Active
24 Days on market
159 Park St Athol — Photo 1 of 20

159 Park St Athol — Photo 1 of 20

$1,250,000

Investment Analysis — 159 Park St

Athol, MA 01331

Based on rent reported on the MLS listing, a 11-unit multi-family in 01331 carries $12,000/mo in gross rent — about a 8.13% cap rate and $101,617/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

16

Baths

11

SqFt

7,211

Style

5+ Family - 5+ Units Up/Down

Built

1880

Rare opportunity to acquire an 11-unit multifamily investment property consisting of two separate buildings—a 5-unit and a 6-unit—on a single parcel. The property offers a strong combination of existing rental income, multiple income streams, and long-term investment potential. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize owner-paid utility expenses. Additional features include coin-operated laundry, full basements in both buildings, and a detached six-bay garage, providing additional income and storage potential. The property features a diverse unit mix consisting of [6] one-bedroom units and [5]two-bedroom units.Current gross monthly rental income is approximately $11,925, or $143,100 annually, with additional potential income available through the garages and laundry

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,250,000
Annual Taxes$7,823

Parking

Garage6
Off-Street21

Interior Specifications

Total Rooms49
FireplacesNone
Flooring--
BasementConcrete, Slab, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock
ZoningRA

Property & Lot

Acres0.26
SqFt Lot11,325
Lot FeaturesCorner Lot

Geography

Listing Provided By

Listing Agent: Michael Videtta

Listing Office: The Hive Real Estate LLC

MLS® Number: 73565928