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Listed by Matthew Lefebvre of Elm Grove Realty

Located one building off of Elm Street, this 15 unit building on Orange Street is a solid investment opportunity with plenty of value-add potential. Comprised of 2 commercial units in the ground level, 1 studio apartment, 10 one bedroom apartments, and 2 two bedroom apartments, this property has a stable tenant base producing income, with opportunities to increase cash flow. This building has had new heating and hot water systems installed in the last ten years and has had a recent replacement of all roofs. Many capital improvements have been done, but many units still remain unrenovated and have the potential to go up on the rent! This property includes on-site parking for up to 10 cars with additional leased parking available directly across the street. If you're looking for a brick investment property with lots of value-add potential, then this is the right deal for you! This property is located in a Qualified Opportunity Zone.

Property Details of 20 Orange Street

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated March 24, 2019.

 

 

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