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 choice for both.
This home has been viewed 21 times
Last Checked: December 11th, 2025 at 6:58am (Source: MLS PIN #73459675)
Gross Income: $108,600
Gross Expenses: $10,985
Net Income Calc: $97,615
CAP Rate: 6.97%
Annual Expenses for 166-168 W Main St, Orange MA 01364
Total Gross Expenses (Calculated)$10,985/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,985
Annual Income & Unit Breakdown for 166-168 W Main St, Orange MA 01364
Total Gross Income (Calculated)$108,600
Unit 1
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
Unit 2
Rental Income$2,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
Unit 3
Rental Income$2,700
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
Unit 4
Rental Income$2,500
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water)
General Information for 166-168 W Main St, Orange MA 01364
Listing ID73459675
Property TypeMulti Family
Price$1,400,000 ($192.78/SqFt)
Style5+ Family - 5+ Units Up/down
CityOrange
CountyFranklin
MLS Area
Neighborhood(s)
Approximate Living Area Total7,262 SqFt
Approximate Lot Size (Acres)0.38 acres
Total Parking10
Garage Parking
Year Built1800
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 166-168 W 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$27,503
Total Gross Income By Broker$168,600
Total Net Income By Broker$108,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 166-168 W Main St, Orange MA 01364
Real Estate Taxes$10,985
Tax Year2025
Assessed Value$667,800
Financial Data Source
Total Gross Expenses By Broker$27,503
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$168,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$108,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.97%
Location Information for 166-168 W Main St, Orange MA 01364
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 166-168 W Main St, Orange MA 01364