Excellent ROI on this very well maintained 8-unit apartment building in a great location, close to Barton's Cove, downtown, and the canal bike trail. Owners have never had a vacancy here. Just a 25-minute drive to UMass, it is an affordable, convenient option for grad students and staff, and is just 10 minutes to downtown Greenfield. Upper units have decks, while lower units have covered patios. Radiant electric heat in unit ceilings. Each unit features a good sized bedroom plus office/den along with a spacious open living/dining room. Wood floors except in bathrooms and kitchens, which are vinyl. Generous storage cages in a large, dry basement along with coin-op washer and dryer. All replacement windows, low maintenance brick exterior, and private off-street parking. Separately metered electric for each unit, owner only pays for common area electric, water and sewer.
This home has been viewed 18 times
Last Checked: August 4th, 2026 at 9:58am (Source: MLS PIN #73542925)
Gross Income: $31,800
Gross Expenses: $26,256
Net Income Calc: $5,544
Water Views
Annual Expenses for 21 Turners Falls Rd, Montague MA 01376
Total Gross Expenses (Calculated)$26,256/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10857
Annual Income & Unit Breakdown for 21 Turners Falls Rd, Montague MA 01376
Total Gross Income (Calculated)$31,800
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 21 Turners Falls Rd, Montague MA 01376
Listing ID73542925
Property TypeMulti Family / 5+ Family
Price1060000 ($170.09/SqFt)
Style5-9 Family
CityMontague
CountyFranklin
MLS AreaTurners Falls
Neighborhood(s)
Approximate Living Area Total6232
Approximate Lot Size (Acres)0.68
Total Parking12
Garage Parking0
Year Built1963
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningNB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 21 Turners Falls Rd, Montague MA 01376
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWindow Air Conditioners
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 21 Turners Falls Rd, Montague MA 01376
Real Estate Taxes10857
Tax Year2025
Assessed Value$713,800
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 21 Turners Falls Rd, Montague MA 01376
Neighborhood(s)
MLS AreaTurners Falls
Area AmenitiesWalk/jog Trails
Contact Information for 21 Turners Falls Rd, Montague MA 01376