Looking for a home with room to spread out and the potential for rental income? This approximately 3,000-square-foot two-family in downtown Monson has plenty to work with! The larger unit offers 4 bedrooms and 2.5 baths, with several beautiful updates already in place. The kitchen features a large island, pantry, tile backsplash, and Corian countertops, while hardwood floors carry through the living room and separate dining area. A first-floor full bath includes laundry and radiant heated flooring, and the upstairs main bedroom has its own private balcony—a lovely spot to enjoy some fresh air. The smaller unit offers 2 bedrooms, 2 bath, hardwood floors, and a fireplace in the living room. The kitchen renovation was started but never finished, leaving the next owner an opportunity to make it their own. Both units share an expansive deck overlooking the backyard, with plenty of space to relax or gather with friends. With separate utilities and a location right downtown, this could make a wonderful owner-occupied property once the needed work is completed. Both furnaces are currently nonfunctional, though natural gas hookup is available at the street. CASH OR REHAB LOAN ONLY due to the lack of functioning heat and property condition. Bring your ideas and finish what’s been started—there’s so much potential here!
Versatile two-unit property with additional commercial space located at 378 Boston Rd W in Palmer. This unique property offers 4 bedrooms and 2 full bathrooms with updated interiors and appliances included for both residential units. The property features separate metering, providing flexibility for an owner-occupant or investor. The downstairs unit includes a washer and dryer, an oil-fired furnace, and updated electrical. The second heating system is propane, and mini-splits have also been installed for additional comfort. The roof is approximately four years old, and the seller reports no known plumbing or electrical issues. Additional features include a generator hookup and a basement equipped with a sump pump. The property is serviced by a private well and a septic system that was newly installed in 2023. The well is currently functioning, although the water-pressure unit is in need of replacement. Adding to the opportunity, the sale also includes a small commercial property, creating additional possibilities for an investor, owner-occupant, or buyer seeking a property with mixed-use potential. Convenient Palmer location with residential and commercial components, updated interiors, major recent improvements, and multiple possibilities for future use. Buyer is to perform their own due diligence regarding zoning, permitted uses, commercial space, utilities, and property information.
Two-family in the heart of Monson! The first-floor unit features long-term tenants for immediate income, while the vacant second floor is ready for an owner-occupant or market-rate rent. Each unit offers in-unit laundry, and the property sits on a large yard perfect for added tenant appeal. Bonus: walk-up attic with potential for loft-style expansion. A great opportunity with both stability and upside!
Monson is located in Massachusetts. Monson, Massachusetts has a population of 8,210. Monson is less family-centric than the surrounding county with 22.32% of the households containing married families with children. The county average for households married with children is 23.64%.
The median household income in Monson, Massachusetts is $72,305. The median household income for the surrounding county is $61,310 compared to the national median of $69,021. The median age of people living in Monson is 50.7 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 13.3 degrees. The average rainfall is approximately 48.4 inches per year, with 51 inches of snow per year.
