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222 Main St, Athol, MA 01331

Multi-Family

$434,900
Price

10
Units
7,704
Approx. GLA
A review of revenue/expenses will tell you this property makes money!! 10 unit multi-famiy with rents below market value not raised in several years. Tenants pay own heating costs. Some are long term tenants with excellent history, others are newer but collections are reliable and have the potential to increase. Operating costs are low and consistent and maintenance has been kept up through the years. Many improvements include new electric hot water system and renovated apartments.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Partially Finished, Walk Out, Concrete Floor
List Price: $434,900
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 18
Baths: 10
Units: 10
Year Built: 1900
Approx. GLA: 7,704
MLS#: 72226264
Interior
Basement: Yes
Electricity Cost: $3,217
Electric Features: 220 Volts, Individually Metered
Heating Units: 1
Heating Zones: 10
Flooring: Wood, Tile, Wall to Wall Carpet, Varies Per Unit, Laminate
Energy: Storm Doors, Varies per Unit
Hot Water: Electric
Rooms: 35
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Facing: South
Acres: 0.19
Lot Size: 8,400.00
Lot Description: Paved Drive, Shared Drive
Foundation: Poured Concrete
Parking Spaces: 9
Parking Features: Off-Street, Stone/Gravel
Road Type: Public
Color: white
Construction: Frame, Brick, Stone/Concrete, Post & Beam
Utility: for Electric Range, for Electric Oven
Exterior: Aluminum, Brick
Exterior Features: Garden Area, Porch, Balcony, Gutters, Sprinkler System
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $302,200
Taxes: $6,165
Tax Year: 2017
Book/Page: 49352/384
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $80,700
Gross Expenses: $28,563
Total Rent: $6,725
Net Income: $49,637
Insurance Cost: $3,167
Management Cost: $9,000
Refuse Cost: $2,000
R&M Cost: $2,000
Sewer Cost: $2,507
Water Cost: $2,507
Misc. Cost: $1,500
Additional
Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Public School
Disclosure Declaration: Yes
Disclosure: Listing agent is also property manager
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $700
Unit 2 4 2 0 1 1 0 No 1 $700
Unit 3 4 2 0 1 1 0 No 1 $700
Unit 4 2 1 0 2 1 0 No 1 $475
Map
The listing office is Godin Real Estate and the listing agent is Jesse Bialkin. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/19/2017 6:35:00 AM.
 
Jesse Bialkin
Jesse Bialkin
property manager
Godin Real Estate


Godin Real Estate   Godin Real Estate
181 Main St • Athol, MA 01331 Map it
Direct: 978 249 8131 • Fax: 978-249-6223
fgodin@godinrealestate.com

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