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Mixed-Use Property with Two Units
New
For Sale
$339,999

378 Boston Road W, Monson, MA 01057

Two residential units include updated interiors, separate metering, and additional commercial space.

Property Size5,865 SF
Days on Market1

Property Features for 378 Boston Road W

General Information

Standard status Active
Size 5,865 SF
Property subtype Investment

Property Condition

Severity Repairs Needed
Evidence water-pressure unit is in need of replacement

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,390

Building Details

Building Size 5,865 SF
Year Built 1930
Stories 2
Units 2
Listing Agency: The Greene Realty Group
Listed By: Derek Greene · License #REB.0758797
Source: Elliman
Added: Sep 6 Last Checked: Sep 6 at 2:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Greene Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property combines two residential units with additional commercial space. The residential component includes 4 bedrooms and 2 full bathrooms, along with updated interiors and appliances. Separate metering supports independent utility management between the units. The lower unit includes a washer and dryer, an oil-fired furnace, and updated electrical service. Propane heat serves the second system, while mini-splits provide supplemental heating and cooling.

The property includes a roof approximately four years old, a basement with a sump pump, and a generator hookup. Water and wastewater service are provided by a private well and a septic system newly installed in 2023. The well is functioning, although the water-pressure unit needs replacement. Built in 1930, the property also includes a small commercial property, adding a separate commercial component to the residential configuration. Buyer due diligence is required regarding zoning, permitted uses, utilities, and other property information.

Key Highlights

  • Two residential units with 4 bedrooms and 2 full bathrooms
  • Additional small commercial property included in the sale
  • Separate metering for the residential units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Electrical Service Auto Parts Store Big Box & Wholesale Store Storage Facility Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 01057, MA

8,152
Population
3,656
Households
2.2
Avg Household Size
48
Median Age
29%
College-Educated
92%
High-School Grad
44.5 sq mi
ZIP Area
183
Density / Sq Mi
$90,436
Median Household Income
$51,957
Median Earnings
$880
Median Rent
$312,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two residential units include updated interiors, separate metering, and additional commercial space.
Where is this mixed-use property located?
The property is located at 378 Boston Road W Monson, MA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Two residential units with 4 bedrooms and 2 full bathrooms; Additional small commercial property included in the sale; Separate metering for the residential units
More about this property
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