Outstanding value add investment opportunity in the heart of Athol! This 6/7 unit multifamily features 6 spacious 1 bed 1bath apartments with a completed 7th unit ready to add additional income once a second means of egress is installed to become compliant. Three units are currently occupied, while the remaining units are vacant, offering the next owner the flexibility to complete renovations, make light cosmetic updates or lease quickly at current market rents for immediate cash flow. The property includes a 1-car garage, carport, common laundry & an in unit washer & dryer in the first-floor apartment. Each unit is separately metered for electricity, while the owner pays heat & hot water. A newly installed fire monitoring system provides added peace of mind. Whether you're looking to reposition the property for maximum value or stabilize it with strong rental income, this property offers significant upside & long-term investment potential in a convenient downtown location.
| MLS # | 73550203 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 74 |
| Listing Provided By | Keller Williams Realty-Merrimack | The Fredette Group |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 5,914 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 5 |
| Units | 6 |
| Zoning | CA |
| Acreage | 0.09 |
| Golf Course | Yes |
| Rooms Total | 22 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Vinyl, Carpet, Parquet |
| Exterior Features | Rain Gutters |
|---|---|
| Roof | Shingle |
| Foundation Details | Stone, Brick/Mortar |
| Lot Features | Level |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Paved Drive, Paved |
| Open Parking Yes / No | Yes |
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Sewer | Public Sewer |
| Electric | 100 Amp Service, Individually Metered |
| Tax Annual Amount | 4203 |
|---|---|
| Tax Assessed Value | 331740 |
| Tax Block | 261 |
| Tax Lot | 0 |
| Tax Year | 2026 |
| Tax Map Number | 30 |
| Community Features | Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Worcester |
| City | Athol |
| Zip Code | 01331 |
| Area | Worcester |
| Listing VS Median (in 01331) | |
Price: $625,000 low | high Med: $379,500 sqft: 5,914 low | high Med: 1,248 $ / sqft: $106 low | high Med: $304 On site: 74 low | high Med: 73 | |
| State | MA |
|---|---|
| County | Worcester |
| City | Athol |
| Zip Code | 01331 |
| Area | Worcester |
| Listing VS Median (in 01331) | |
Price: $625,000 low | high Med: $379,500 sqft: 5,914 low | high Med: 1,248 $ / sqft: $106 low | high Med: $304 On site: 74 low | high Med: 73 | |