158 Fairview Ave Athol — Photo 1 of 37
Recent Drop: $10,000
$385,000
Investment Analysis — 158 Fairview Ave
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01331 carries an estimated $2,090/mo in gross rent — about a 4.57% cap rate and $17,603/yr in estimated NOI at the $385,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,021
Style
Single Family
Built
1930
Welcome to 158 Fairview Ave - Fully renovated 3-bedroom, 1.5-bath Ranch on a 0.14-acre lot. Features include a full basement, central air, heat pump, insulation, maple cabinets, quartz countertops, new roof, new water heater, and a 2-car garage. Conveniently located near downtown Athol, schools, shopping, restaurants, and Route 2. Enjoy nearby Silver Lake and Lake Ellis with beaches, boating, fishing, and trails. A perfect opportunity for first-time homebuyers and investors.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 511 sq ft (the lesser of 900 sq ft or half the 1,021 sq ft principal dwelling). Lot size: 6,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator
Neighborhood
Highway Access • Public School
Geography
Property History
$385,000
Was $395,000
Aug 25, 2026
MLS® 73558250
$395,000
Aug 3, 2026
MLS® 73558250
Listing Agent: Marilene Araujo
Listing Office: United Brokers
MLS® Number: 73558250
