1 Cheney St, Orange MA 01364
Orange, MA 01364
$590,000
Est. $3,650/month
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About this home
Turnkey investment opportunity! This fully occupied five-family property features five one-bedroom apartments with separate utilities. Tenants are responsible for their own utility expenses, offering an efficient setup for the new owner. Each apartment received new flooring and a new electric hot water heater approximately four years ago. A paved driveway, also completed about four years ago, provides convenient off-street parking. A great opportunity to add an income-producing multifamily property to your portfolio.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 10, 2026
$590,000
Original listing
Agent: Liza M. Melo
Office: Four Columns Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/10/2026 | 🏠 Listed for Sale | $590,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,599 | $337,300 |
Financial Details
Annual Property Tax
$5,599
Tax Year 2026
Assessed Value
$337,300
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1910
Living Area
2,920 sq ft
Lot Size
0.24 acres
Bedrooms
5
Full Baths
5
Total Rooms
15
Investment Metrics
Units
5
Unit 1 Rent
$1,250/mo · Y
Unit 2 Rent
$1,250/mo · Y
Unit 3 Rent
$1,350/mo · Y
Unit 4 Rent
$1,100/mo · Y
Total Monthly Rent
$4,950/mo
Gross Income
$74,400
Net Operating Income
$63,812
Operating Expenses
$10,588
Water/Sewer Expense
$1,164
Electric Expense
$1,320
Insurance Expense
$4,000
Cap Rate
10.82%
Interior
Heating
Electric
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
None
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street
Total Spaces
10
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Oven
Financial
Annual Tax
$5,599
Assessed Value
$337,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Seller Is A Licensed Real Estate Agent In The State Of Massachusetts
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Franklin
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
5
Living Area
2,920 sq ft
Total Rooms
15
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,920 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Other
Stories:
5
Heating, Cooling & Utilities
Heating:
Electric
Cooling:
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Off Street
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$467
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
1 Cheney St, Orange MA 01364
Orange, MA 01364
Listing Information
Listing Agent
Liza M. Melo
Listing Office
Four Columns Realty, LLC
Office Phone
978-544-5100
Agent MLS ID
H8000557
Office MLS ID
H95126
Listing Data Updated
Aug 10, 2026 1:11 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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