Active
68 Days on market
148 Sanders St Athol — Photo 1 of 28

148 Sanders St Athol — Photo 1 of 28

$425,000

Investment Analysis — 148 Sanders St

Athol, MA 01331

Based on rent reported on the MLS listing, a 2-unit multi-family in 01331 carries $3,200/mo in gross rent — about a 6.07% cap rate and $25,788/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.

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Beds

6

Baths

2

SqFt

2,300

Style

2 Family - 2 Units Up/Down

Built

1910

BACK ON MARKET… Due to a change in the buyer’s circumstances (not as a result of the inspection or property condition). Their change in circumstances could be your second chance to make this one yours!Exceptional opportunity to own a well-maintained and extensively updated two-family home offering income potential, long-term value, and future growth. Each unit features 3 bedrooms and 1 full bath. Both units are currently set to be conveyed vacant, giving the next buyer flexibility to choose what works best for them. The sellers currently have multiple rental applications in hand for the second-floor unit at the same rental rate as the previous tenants (see prior lease for details). Depending on the buyer’s preference, the property may be delivered vacant or the sellers can move forward with securing a tenant for the second-floor unit.The first-floor unit showcases hardwood floors, while the second-floor unit features efficient mini-split heating and cooling for year-round comfort. Major improvements include completely updated electrical and plumbing throughout, new appliances in both units, and both hot water heaters replaced. A spacious yard, detached garage, and large driveway add to the property’s appeal. The unfinished third floor offers exciting possible expansion potential for additional living space or future value (buyer’s due diligence).Whether you’re looking to grow your investment portfolio or owner-occupy while generating rental income, this move-in-ready property offers the perfect blend of updates, flexibility, and opportunity!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

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Property Details

Financials

Original Price$425,000
Annual Taxes$3,396

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms10
FireplacesNone
FlooringTile, Laminate, Hardwood
BasementFull, Bulkhead

Climate & Utilities

HeatingBaseboard, Oil, Central
CoolingNone, Central Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationStone
ZoningRA

Property & Lot

Acres0.45
SqFt Lot19,725
Lot Features--

Amenities & Appliances

Range • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Conservation Area • Highway Access

Geography

Listing Provided By

Listing Agent: Emma Cook

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73544808