Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

61 E Main St, Orange MA 01364

$172,900

Estimated $664.36/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $86,450

Total Rent: 8520/year

Estimated CAP Rate: 2.26%

6 Bedrooms

2 Full Baths

3,907 SqFt

Total Parking: 5

13,000 SqFt

Large Victorian 2-family with ideal location next to the Orange Library. The 1st floor, 2 bed and 1 bath unit, is rented out at $710 per month. 2nd unit, which spans the 2nd and 3rd floors, has 3 bedrooms, 1 bath with 4 bonus rooms on the 3rd floor. It is currently vacant and waiting on a new owner to finalize the rehab. The 2nd unit has been winterized and is need of a bathroom and kitchen renovation. Painting has begun and majority of windows have been replaced. This presents a great opportunity for a handy homeowner or contractor to own a wonderful property and add value through some improvements. Don't miss out on this deal. Please reach out for further details. May not qualify for all financing options.

This home has been viewed 38 times

Last Checked: May 7th, 2024 at 8:45am (Source: MLS PIN #73087660)

Gross Income: $8,520

Gross Expenses: $4,608

Net Income Calc: $3,912

CAP Rate: 2.26%

Annual Expenses for 61 E Main St, Orange MA 01364

Total Gross Expenses (Calculated)$4,608/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,608

Annual Income & Unit Breakdown for 61 E Main St, Orange MA 01364

Total Gross Income (Calculated)$8,520

Unit 1

Rental Income$710

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 61 E Main St, Orange MA 01364

Listing ID73087660

Property TypeMulti Family

Price$172,900 ($44.25/SqFt)

StyleMulti Family

CityOrange

CountyFranklin

MLS Area

Neighborhood(s)

Approximate Living Area Total3,907 SqFt

Approximate Lot Size (Acres)0.3 acres

Total Parking5

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 61 E Main St, Orange MA 01364

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$5,000

Total Gross Income By Broker$8,520

Total Net Income By Broker$8,520

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 61 E Main St, Orange MA 01364

Real Estate Taxes$4,608

Tax Year2022

Assessed Value$241,000

Financial Data Source

Total Gross Expenses By Broker$5,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$8,520

BostonRealEstate.com Gross Income

Total Net Income By Broker$8,520

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.26%

Location Information for 61 E Main St, Orange MA 01364

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 61 E Main St, Orange MA 01364

Agent

Name: Michael Despo

Office

Name: Wiser Realty Advisors, LLC

Phone: 339-788-6573

Payment Calculator

, Interest

Property Taxes 384

Principal & Interest 1065.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Wiser Realty Advisors, LLC

Michael Despo

Agent Phone

Office Phone

(339) 788-6573

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.3 acres (13,000 SqFt)
    [add_date] => 2024-05-07 08:45:57
    [address] => E Main St
    [agent] => Array
        (
            [address] => 86 Old Farm Road
            [city] => Leominster
            [id] => CN250013
            [name] => Michael Despo
            [national_association] => 
            [office] => AN5794
            [state] => MA
            [zip] => 01453
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 3,907 SqFt
    [approx_lot_size_acres] => 0.3 acres
    [approx_lot_size_sqft] => 13,000 SqFt
    [assessed_value] => $241,000
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 2 Full
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 61 E Main St Orange
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => CN244744
    [buyer_office_id] => AN7396
    [c_style] => Array
        (
        )

[c_type] => Multi Family
    [cap_rate] => 2.26%
    [city] => Orange
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Franklin
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Large Victorian 2-family with ideal location next to the Orange Library. The 1st floor, 2 bed and 1 bath unit, is rented out at $710 per month. 2nd unit, which spans the 2nd and 3rd floors, has 3 bedrooms, 1 bath with 4 bonus rooms on the 3rd floor.  It is currently vacant and waiting on a new owner to finalize the rehab.  The 2nd unit has been winterized and is need of a bathroom and kitchen renovation.  Painting has begun and majority of windows have been replaced.  This presents a great opportunity for a handy homeowner or contractor to own a wonderful property and add value through some improvements. Don't miss out on this deal.  Please reach out for further details. May not qualify for all financing options.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Block
        )

[frontage_length] => 
    [full_baths] => 2
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $8,520
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 345435
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 08:45:57
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 3,907 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Level
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73087660
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 3912
    [net_operating_income] => Array
        (
            [0] => $8,520
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN5794
            [name] => Wiser Realty Advisors, LLC
            [phone] => 339-788-6573
        )

[operating_expense] => Array
        (
            [0] => $5,000
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 978-697-0136
    [pool_features] => Array
        (
        )

[price] => $172,900
    [price_per_sqft] => 44.25
    [price_per_unit] => 86450
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => $4,608
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 14
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 61
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2022
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 4608
    [total_gross_income] => 8520
    [total_parking] => 5
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 710
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 4
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
            [0] => 0
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 61 E Main St, Orange MA 01364
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1870
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01364
    [zoning] => A
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 7717219
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/345435/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:01
                    [modified] => 2024-05-07 08:46:01
                )

[1] => Array
                (
                    [id] => 7717837
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[2] => Array
                (
                    [id] => 7717838
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[3] => Array
                (
                    [id] => 7717839
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[4] => Array
                (
                    [id] => 7717840
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[5] => Array
                (
                    [id] => 7717841
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[6] => Array
                (
                    [id] => 7717842
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[7] => Array
                (
                    [id] => 7717843
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[8] => Array
                (
                    [id] => 7717844
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[9] => Array
                (
                    [id] => 7717845
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[10] => Array
                (
                    [id] => 7717846
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[11] => Array
                (
                    [id] => 7717847
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[12] => Array
                (
                    [id] => 7717848
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[13] => Array
                (
                    [id] => 7717849
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[14] => Array
                (
                    [id] => 7717850
                    [name] => MLS15.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=15
                    [index] => 15
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[15] => Array
                (
                    [id] => 7717851
                    [name] => MLS16.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=16
                    [index] => 16
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[16] => Array
                (
                    [id] => 7717852
                    [name] => MLS17.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=17
                    [index] => 17
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[17] => Array
                (
                    [id] => 7717853
                    [name] => MLS18.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=18
                    [index] => 18
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

[18] => Array
                (
                    [id] => 7717854
                    [name] => MLS19.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73087660&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
                    [created] => 2024-05-07 08:46:07
                    [modified] => 2024-05-07 08:46:07
                )

)

)

EXIT