2 Monson Rd, Wales MA 01081

Wales, MA 01081
$450,000
$440,000
Est. $2,730/month
3
Beds
2.5
Baths
2,194
Sq Ft
$201
Price/Sq Ft
0.45
Acres
1900
Year Built
12
Parking
136
Days on Market
For Sale Price Drop -$10,000 Listed Mar 31, 2026 • MLS# 73493859 Copied! • Updated Jul 31, 2026

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About this home

Well-maintained 3-unit mixed-use property on a high-visibility corner lot in Wales. This unique opportunity features a 1-bedroom unit with a long-term tenant at will, a vacant 2-bedroom unit, and an established post office with a long-term lease, offering a diverse and stable income stream. Set on .45 acres with ample off-street parking. The building is in great condition and offers a convenient location with easy access to surrounding towns and local amenities. Ideal for investors or owner-occupants seeking flexibility and long-term value. Located in the Tantasqua School District!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.2%
Price Range

Property Timeline

Back On Market
Jul 27, 2026
Active
📋
Status: Active under contract
Jul 5, 2026
Active → Active Under Contract
Pending Sale
Jul 5, 2026
Offer accepted, sale pending
Price Reduced
May 17, 2026
$440,000 $10,000 (-2.22%)
From $450,000 to $440,000 (-2.2%)
🏠
Listed for Sale
Mar 31, 2026
$450,000
Original listing
Agent: Michelle Terry Team Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $3,657 $253,600

Financial Details

Annual Property Tax
$3,657
Tax Year 2025
Assessed Value
$253,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,194 sq ft
Lot Size 0.45 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 10

Investment Metrics

Units 3
Unit 1 Rent $800/mo · N
Unit 2 Rent $1,550/mo · N
Unit 3 Rent $1,666/mo · Y
Total Monthly Rent $4,016/mo
Gross Income $48,192
Net Operating Income $48,192
Cap Rate 10.95%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 12
Electric Circuit Breakers
Water Individual Meter
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $3,657
Assessed Value $253,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Exclusions Shed
Possession None
Accepted Financing None
Structure Type []
House Color white
Sq Ft Source Public Record
Documents None
County Hampden
Total market time (incl. prior listings) 114 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,194 sq ft
Total Rooms
10
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Individual Meter
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 12
Parking Features:
School District
Tantasqua School District local
School Safety 2024-25
3.5% Above Average
3.3% Suspensions 3.0% In-School 0.2% Emergency
2.0% below state avg
E

Elementary Schools

3 schools
D
Wales Elementary School
0.3 mi | #769 of 824 | Score: 31.2
Dropped 267 spots from last year
-27 below state avg
93 students Less Diverse
Grades PK-06
C+
Holland Elementary School
3.3 mi | #561 of 824 | Score: 42.6
Dropped 180 spots from last year
-15.6 below state avg
212 students Less Diverse
Grades PK-06
B
Brimfield Elementary School
3.7 mi | #392 of 824 | Score: 48.0
Dropped 294 spots from last year
-10.2 below state avg
258 students Less Diverse
Grades PK-06
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $305
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

2 Monson Rd, Wales MA 01081

Wales, MA 01081

Listing Information

Listing Agent Michelle Terry Team
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM326908
Office MLS ID AN8940
Listing Data Updated Jul 31, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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