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46 Walnut Street Montague — Photo 1 of 41

46 Walnut Street Montague — Photo 1 of 41

$475,000

Investment Analysis — 46 Walnut Street

Montague, MA 01376 — Turners Falls

Based on HUD Small Area Fair Market Rent for Franklin County, MA, a 4-bedroom in 01376 carries an estimated $2,320/mo in gross rent — about a 3.47% cap rate and $16,490/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,416

Style

Single Family

Built

1920

This 10 room, 2 full bath, Colonial Revival Style Brick home with 3 finished floors abuts Thomas Memorial Golf Course & Country Club and is located on a quiet country road. Views are of rolling hills, meadows and the golf course. You can drive your golf cart right onto the course at the tee off to the 8th hole. This is a MUST SEE for all golf lovers ! The home consists of two layers of brick and cement which was distinctive for a 1920 built home. It has been lovingly owned by the same family for 83 years. First floor bedroom, large front porch, enclosed back porch, kitchen, dining room, living room with wood fireplace, and mantle, and full bathroom. Second floor has bedroom, Family room, office, bonus room, and full bathroom. Dormers were added to create two more bedrooms on the third floor, each with a closet and hardwood flooring. First floor has hardwood flooring, kitchen, dining room, living room were refinished a few years ago. There is a large, open porch in front of the home perfect for outdoor family dinners or porch parties, and an enclosed three season back porch great for watching the golfers. Freshly painted on the interior and ready for the next family to continue restoring to greatness! Not far from route 2 West, Mohawk Trail, route 91, UMASS, and many ski areas. If views of natural beauty are important to you, this home is for you! Showings start at the Open House Sunday September 6th from 1-3pm.

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: 900 sq ft (the lesser of 900 sq ft or half the 2,416 sq ft principal dwelling). Lot size: 8,755 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

Original Price$475,000
Annual Taxes$4,667.6

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces1
FlooringVinyl, Hardwood, Flooring - Hardwood
BasementFull, Walk-Out Access, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone
RoofShingle
FoundationStone
ZoningRS

Property & Lot

Acres0.2
SqFt Lot8,755
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Microwave • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3Bedroom 4
Second
OfficeFamily RoomBedroom 2Bathroom 2
First
Living RoomDining RoomMaster Bedroom
Main,First
KitchenBathroom 1
Living Room
Lvl First

Wood / Coal / Pellet Stove, Flooring - Hardwood, Lighting - Overhead

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl Main,First

Flooring - Vinyl

Office
Lvl Second

Flooring - Hardwood

Family Room
Lvl Second

Flooring - Hardwood

Master Bedroom
Lvl First

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Third

Closet, Flooring - Hardwood

Bedroom 4
Lvl Third

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Tiled With Tub & Shower, Flooring - Vinyl

Listing Provided By

Listing Agent: Marilyn Freedman

Listing Office: Coldwell Banker Realty - Westwood

MLS® Number: 73563582