Excellent Investment Opportunity! This well-maintained 8-unit property offers a total of 17 bedrooms across a strong mix of four 3BR units, one 2BR unit, and three 1BR units. Rents have been stabilized, and 2 of the 8 units are currently vacant, providing immediate upside for the next owner. All rents include hot water, and each tenant pays their heat and electric! The building is supported by a Buderus boiler, two large hot water storage tanks, and a Honeywell fire alarm control panel. Roof is approximately 25% slate and 75% newer asphalt/fiberglass shingles. Common coin-op laundry onsite and off-street parking available. Units are in good condition throughout. This property is part of a 76 Unit Portfolio (MLS#s: 73459676, 73459673, 73459674, and 73459677). With its excellent location, stable occupancy, and built-in value-add potential, this property is an ideal investment for all
Laundry Remarks:
Electric Dryer Hookup
Basement:
Partial, Interior Entry, Dirt Floor, Concrete
Parking:
10-car, Paved Drive, Off Street, Paved
Utilities
for Electric Range, for Electric Dryer
Lot Description:
Gentle Sloping
166-168 W Main St, Orange, MA, 01364
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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