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56 Hapgood St, Athol, MA 01331

Multi-Family

$365,000
Price

7
Units
5,852
Approx. GLA
GREAT investment property! 7 units, CAP of 12.7 if rents are raised to at-market rates. Recent Buderus boiler separately zoned for units, newer roofs, siding done in last 10 years, replacement windows, 7 new energy-efficient electric H/W heaters. Newer exterior decking. Paved off-street parking. Garage converted to owner storage shed, could hold potential for a little extra income. Coin-op W/D in basement. Great residential location, walking distance to downtown. Start your investment portfolio here or expand your current one. Join the growing Athol community, with its expanded hospital, growing North Quabbin Commons, and high demand for rental units.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Bulkhead, Sump Pump, Concrete Floor
List Price: $365,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 9
Baths: 7
Units: 7
Year Built: 1900
Approx. GLA: 5,852
MLS#: 72457106
 
Interior
Basement: Yes
Electricity Cost: $600
Electric Features: Circuit Breakers, Individually Metered
Heating Zones: 7
Flooring: Wood, Vinyl, Wall to Wall Carpet
Energy: Insulated Windows
Rooms: 23
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.33
Lot Size: 14,411.00
Lot Description: Corner, Level
Foundation: Poured Concrete
Garage Spaces: 1
Parking Spaces: 8
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: gray
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $262,400
Taxes: $5,135
Tax Year: 2018
Book/Page: 8165/210
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $63,600
Gross Expenses: $17,059
Total Rent: $5,300
Net Income: $46,541
Heat Cost: $5,000
Insurance Cost: $2,700
Refuse Cost: $1,524
Water Cost: $2,100
Additional
Amenities: Public Transportation, Park, Stables, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Disclosure: Note: Income shown is what at-market rents would yield. Current tenants are all below market rent. Income shown is based on 6 1-BR with heat at $700/mo and 1 3BR with heat at $1100. All tenants are TAW
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $700
Unit 2 3 1 0 1 1 0 No 1 $700
Unit 3 5 3 0 2 1 0 No 1 $1,100
Unit 4 3 1 0 2 1 0 1 $700
Units Extras
Unit 1
Rent Includes:  Heat  Heating:  Hot Water Baseboard, Oil 
Unit 2
Rent Includes:  Heat  Heating:  Hot Water Baseboard, Oil 
Unit 3
Rent Includes:  Heat  Heating:  Hot Water Baseboard, Oil 
Unit 4
Rent Includes:  Heat  Heating:  Hot Water Baseboard 
Common
Rooms:  Laundry 
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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 12/18/2018 2:44:00 PM.


Godin Real Estate   Godin Real Estate
181 Main St • Athol, MA 01331 Map it
Direct: 978 249 8131 • Fax: 978-249-6223
[email protected]

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