$539,000
Annual Taxes$7,814

Parking

Garage1
Off-Street9

Interior Specifications

Total Rooms24
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningA

Property & Lot

Acres0.46
SqFt Lot20,046
Lot FeaturesLevel

Neighborhood

Public Transportation • Walk/Jog Trails • Conservation Area • Highway Access • House of Worship • Public School

Geography

Listing Provided By

Listing Agent: Jesse Gadarowski

Listing Office: Prospective Realty INC

MLS® Number: 73583645