5-9 Family at 1 Cheney St, Orange MA 01364
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38 photos

$559,000

1 Cheney St, Orange MA 01364
Orange, MA 01364
Listed by Liza M. Melo
Bedrooms
5
Bathrooms
5
Living area
2,920 sqft
Year built
1910

About this home

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.

Property details

MLS
MLS Property Information Network
MLS #
73561438
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
72
On market date
August 10, 2026
Stories
5
Total bathrooms
5
Garage spaces
N/A
Parking spaces
10
Lot size
0.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Fisher Hill
0.66 mi away · Grades -1-2
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
248
Student:teacher ratio
15.5:1
District
Orange
Middle
Athol-Royalston Middle School
5.17 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
13.3:1
District
Athol-Royalston
High
Ralph C Mahar Regional
1 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
557
Student:teacher ratio
9.9:1
District
Ralph C Mahar

Walkability

Blended score for Orange's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
10.3 / 20 -- Below average walkable
Google Places amenity density
58 / 100
Restaurants & cafes5
Grocery stores1
Parks6
Schools3
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Orange, from live MLS data.

On the market 72 days -- 66 fewer days than Orange's current average of 138 days.
For reference, the median list price across 89 active listings in Orange right now is $289,995.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,516/mo
$111,800 down
$447,200 loan
Principal & interest$2,901
Property tax (est.)$466
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.