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108 3rd St, Montague MA 01376

$295,000

Estimated $625.17/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $98,333.33

Total Rent: 7200/year

Estimated CAP Rate: 1.84%

7 Bedrooms

3 Full Baths

2,400 SqFt

Total Parking: 0

3,311 SqFt

*** PRICE IMPROVEMENT *** Discover this 3-family home in Turners Falls, offering a great investment opportunity. The property features two units with 2 bedrooms and 1 bath each, alongside a spacious 3-bedroom, 1-bath unit. Currently, one 2br unit is occupied on a month-to-month lease, providing immediate cash flow. Nestled in a charming neighborhood, this property is close to local shops, parks, and schools, making it appealing to a variety of tenants. With the potential to increase rental income by filling the vacant units, this is a savvy investment for those looking to grow their portfolio. Don’t miss out on this chance to invest in a desirable location with strong rental demand. Schedule your showing today! Buyer/Buyer agent must conduct their own due diligence. Buyer is responsible for smoke certificate and final water reading. Commissions for buyer's agent are negotiable with any offer.

This home has been viewed 74 times

Last Checked: November 1st, 2024 at 4:20am (Source: MLS PIN #73293770)

Gross Income: $7,200

Gross Expenses: $1,762

Net Income Calc: $5,438

CAP Rate: 1.84%

Annual Expenses for 108 3rd St, Montague MA 01376

Total Gross Expenses (Calculated)$1,762/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$1,762

Annual Income & Unit Breakdown for 108 3rd St, Montague MA 01376

Total Gross Income (Calculated)$7,200

Unit 1

Rental Income$600

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit0

HeatingNo

Rent IncludesNo

General Information for 108 3rd St, Montague MA 01376

Listing ID73293770

Property TypeMulti Family / 3 Family

Price$295,000 ($122.92/SqFt)

Style3 Family

CityMontague

CountyFranklin

MLS Area

Neighborhood(s)

Approximate Living Area Total2,400 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsUnknown/Mixed

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsNo

Lot FeaturesOther

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningCB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 108 3rd St, Montague MA 01376

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNo

Total Gross Expenses By Broker$0

Total Gross Income By Broker$7,200

Total Net Income By Broker$7,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 108 3rd St, Montague MA 01376

Real Estate Taxes$1,762

Tax Year2024

Assessed Value$112,200

Financial Data SourceNo

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$7,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$7,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.84%

Location Information for 108 3rd St, Montague MA 01376

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesNo

Contact Information for 108 3rd St, Montague MA 01376

Agent

Name: Allen Murray

Office

Name: Home Equity Assets Realty, LLC

Phone: 413-328-0799

Payment Calculator

, Interest

Property Taxes 146.83

Principal & Interest 1817.7

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Home Equity Assets Realty, LLC

Allen Murray

Agent Phone

Office Phone

(413) 328-0799

Text Agent Call Agent Call Office

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EXIT

Withdrawn

108 3rd St, Montague MA 01376

$295,000

Annual Expenses for 108 3rd St, Montague MA 01376

Annual Income & Unit Breakdown for 108 3rd St, Montague MA 01376

General Information for 108 3rd St, Montague MA 01376

Disclosures for 108 3rd St, Montague MA 01376

Financial Information for 108 3rd St, Montague MA 01376

Location Information for 108 3rd St, Montague MA 01376

Contact Information for 108 3rd St, Montague MA 01376

Agent

Office

Payment Calculator

Exclusive Listing Agent

Home Equity Assets Realty, LLC

Allen Murray