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Closed

5 Mann, Athol MA 01331

$289,000

Estimated $654.12/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $72,250

Total Rent: 28800/year

Estimated CAP Rate: 7.86%

4 Bedrooms

4 Full Baths

2,400 SqFt

Total Parking: 10

14,374 SqFt

Price adjustment! Looking to start investing in real estate? Looking to add to your portfolio? This great 4 family might be just what you are looking for! Fully rented with positive cash flow, each 1-bedroom unit has its own electric, heat and hot water. Seller has recently installed a mini split system in one unit for heat and AC, and three have efficient propane heaters. Each unit has a kitchen, living room and a large bedroom. Two apartments have an enclosed back porch as well. Seller has also recently rebuilt one outside staircase. There is a walk out basement for storage, and a large walk-up attic for additional storage. The lot is large, with a nice back yard and also plenty of parking. The property is set on a quiet road, close to downtown and shopping for convenience. If you're looking for an income property, this well-maintained property is a must see!

This home has been viewed 47 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73015767)

Gross Income: $28,800

Gross Expenses: $6,096

Net Income Calc: $22,704

CAP Rate: 7.86%

Annual Expenses for 5 Mann, Athol MA 01331

Total Gross Expenses (Calculated)$6,096/year

APOD AvailableYes

Heating$273

Electricity$359

Water$600

Gas$600

Insurance

Sewer$600

Trash Removal$903

Repair & Maintenance

Management

Miscellaneous$1,462

Real Estate Tax$2,226.14

Annual Income & Unit Breakdown for 5 Mann, Athol MA 01331

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$600

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 5 Mann, Athol MA 01331

Listing ID73015767

Property TypeMulti Family / 4 Family

Price$289,000 ($120.42/SqFt)

Style4 Family - 4 Units Up/down

CityAthol

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,400 SqFt

Approximate Lot Size (Acres)0.33 acres

Total Parking10

Garage Parking

Year Built1902

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping, Level, Corner Lot, Cleared

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningG

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 5 Mann, Athol MA 01331

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureDoes not include walk out basement or walk up atti

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$3,597

Total Gross Income By Broker$28,800

Total Net Income By Broker$25,203

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 5 Mann, Athol MA 01331

Real Estate Taxes$2,226.14

Tax Year2022

Assessed Value$138,700

Financial Data SourceOwner

Total Gross Expenses By Broker$3,597

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$28,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$25,203

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.86%

Location Information for 5 Mann, Athol MA 01331

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s), Stable(s)

Contact Information for 5 Mann, Athol MA 01331

Agent

Name: Linda Lee

Office

Name: LAER Realty Partners

Phone: 978-249-8800

Payment Calculator

, Interest

Property Taxes 185.51

Principal & Interest 1780.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

Linda Lee

Agent Phone

Office Phone

(978) 249-8800

Text Agent Call Agent Call Office

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EXIT

Closed

5 Mann, Athol MA 01331

$289,000

Annual Expenses for 5 Mann, Athol MA 01331

Annual Income & Unit Breakdown for 5 Mann, Athol MA 01331

General Information for 5 Mann, Athol MA 01331

Disclosures for 5 Mann, Athol MA 01331

Financial Information for 5 Mann, Athol MA 01331

Location Information for 5 Mann, Athol MA 01331

Contact Information for 5 Mann, Athol MA 01331

Agent

Office

Payment Calculator

Exclusive Listing Agent

LAER Realty Partners

Linda Lee