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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.

More Info

Basic Information

  • Gross Income $74,400
  • Listing Terms Other (See Remarks)
  • Lot Features Cleared, Level
  • Mls StatusActive
  • Parcel Number 3314590
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $337,300
  • Tax Year 2026
  • Taxes$5,599

Parking

  • Parking Features Off Street
  • Parking Spaces10

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms5
  • Full Bath5

Basic Information

  • List Price$590,000
  • MLS Number73561438
  • Modification Date08/14/2026
  • Property SubType5-9 Family

Location

  • Address1 Cheney Street
  • Building Number1
  • CountyFranklin
  • StateMA
  • StreetCheney Street
  • TownOrange
  • Zip01364

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationOther
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms15
  • Stories5
  • Units5
  • Utilities For Electric Oven
  • Year Built1910
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.24

Interior

  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Electric Expense 1320
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,920
  • Lot Size Square Feet 10,454
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,920

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesGolf, Lakefront

Water Body

  • Waterfront Features Lake/Pond, Beach Ownership(Public)

Legal

  • ZoningA

Other

  • Date Listed08/10/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Liza M. Melo of Four Columns Realty,LLC

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