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Expired

573 Main St, Athol MA 01331

$650,000

Estimated $1,491.72/month Calculator

Multi Family

Total Units: 10

Price Per Unit: $65,000

Total Rent: 43800/year

Estimated CAP Rate: -2.30%

11 Bedrooms

7 Full, 3 Half Baths

8,148 SqFt

Total Parking: 7

5,399 SqFt

INVESTORS – YOU’RE GOING TO LOVE THIS! THIS UNIQUE MAIN ST PROPERTY IS MIXED USE COMMERCIAL WITH HIGH VISIBILITY, PLENTY OF FOOT & CAR TRAFFIC AND CONVENIENT TOWN HALL, LIBRARY, YMCA, POLICE DEPARTMENT AND AREA BUSINESSES. RESIDENTIAL AREA OF BUILDING INCLUDES 4 ONE-BEDROOM UNITS, 2 TWO-BEDROOM UNITS AND 1 THREE-BEDROOM UNIT PLUS 3 COMMERCIAL UNITS. DON'T MISS THIS RARE OPPORTUNITY TO ADD TO YOUR PORTFOLIO.UNIT 6 HAS 5/3/1 $1035. UNIT 7 HAS 4/2/1 $1100. COMMERCIAL UNITS: SALON - $625. OASIS - $700. RESTAURANT - $1150. AN EASY IN AND OUT LOCATION LESS THAN A MILE TO RT 2 AT EXIT 18 AND THE NORTH QUABBIN COMMONS SHOPPING AREA.GROUP SHOWING SCHEDULED FOR SATURDAY, SEPT. 3RD AT 12:30. PLEASE CALL IF YOU WILL BE ATTENDING.

This home has been viewed 59 times

Last Checked: May 7th, 2024 at 1:10am (Source: MLS PIN #73026295)

Gross Income: $43,800

Gross Expenses: $58,718

Net Income Calc: $14,918

CAP Rate: -2.30%

Annual Expenses for 573 Main St, Athol MA 01331

Total Gross Expenses (Calculated)$58,718/year

APOD AvailableYes

Heating$14,200

Electricity$11,075

Water$9,186

Gas$9,186

Insurance$8,151

Sewer$9,186

Trash Removal$3,719

Repair & Maintenance$7,134

Management

Miscellaneous

Real Estate Tax$5,253

Annual Income & Unit Breakdown for 573 Main St, Athol MA 01331

Total Gross Income (Calculated)$43,800

Unit 1

Rental Income$910

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 2

Rental Income$920

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 3

Rental Income$935

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

Unit 4

Rental Income$885

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesElectric, Water, Unit 1(heat, Hot Water), Unit 2(heat, Unit 4(heat, Unit 3(heat

General Information for 573 Main St, Athol MA 01331

Listing ID73026295

Property TypeMulti Family / 5+ Family

Price$650,000 ($79.77/SqFt)

Style5-9 Family

CityAthol

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total8,148 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking7

Garage Parking

Year Built1824

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Corner Lot

Foundation Area

Foundation DescriptionBrick/Mortar,Granite

Accessible Features

Outdoor Space

ZoningCommercial

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 573 Main St, Athol MA 01331

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureAll measurements are approximate, per Public Recor

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$78,640

Total Gross Income By Broker$96,435

Total Net Income By Broker$17,795

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 573 Main St, Athol MA 01331

Real Estate Taxes$5,253

Tax Year2022

Assessed Value$327,300

Financial Data Source

Total Gross Expenses By Broker$78,640

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$96,435

BostonRealEstate.com Gross Income

Total Net Income By Broker$17,795

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-2.30%

Location Information for 573 Main St, Athol MA 01331

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Pool

Contact Information for 573 Main St, Athol MA 01331

Agent

Name: Stephanie Pandiscio

Office

Name: Foster-Healey Real Estate

Phone: 978-630-2070

Payment Calculator

, Interest

Property Taxes 437.75

Principal & Interest 4005.09

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Foster-Healey Real Estate

Stephanie Pandiscio

Agent Phone

Office Phone

(978) 630-2070

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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[year_built] => 1824
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    [zoning] => Commercial
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                    [modified] => 2024-05-07 01:11:08
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