Active
33 Days on market
1 Cheney St Orange — Photo 1 of 38

1 Cheney St Orange — Photo 1 of 38

$590,000

Investment Analysis — 1 Cheney St

Orange, MA 01364

Based on rent reported on the MLS listing, a 5-unit multi-family in 01364 carries $6,200/mo in gross rent — about a 8.63% cap rate and $50,945/yr in estimated NOI at the $590,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

5

SqFt

2,920

Style

5-9 Family

Built

1910

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$590,000
Annual Taxes$5,599

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms15
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingElectric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningA

Property & Lot

Acres0.24
SqFt Lot10,454
Lot FeaturesCleared, Level

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Golf

Geography

Property History

Listed
$590,000

Aug 10, 2026

MLS® 73561438

Sold
$1,250

Apr 7, 2026

MLS® 73494305

Listed
$1,249

Apr 1, 2026

MLS® 73494305

Listing Provided By

Listing Agent: Liza M. Hurlburt Melo

Listing Office: Four Columns Realty, LLC

MLS® Number: 73561438