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9 Spring Montague — Photo 1 of 14

9 Spring Montague — Photo 1 of 14

$299,000

Investment Analysis — 9 Spring

Montague, MA 01376

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 3-bedroom in 01376 carries an estimated $2,100/mo in gross rent — about a 5.22% cap rate and $15,607/yr in estimated NOI at the $299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,078

Style

Single Family

Built

1900

Downtown Turners Falls location with a lot that offers something special! This charming 3-bedroom bungalow is ideally situated close to the heart of downtown, putting shops, restaurants, parks, public transportation, and other local amenities within easy reach.The home offers approximately 1,078 square feet of living space with a comfortable first-floor layout, including a living room, kitchen, bedroom, full bath, and laundry, plus additional bedrooms on the second floor. The full walk-out from bulkhead basement provides valuable storage and utility space.Outside, enjoy a nice, lot with a fenced backyard, enclosed porch, and storage shed. A particularly useful feature is access to the property from both Spring Street and 4th Street at the rear of the property, providing convenient additional access and flexibility.Whether you're looking for a home close to downtown, an investment opportunity, or a property with a great location and usable outdoor space, this one deserves a closer look. Come see what this Turners Falls property has to offer!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 539 sq ft (the lesser of 900 sq ft or half the 1,078 sq ft principal dwelling). Lot size: 3,311 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$299,000
Annual Taxes$3,545

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Carpet
BasementFull, Bulkhead, Slab

Climate & Utilities

HeatingForced Air
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationConcrete Perimeter
ZoningR

Property & Lot

Acres0.08
SqFt Lot3,311
Lot FeaturesCleared, Gentle Sloping, Level, Sloped

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Cyd Scott

Listing Office: Cohn & Company

MLS® Number: 73579751