About this home

Value-add four-family opportunity with existing rental income and room to grow! The current rent roll includes three apartments, while the fourth unit offers an opportunity to establish an additional rental income stream. Two units are expected to convey occupied by established long term tenants. Rents were increased in 2026, with further potential for an investor or owner-occupant looking to enhance the property's long-term performance. Features include, electric hot water, oil-fired forced hot-air heat, ample off-street parking, separately metered electricity and a detached garage. Each unit has their own heating/oil tanks. The third floor also has enough space to potentially add another unit or possibly even more bedrooms! The seller will replace the front and rear exterior entry doors. Convenient East Main Street location with easy access to Route 2 for east-west commuting, downtown Orange amenities, and the natural attractions of the North Quabbin region. Outdoor recreation is abundant, with the Quabbin Reservoir, Tully Lake and Tully Trail, Lake Mattawa, and the Millers River all within the surrounding area. Tully Lake offers hiking, biking, boating, fishing, camping, disc golf, swimming, and other year-round recreational opportunities, while nearby Quabbin Reservoir provides designated access for hiking, bicycling, fishing, wildlife viewing, and boating. Orange Riverfront Park also provides local access to the Millers River. Bring your vision and take advantage of this four-unit investment opportunity offering established income, an additional apartment to rent, and access to some of the region's best outdoor recreation. All four units were inspected for lead paint, with no violations noted on the inspection report; documentation is available upon request. Showings available of building and vacant apartment/s, with showings of occupied apartments available upon accepted offer.

Facts and features

Schools

• Fisher Hill School

  elementary · K-6 · 0.6 mi

  3

• Ralph C Mahar Regional School

  middle · 7-12 · 1.1 mi

  4

• North New Salem Christian School

  elementary · K-7 · 3.8 mi

• The Gateway To College

  high · 9-12 · 16.4 mi

• Pathways Early College Innovation School

  high · 11-12 · 16.4 mi

Price history

• Sep 29, 2026 · Listed$539,000

Where it is