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Closed

69 Prospect St, Orange MA 01364

$249,900

Estimated $638.96/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $83,300

Total Rent: 30000/year

Estimated CAP Rate: 10.88%

5 Bedrooms

3 Full Baths

1,876 SqFt

Total Parking: 6

18,296 SqFt

LOOKING FOR AN INCOME PROPERTY? This three-unit building generates great income and the only landlord bill you will see is the water/sewer and property taxes! The rents are below market value so there is room for more income. Fully occupied units with some very long-term tenants who are hoping to stay. Unit 2 and 3 have 2 beds and a full bath, unit 1 is a one bedroom that was completely gutted and redone about 15 years ago. Plumbing has been replaced throughout to the road, electric has been updated, all heat and electric is separate. Many updates since the current seller has owned this property. SHOWINGS will be on SATURDAY MORNINGS from 10-12 and TUESDAY EVENINGS from 4:30m-6:00ONLY! CALL list agent for showing availability.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 8:21am (Source: MLS PIN #73112432)

Gross Income: $30,000

Gross Expenses: $2,805

Net Income Calc: $27,195

CAP Rate: 10.88%

Annual Expenses for 69 Prospect St, Orange MA 01364

Total Gross Expenses (Calculated)$2,805/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,805

Annual Income & Unit Breakdown for 69 Prospect St, Orange MA 01364

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$750

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$850

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 69 Prospect St, Orange MA 01364

Listing ID73112432

Property TypeMulti Family / 3 Family

Price$249,900 ($133.21/SqFt)

Style3 Family

CityOrange

CountyFranklin

MLS Area

Neighborhood(s)

Approximate Living Area Total1,876 SqFt

Approximate Lot Size (Acres)0.42 acres

Total Parking6

Garage Parking

Year Built1800

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSloped

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningA

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 69 Prospect St, Orange MA 01364

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureApartment 3 is not included on SF

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 69 Prospect St, Orange MA 01364

Real Estate Taxes$2,805

Tax Year2023

Assessed Value$156,200

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)10.88%

Location Information for 69 Prospect St, Orange MA 01364

Elementary SchoolFisher Hill

Middle SchoolMahar

High SchoolMahar

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Park, Public Transportation, Tennis Court(s)

Contact Information for 69 Prospect St, Orange MA 01364

Agent

Name: Ruth Truesdell

Office

Name: Acres Away Realty, Inc.

Phone: 978-840-2696

Payment Calculator

, Interest

Property Taxes 233.75

Principal & Interest 1539.8

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Acres Away Realty, Inc.

Ruth Truesdell

Agent Phone

Office Phone

(978) 840-2696

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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EXIT

Closed

69 Prospect St, Orange MA 01364

$249,900

Annual Expenses for 69 Prospect St, Orange MA 01364

Annual Income & Unit Breakdown for 69 Prospect St, Orange MA 01364

General Information for 69 Prospect St, Orange MA 01364

Disclosures for 69 Prospect St, Orange MA 01364

Financial Information for 69 Prospect St, Orange MA 01364

Location Information for 69 Prospect St, Orange MA 01364

Contact Information for 69 Prospect St, Orange MA 01364

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Exclusive Listing Agent

Acres Away Realty, Inc.

Ruth Truesdell