Active
166 Days on market
2 Monson Rd Wales — Photo 1 of 28

2 Monson Rd Wales — Photo 1 of 28

Recent Drop: $10,000

$450,000
$440,000

$440,000

Investment Analysis — 2 Monson Rd

Wales, MA 01081

Based on rent reported on the MLS listing, a 3-unit multi-family in 01081 carries $4,016/mo in gross rent — about a 7.49% cap rate and $32,969/yr in estimated NOI at the $440,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,194

Style

3 Family

Built

1900

Well-maintained 3-unit mixed-use property on a high-visibility corner lot in Wales. This unique opportunity features a 1-bedroom unit with a long-term tenant at will, a vacant 2-bedroom unit, and an established post office with a long-term lease, offering a diverse and stable income stream. Set on .45 acres with ample off-street parking. The building is in great condition and offers a convenient location with easy access to surrounding towns and local amenities. Ideal for investors or owner-occupants seeking flexibility and long-term value. Located in the Tantasqua School District!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$450,000
Annual Taxes$3,657

Parking

Garage0
Off-Street12

Interior Specifications

Total Rooms10
FireplacesNone
Flooring--
BasementPartial

Climate & Utilities

Heating--
Cooling--
WaterIndividual Meter
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
Zoningmixed

Property & Lot

Acres0.45
SqFt Lot19,602
Lot FeaturesCorner Lot

Neighborhood

House of Worship • Public School

Geography

Property History

Listed
$1,400

Jun 16, 2026

MLS® 73536472

Price Drop
$440,000

Was $450,000

May 17, 2026

MLS® 73493859

Listed
$450,000

Mar 31, 2026

MLS® 73493859

Listing Provided By

Listing Agent: Michelle Terry Team

Listing Office: eXp Realty LLC

MLS® Number: 73493859