16 Chestnut St Montague — Photo 1 of 16
$339,000
Investment Analysis — 16 Chestnut St
Montague, MA 01376
Based on rent reported on the MLS listing, a 2-unit multi-family in 01376 carries $2,100/mo in gross rent — about a 4.51% cap rate and $15,275/yr in estimated NOI at the $339,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,468
Style
2 Family - 2 Units Up/Down
Built
1917
Come check out this classic home bursting with character in a great Turners Falls neighborhood! This charming two-family property is a fantastic opportunity to build equity, add to your investment portfolio, or owner-occupy and let the second unit help offset your mortgage.Solidly built and filled with gorgeous original details, this home has the charm and craftsmanship they just don’t make anymore. The property features two up-and-down units, each offering 2 bedrooms and 1 bath, plus an adorable pantry, great storage, and plenty of space to make your own.Both ground-level porches have been redone, and the asbestos siding has been removed. With three porches, classic character, and a wonderful neighborhood setting, this property offers so much potential.Whether you’re looking for your first home or your next investment, this is a great opportunity to get into a two-family property with plenty of charm and room to build equity!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Bike Path • House of Worship
Geography
Listing Agent: Kaitlyn Giard
Listing Office: Cohn & Company
MLS® Number: 73566393
