50 E Main Street
Multifamily | 9.67% CAP
Marketing description
Prime 17-unit investment opportunity in downtown Orange with a strong cap rate and high rental demand. This brick, fully-electric building features 2 two-bedrooms, 9 one-bedrooms, and 6 studios, with separately metered utilities and tenants paying their own electric. One current vacancy allows immediate upside, and all tenants are month-to-month for easy rent adjustments.Property offers a newer roof, coin-op laundry for added income, fire alarm control panel, and 15 paved off-street parking spaces. Excellent location near shops, schools, and commuter routes. Turnkey, cash-flowing asset perfect for portfolio growth or a long-term hold. Part of a 76 unit portfolio.
Investment highlights
• 17-unit brick multifamily in the heart of downtown Orange with strong in-place cash flow
• Ideal unit mix: 2 two-bedrooms, 9 one-bedrooms, and 6 studios
• Fully electric with all utilities separately metered — tenants pay their own electric
• One vacancy provides immediate upside; all units are month-to-month for rent optimization
• Newer roof, fire alarm control panel, and on-site coin-op laundry for additional income
• 15 paved off-street parking spaces — a major value-add for the area
• Strong rental demand and walkable location near shops, schools, and commuter routes
• Turnkey asset suited for portfolio expansion or long-term hold
• Offered as part of a 76-unit investment portfolio
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