BUYER'S FINANCING FELL THROUGH. YOUR GAIN! 1ST AND 3RD FLOORS ARE VACANT! Large 3-unit property offers nice cash flow potential. New electrical service and hot water tanks done by current owner. Unit 1 offers 4 BRs and 1.5 baths, 2 rooms are electric heat, remaining rooms are oil paid by tenant. The other 2 units are all-electric with panels in each unit. Unit 2 offers 2 bedrooms and 2.5 baths! Coin-op laundry. Plenty of parking, including a 3-car garage. Large deck off the 1st floor unit. Close to downtown and commuter routes.
This home has been viewed 117 times
Last Checked: October 7th, 2024 at 4:29pm (Source: MLS PIN #73210277)
Gross Income: $42,600
Gross Expenses: $15,482
Net Income Calc: $27,118
Water Views
Annual Expenses for 194 Cottage St, Athol MA 01331
Total Gross Expenses (Calculated)$15,482/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3832
Annual Income & Unit Breakdown for 194 Cottage St, Athol MA 01331
Total Gross Income (Calculated)$42,600
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 194 Cottage St, Athol MA 01331
Listing ID73210277
Property TypeMulti Family / 3 Family
Price349900 ($81.83/SqFt)
Style3 Family
CityAthol
CountyWorcester
Neighborhood(s)
Approximate Living Area Total4276
Approximate Lot Size (Acres)0.25
Total Parking9 (3 Garage)
Garage Parking3
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water ViewsNo
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 194 Cottage St, Athol MA 01331
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)Lender Owned
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 194 Cottage St, Athol MA 01331
Real Estate Taxes3832
Tax Year2024
Assessed Value$298,700
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 194 Cottage St, Athol MA 01331
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 194 Cottage St, Athol MA 01331