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Canceled

378 School St, Athol MA 01331

$329,900

Estimated $812.18/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $109,966.67

Total Rent: 39600/year

Estimated CAP Rate: 6.09%

5 Bedrooms

3 Full Baths

3,154 SqFt

Total Parking: 7 (1 Garage)

16,600 SqFt

Centrally located to in-town amenities and commuter routes, this 3-family property underwent an electrical upgrade in 2021, separating a single service to 3 unit meters and a house meter. A Buderus boiler provides heat and h/w to the whole building. Heat and H/W are included in the rents. Units are in good shape, some rooms have nice, refinished wood flooring. There's an attached barn and ample off-street parking. The top floor apartment has a spiral staircase accessing the cupola, which has new windows and offers a panoramic view of the Town. Current tenant uses it as a reading nook. Whether you're looking to start small with an investment in Athol or want to expand your existing portfolio, this could be the perfect one!

This home has been viewed 128 times

Last Checked: October 7th, 2024 at 4:19pm (Source: MLS PIN #73210362)

Gross Income: $39,600

Gross Expenses: $19,496

Net Income Calc: $20,104

CAP Rate: 6.09%

Annual Expenses for 378 School St, Athol MA 01331

Total Gross Expenses (Calculated)$19,496/year

APOD AvailableYes

Heating$5,541

Electricity$1,152

Water$1,576

Gas$1,576

Insurance$2,311

Sewer$1,576

Trash Removal$1,248

Repair & Maintenance$3,826

Management

Miscellaneous$515

Real Estate Tax$3,327

Annual Income & Unit Breakdown for 378 School St, Athol MA 01331

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$1,250

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

Unit 3

Rental Income$750

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat

General Information for 378 School St, Athol MA 01331

Listing ID73210362

Property TypeMulti Family / 3 Family

Price$329,900 ($104.6/SqFt)

Style3 Family

CityAthol

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,154 SqFt

Approximate Lot Size (Acres)0.38 acres

Total Parking7 (1 Garage)

Garage Parking1 / Detached

Year Built1875

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 Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 378 School 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$18,578

Total Gross Income By Broker$38,475

Total Net Income By Broker$19,897

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 378 School St, Athol MA 01331

Real Estate Taxes$3,327

Tax Year2024

Assessed Value$259,300

Financial Data SourceOwner

Total Gross Expenses By Broker$18,578

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$38,475

BostonRealEstate.com Gross Income

Total Net Income By Broker$19,897

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.09%

Location Information for 378 School 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 378 School St, Athol MA 01331

Agent

Name: Lynn Brooks

Office

Name: Godin Real Estate

Phone: 978-249-8131

Payment Calculator

, Interest

Property Taxes 277.25

Principal & Interest 2032.74

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

378 School St, Athol MA 01331

$329,900

Annual Expenses for 378 School St, Athol MA 01331

Annual Income & Unit Breakdown for 378 School St, Athol MA 01331

General Information for 378 School St, Athol MA 01331

Disclosures for 378 School St, Athol MA 01331

Financial Information for 378 School St, Athol MA 01331

Location Information for 378 School St, Athol MA 01331

Contact Information for 378 School St, Athol MA 01331

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Exclusive Listing Agent

Godin Real Estate

Lynn Brooks