123 Days on market
240 Federal St #240 Montague — Photo 1 of 12

240 Federal St #240 Montague — Photo 1 of 12

Recent Drop: $30,000

$255,000
$225,000

$225,000

Investment Analysis — 240 Federal St #240

Montague, MA 01351

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 2-bedroom in 01351 carries an estimated $2,120/mo in gross rent — about a 5.25% cap rate and $11,814/yr in estimated NOI at the $225,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,100

Style

Condominium

Built

1987

Enjoy peaceful country living with convenient access to surrounding communities in this town house style condo. Located just 20 minutes from University of Massachusetts Amherst, downtown Amherst Center, and the popular Montague Bookmill, this property offers a great balance of privacy and accessibility. This two-bedroom condo occupies one side of a townhouse-style duplex and features an attached under garage plus generous backyard space. The spacious kitchen offers abundant cabinet storage and room for a dining table, creating a functional layout for everyday living and entertaining. A sliding glass door leads to a private deck overlooking the backyard—perfect for relaxing or enjoying the outdoors.The attached one-car garage provides covered parking and additional storage space with direct access into the home, while laundry is conveniently located in the basement.Passing Title V septic report attached. Open House Sunday May 24 12:00-2:00.

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 MLS and other third-party data may be inaccurate or out of date.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$255,000
Annual Taxes$3,740
HOA Fee$315

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms4
FireplacesNone
FlooringCarpet, Laminate
BasementY

Climate & Utilities

HeatingNatural Gas, Electric
CoolingNone
WaterShared Well
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRB

Property & Lot

Acres0.62
SqFt Lot27,051
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Walk/Jog Trails • Conservation Area • University

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

Flooring - Wall to Wall Carpet

Kitchen
Lvl First

Flooring - Laminate, Deck - Exterior, Exterior Access, Slider

Primary Bedroom
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bathroom 1
Lvl First

Bathroom - Half

Bathroom 2
Lvl Second

Bathroom - Full

Property History

Price Drop
$225,000

Was $242,500

Jul 29, 2026

MLS® 73522879

Price Drop
$242,500

Was $255,000

Jul 2, 2026

MLS® 73522879

Listed
$255,000

May 22, 2026

MLS® 73522879

Expired
$242,900

Nov 14, 2025

MLS® 73420769

Listed
$242,900

Aug 21, 2025

MLS® 73420769

Listing Provided By

Listing Agent: Daniel James Piasecki

Listing Office: Coldwell Banker Community REALTORS®

MLS® Number: 73522879