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Canceled

194 Cottage St, Athol MA 01331

$349,900

Estimated $886.69/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $116,633.33

Total Rent: 42600/year

Estimated CAP Rate: 7.75%

8 Bedrooms

4 Full, 2 Half Baths

4,276 SqFt

Total Parking: 9 (3 Garage)

10,894 SqFt

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 89 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

CAP Rate: 7.75%

Annual Expenses for 194 Cottage St, Athol MA 01331

Total Gross Expenses (Calculated)$15,482/year

APOD AvailableYes

Heating

Electricity$1,207

Water$1,609

Gas$1,609

Insurance$3,053

Sewer$1,609

Trash Removal$1,755

Repair & Maintenance$3,511

Management

Miscellaneous$515

Real Estate Tax$3,832

Annual Income & Unit Breakdown for 194 Cottage St, Athol MA 01331

Total Gross Income (Calculated)$42,600

Unit 1

Rental Income$1,500

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,050

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 194 Cottage St, Athol MA 01331

Listing ID73210277

Property TypeMulti Family / 3 Family

Price$349,900 ($81.83/SqFt)

Style3 Family

CityAthol

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,276 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking9 (3 Garage)

Garage Parking3 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Level, Cleared

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 194 Cottage St, Athol MA 01331

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$14,119

Total Gross Income By Broker$40,233

Total Net Income By Broker$26,115

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 194 Cottage St, Athol MA 01331

Real Estate Taxes$3,832

Tax Year2024

Assessed Value$298,700

Financial Data SourceOwner

Total Gross Expenses By Broker$14,119

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$40,233

BostonRealEstate.com Gross Income

Total Net Income By Broker$26,115

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.75%

Location Information for 194 Cottage St, Athol MA 01331

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Medical Facility, Public Transportation

Contact Information for 194 Cottage St, Athol MA 01331

Agent

Name: Lynn Brooks

Office

Name: Godin Real Estate

Phone: 978-249-8131

Payment Calculator

, Interest

Property Taxes 319.33

Principal & Interest 2155.97

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Godin Real Estate

Lynn Brooks

Agent Phone

Office Phone

(978) 249-8131

Text Agent Call Agent Call Office

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EXIT

Canceled

194 Cottage St, Athol MA 01331

$349,900

Annual Expenses for 194 Cottage St, Athol MA 01331

Annual Income & Unit Breakdown for 194 Cottage St, Athol MA 01331

General Information for 194 Cottage St, Athol MA 01331

Disclosures for 194 Cottage St, Athol MA 01331

Financial Information for 194 Cottage St, Athol MA 01331

Location Information for 194 Cottage St, Athol MA 01331

Contact Information for 194 Cottage St, Athol MA 01331

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Exclusive Listing Agent

Godin Real Estate

Lynn Brooks