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16 Prospect St, Athol, MA 01331

Multi-Family

$216,500
Price

4
Units
3,572
Approx. GLA
Great 4-family property with healthy cap rate! Current owner renovated when purchased in 2013 and has continued with maintenance and updates as needed, including the just-installed Weil-McLain boiler. Some replacement windows have been installed on west side of property, and partial new roof was done in 2013. All units are occupied and current on rent. First floor has 1 large 2BR unit and a good-size 1BR unit, as well as the coin-op laundry room. Second floor has two 2BR units. Great location, walking distance to downtown. Large barn offers plenty of owner storage. Off-street parking in rear. Nice addition to any portfolio, or great property for first-time investor or owner occupant. Call for a showing! (note: some pics are of previously vacant units, all are now full)
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Partial, Dirt Floor
List Price: $216,500
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 7
Baths: 4
Units: 4
Year Built: 1900
Approx. GLA: 3,572
MLS#: 72304032
Interior
Basement: Yes
Electricity Cost: $700
Electric Features: Circuit Breakers
Flooring: Vinyl, Wall to Wall Carpet
Energy: Insulated Windows
Hot Water: Electric
Rooms: 15
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.16
Lot Size: 6,800.00
Lot Description: Corner, Paved Drive
Foundation: Fieldstone
Parking Spaces: 7
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: gold
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Wood
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $205,700
Taxes: $4,026
Tax Year: 2018
Book/Page: 51336/211
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $36,300
Gross Expenses: $9,690
Total Rent: $3,025
Net Income: $26,610
Heat Cost: $2,740
Insurance Cost: $2,400
Refuse Cost: $1,100
R&M Cost: $1,500
Water Cost: $1,250
 
 
Additional
Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 Yes 1 $650
Unit 2 4 2 0 1 1 0 Yes 1 $775
Unit 3 4 2 0 2 1 0 Yes 1 $800
Unit 4 4 2 0 2 1 0 1
Units Extras
Common
Rooms:  Laundry 
Map
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 7/19/2018 5:05:00 PM.
 
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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