Well-maintained 4-family property offering consistent rental income with clear value-add potential. Three of the four units have been newly renovated, reducing near-term maintenance and positioning the property for continued rent growth. Strong tenant demand and stable occupancy make this an attractive opportunity for investors looking to build equity while improving long-term returns. Conveniently located near local amenities and major routes, 31 Freedom Street is a solid addition to any portfolio with room to enhance performance.
This home has been viewed 17 times
Last Checked: December 11th, 2025 at 6:48am (Source: MLS PIN #73461114)
Gross Income: $52,200
Gross Expenses: $4,048
Net Income Calc: $48,152
CAP Rate: 8.37%
Annual Expenses for 31 Freedom St, Athol MA 01331
Total Gross Expenses (Calculated)$4,048/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,048
Annual Income & Unit Breakdown for 31 Freedom St, Athol MA 01331
Total Gross Income (Calculated)$52,200
Unit 1
Rental Income$1,450
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,450
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,450
Lease
Bedrooms2
Bathrooms1 Full
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 31 Freedom St, Athol MA 01331
Listing ID73461114
Property TypeMulti Family / 4 Family
Price$575,000 ($138.42/SqFt)
Style4 Family - 4 Units Up/down
CityAthol
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,154 SqFt
Approximate Lot Size (Acres)0.31 acres
Total Parking2 (1 Garage)
Garage Parking1 / Detached
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 31 Freedom St, Athol MA 01331
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$69,600
Total Net Income By Broker$52,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 31 Freedom St, Athol MA 01331
Real Estate Taxes$4,048
Tax Year2025
Assessed Value$346,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$69,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$52,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.37%
Location Information for 31 Freedom St, Athol MA 01331
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 31 Freedom St, Athol MA 01331