Rare opportunity to acquire an 11-unit multifamily investment property consisting of two separate buildings—a 5-unit and a 6-unit—on a single parcel. The property offers a strong combination of existing rental income, multiple income streams, and long-term investment potential. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize owner-paid utility expenses. Additional features include coin-operated laundry, full basements in both buildings, and a detached six-bay garage, providing additional income and storage potential. The property features a diverse unit mix consisting of [6] one-bedroom units and [5]two-bedroom units.Current gross monthly rental income is approximately $11,925, or $143,100 annually, with additional potential income available through the garages and laundry
This home has been viewed 6 times
Last Checked: November 3rd, 2026 at 9:13am (Source: MLS PIN #73565928)
Gross Income: $29,400
Gross Expenses: $7,823
Net Income Calc: $21,577
Annual Expenses for 159 Park St, Athol MA 01331
Total Gross Expenses (Calculated)$7,823/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7823
Annual Income & Unit Breakdown for 159 Park St, Athol MA 01331
Total Gross Income (Calculated)$29,400
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 159 Park St, Athol MA 01331
Listing ID73565928
Property TypeMulti Family
Price1250000 ($173.35/SqFt)
Style5+ Family - 5+ Units Up/down
CityAthol
CountyWorcester
Neighborhood(s)
Approximate Living Area Total7211
Approximate Lot Size (Acres)0.26
Total Parking27 (6 Garage)
Garage Parking6
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 159 Park St, Athol MA 01331
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 159 Park St, Athol MA 01331
Real Estate Taxes7823
Tax Year2026
Assessed Value$617,500
Financial Data Source
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 159 Park St, Athol MA 01331
Neighborhood(s)
Area Amenities
Contact Information for 159 Park St, Athol MA 01331