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 145 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
Annual Expenses for 378 School St, Athol MA 01331
Total Gross Expenses (Calculated)$19,496/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3327
Annual Income & Unit Breakdown for 378 School St, Athol MA 01331
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 378 School St, Athol MA 01331
Listing ID73210362
Property TypeMulti Family / 3 Family
Price329900 ($104.6/SqFt)
Style3 Family
CityAthol
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3154
Approximate Lot Size (Acres)0.38
Total Parking7 (1 Garage)
Garage Parking1
Year Built1875
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 Views
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 378 School 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 378 School St, Athol MA 01331
Real Estate Taxes3327
Tax Year2024
Assessed Value$259,300
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 378 School St, Athol MA 01331
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 378 School St, Athol MA 01331