23 Coolidge Ave Montague — Photo 1 of 17
$349,000
Investment Analysis — 23 Coolidge Ave
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 4.61% cap rate and $16,092/yr in estimated NOI at the $349,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,095
Style
Single Family
Built
1945
Welcome to this charming and well maintained bungalow nestled on a desirable corner lot in Montague! Offering 3 bedrooms, 1 full bath, and 1,024 sq ft of comfortable living space, this cozy home is a wonderful opportunity for first-time buyers, those looking to downsize, or anyone seeking a manageable home in a convenient location. The inviting living area features a wood stove, creating a warm and cozy atmosphere on those chilly New England evenings. Outside, the size able corner lot provides plenty of room for outdoor entertaining, gardening, relaxing, or enjoying time with family and friends. With its convenient location, comfortable layout, and well maintained condition, this adorable bungalow is ready to welcome its next owner. Don't miss the opportunity to make 23 Coolidge Ave your new home!
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: 548 sq ft (the lesser of 900 sq ft or half the 1,095 sq ft principal dwelling). Lot size: 6,970 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Listing Agent: Samantha Worden
Listing Office: Naples Realty Group
MLS® Number: 73574989