159 Park St, Athol, MA 01331
- $1,250,000
- 16
- BD
- 11
- BA
- 7,211
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 73565928
- Bedrooms
- 16
- Bathrooms
- 11
- Full Baths
- 11
- Living Area
- 7,211
- Lot Size (Acres)
- 0.26
- Year Built
- 1880
Property Description
Rare opportunity to acquire an 11-unit multifamily investment property consisting of two separate buildings—a 5-unit and a 6-unit—on a single parcel. The property offers a strong combination of existing rental income, multiple income streams, and long-term investment potential. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize owner-paid utility expenses. Additional features include coin-operated laundry, full basements in both buildings, and a detached six-bay garage, providing additional income and storage potential. The property features a diverse unit mix consisting of [6] one-bedroom units and [5]two-bedroom units.Current gross monthly rental income is approximately $11,925, or $143,100 annually, with additional potential income available through the garages and laundry
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Additional Information
- Taxes
- $7,823
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Michael Videtta from Listing Office: The Hive Real Estate LLC.
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