Zoned Adaptive Reuse! Discover the potential of Sanders Street School, an historic property situated on a sprawling 9.62-acre lot. This former schoolhouse is ready for a new chapter, with existing plans to transform the building into 15 charming condo apartments. The town of Athol has approved the plan, does need work. The spacious grounds include a large parking lot at the rear, possibilities for the 9 acre lot to potentially subdivide. Whether you choose to follow through with the current redevelopment vision or explore other creative uses, Sanders Street School offers a unique opportunity to invest in a property with significant promise. Don’t miss the chance to turn this classic site into a modern treasure.
This home has been viewed 24 times
Last Checked: October 16th, 2024 at 4:19am (Source: MLS PIN #73263511)
Gross Income: $0
Gross Expenses: $3,578
Net Income Calc: $3,578
CAP Rate: -0.48%
Annual Expenses for 314 Sanders Street, Athol MA 01331
Total Gross Expenses (Calculated)$3,578/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,578
Annual Income & Unit Breakdown for 314 Sanders Street, Athol MA 01331
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent IncludesNo
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent IncludesNo
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesNo
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesNo
General Information for 314 Sanders Street, Athol MA 01331
Listing ID73263511
Property TypeMulti Family / 5+ Family
Price$749,900 ($48.17/SqFt)
Style5-9 Family
CityAthol
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total15,567 SqFt
Approximate Lot Size (Acres)9.62 acres
Total Parking30
Garage Parking
Year Built1919
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesWooded
Foundation Area
Foundation DescriptionSlab
Accessible Features
Outdoor Space
ZoningAdaptive
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 314 Sanders Street, Athol MA 01331
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 314 Sanders Street, Athol MA 01331
Real Estate Taxes$3,578
Tax Year2024
Assessed Value$278,900
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.48%
Location Information for 314 Sanders Street, Athol MA 01331
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesNo
Contact Information for 314 Sanders Street, Athol MA 01331