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175-185 Lake St, Athol, MA 01331

Multi-Family

$240,000
Price

4
Units
5,084
Approx. GLA
Four attached 3-bedroom townhouses, fully occupied and all tenants are current on rent. All 4 units are identical layouts, and include a full basement with w/d hook-ups and storage, 1st floor has large living room, large kitchen with spacious pantry and basement access. Second floor houses 3 nice-size bedrooms and bathroom. Letters of full initial lead inspection compliance issued in 2003. Off-street parking and low-maintenance corner lot. Town of Athol Building Department just signed off on 5-year inspection, so it's good until 2023! Tenants pay heat/hot water. Roof done in 2002. Priced to sell, with a double-digit CAP rate. Nice location walking distance to Silver Lake park, downtown, kids play park across the street. Don't wait to add this to your portfolio or start your portfolio with this one!
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Interior Access, Concrete Floor
List Price: $240,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Under Agreement
Beds: 12
Baths: 4
Units: 4
Year Built: 1940
Approx. GLA: 5,084
MLS#: 72295046
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Flooring: Vinyl, Wall to Wall Carpet
Hot Water: Oil, Electric, Varies Per Unit
Rooms: 20
Lead Paint: Certified Treated
Total Floors: 2
Exterior
Water: No
Acres: 0.14
Lot Size: 6,000.00
Lot Description: Corner, Level
Foundation: Concrete Block
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: white
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $198,300
Taxes: $4,045
Tax Year: 2017
Book/Page: 35812/348
Beach
Beach: Yes
Miles to Beach: 1/10 to 3/10
Beach Description: Lake/Pond
Beach Ownership: Public
Expenses
Expenses Source: Estimated, Owner Provided
Gross Income: $39,600
Gross Expenses: $11,485
Total Rent: $3,300
Net Income: $28,115
Insurance Cost: $2,000
Refuse Cost: $840
R&M Cost: $2,000
Sewer Cost: $1,300
Water Cost: $1,300
Misc. Cost: $4,045
 
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Conservation Area, Highway Access, Public School
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 Yes 3 $825
Unit 2 5 3 0 1 1 0 Yes 3 $825
Unit 3 5 3 0 1 1 0 3 $825
Unit 4 5 3 0 1 1 0 Yes 3 $825
Units Extras
Common
Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Hot Water Baseboard, Oil  Interior:  Storage  Rooms:  Other (See Remarks) 
Map
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The listing office is Godin Real Estate and the listing agent is Lynn Brooks. 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 4/21/2018 5:05:00 AM.
 
Lynn Brooks
Lynn Brooks
Sales Associate
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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