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551 Turners Falls Rd, Montague MA 01351

$299,900

Estimated $984/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $149,950

Total Rent: 24600/year

Estimated CAP Rate:

3 Bedrooms

Baths

2644

Total Parking: 13 (2 Garage)

27,878 (0.64)

*** Open houses cancelled*** Listing agent accompanied showings only, M-F 9-3:30. Property to be sold as-is. Experience the best of Montague! At an amazing location just across the street from the Montague Book Mill and 7 minutes on foot to the village green, this stately and spacious 19th-century farmhouse converted to a multi-family offers a convenient side-by-side living arrangement for both owners and tenants. Ideal live-in fixer-upper, as the secondary unit requires repairs: complete the work, then enjoy the freedom of rental income. Adjacent to a quiet cemetery and a large tract of protected forest. High, airy ceilings and original wide-plank pine floors throughout, and details like hand-tooled wood wall panels and staircases, confirm a high level of craftsmanship. A generous wrap-around front porch gazes west over a front lawn framed in white picket fences, a grape arbor, and a mature boxwood hedge, the sunny south yard invites gardening, and a 2-story carriage house offers ample storage and space for two cars, inviting plans for a future guest house. Both units have eat-in kitchen and bedrooms with ample natural light. Unit 1 features a dressing room connected to the primary bath. The secondary unit awaits repairs to the living room, with exposed studs needing drywall. While each unit has two upstairs bedrooms, the property is deed restricted with the town assessor as a 3-bedroom, to correspond with the 1,250 gallon septic tank. Recent (since 2024) electrical and plumbing system upgrades, separate electrical panels and water heaters with a Buderus boiler, and a recently-passed Title 5 inspection clear the way for new owners to repair and restore this antique gem!

This home has been viewed 7 times

Last Checked: September 27th, 2026 at 8:08am (Source: MLS PIN #73573623)

Gross Income: $24,600

Gross Expenses: $5,968

Net Income Calc: $18,632

Water Views

Annual Expenses for 551 Turners Falls Rd, Montague MA 01351

Total Gross Expenses (Calculated)$5,968/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5968

Annual Income & Unit Breakdown for 551 Turners Falls Rd, Montague MA 01351

Total Gross Income (Calculated)$24,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 551 Turners Falls Rd, Montague MA 01351

Listing ID73573623

Property TypeMulti Family / 2 Family

Price299900 ($113.43/SqFt)

Style2 Family - 2 Units Side By Side

CityMontague

CountyFranklin

MLS AreaMontague Center

Neighborhood(s)

Approximate Living Area Total2644

Approximate Lot Size (Acres)0.64

Total Parking13 (2 Garage)

Garage Parking2

Year Built1880

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRS-1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 551 Turners Falls Rd, Montague MA 01351

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5A

ExclusionsPersonal Belongings.

Financial Data Source

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 551 Turners Falls Rd, Montague MA 01351

Real Estate Taxes5968

Tax Year2026

Assessed Value$371,400

Financial Data Source

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 551 Turners Falls Rd, Montague MA 01351

Elementary SchoolHillcrest Elementary School

Middle SchoolGreat Falls Middle School

High SchoolTurners Falls High School

Neighborhood(s)

MLS AreaMontague Center

Area AmenitiesWalk/jog Trails

Contact Information for 551 Turners Falls Rd, Montague MA 01351

Agent

Name: Geoffrey Baker

Office

Name: Cohn & Company

Phone: 413-772-0105

Team Members

Payment Calculator

, Interest

Property Taxes 497.33

Principal & Interest 1847.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cohn & Company

Geoffrey Baker

Agent Phone

Office Phone

(413) 772-0105

Text Agent Call Agent Call Office

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    [unparsed] => 551 Turners Falls Rd, Montague MA 01351
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EXIT

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