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Closed

2 South St, Montague MA 01351

$499,900

Estimated $1,201.67/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $166,633.33

Total Rent: 56280/year

Estimated CAP Rate: 9.48%

5 Bedrooms

3 Full Baths

2,993 SqFt

Total Parking: 10

14,854 SqFt

This three family home in Montague Center offers a unique opportunity for both investment and owner-occupied living. With renovated kitchens and baths, this Colonial home is perfect for those seeking modern amenities while still maintaining the charm of an older home. Separate heat and electric, public water and sewer. In addition, each unit comes with off street parking, making it easy for residents to come and go as they please. Some of the standout features of this home are its wood floors and original woodwork which adds character to the interior spaces - all units have separate private entrances. Whether you're looking to invest in rental properties or find a place to call home, this three family in Montague Center offers something for everyone. Centrally located, minutes to Amherst center, major routes and area schools - it's an A+ location. Sure to impress even the most discerning buyer or renter. Showings start at open house on 5/18 4-6.

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73112137)

Gross Income: $56,280

Gross Expenses: $8,893

Net Income Calc: $47,387

CAP Rate: 9.48%

Annual Expenses for 2 South St, Montague MA 01351

Total Gross Expenses (Calculated)$8,893/year

APOD AvailableYes

Heating

Electricity

Water$1,200

Gas$1,200

Insurance$2,000

Sewer$1,200

Trash Removal$1,000

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,693

Annual Income & Unit Breakdown for 2 South St, Montague MA 01351

Total Gross Income (Calculated)$56,280

Unit 1

Rental Income$1,095

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$2,400

LeaseY

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,195

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

General Information for 2 South St, Montague MA 01351

Listing ID73112137

Property TypeMulti Family / 3 Family

Price$499,900 ($167.02/SqFt)

Style3 Family

CityMontague

CountyFranklin

MLS Area

Neighborhood(s)

Approximate Living Area Total2,993 SqFt

Approximate Lot Size (Acres)0.34 acres

Total Parking10

Garage Parking

Year Built1825

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRS

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2 South St, Montague MA 01351

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$4,200

Total Gross Income By Broker$56,280

Total Net Income By Broker$52,080

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 2 South St, Montague MA 01351

Real Estate Taxes$4,693

Tax Year2023

Assessed Value$299,900

Financial Data SourceOwner

Total Gross Expenses By Broker$4,200

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$56,280

BostonRealEstate.com Gross Income

Total Net Income By Broker$52,080

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.48%

Location Information for 2 South St, Montague MA 01351

Elementary School

Middle School

High SchoolGm Regional

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School

Contact Information for 2 South St, Montague MA 01351

Agent

Name: Jacqui Zuzgo

Office

Name: 5 College REALTORS®

Phone: 413-549-5555

Payment Calculator

, Interest

Property Taxes 391.08

Principal & Interest 3080.22

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

5 College REALTORS®

Jacqui Zuzgo

Agent Phone

Office Phone

(413) 549-5555

Text Agent Call Agent Call Office

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EXIT

Closed

2 South St, Montague MA 01351

$499,900

Annual Expenses for 2 South St, Montague MA 01351

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Financial Information for 2 South St, Montague MA 01351

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Contact Information for 2 South St, Montague MA 01351

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