Twitter
Facebook
Email
|
An 11-unit, two-building multifamily asset held on a single 0.26-acre parcel in Athol's village center. Ten of eleven units are currently occupied, generating approximately $12,000 per month in collections. Applying a conservative 35% operating expense load, in-place net operating income of approximately $93,600 supports an as-is capitalization rate of 7.5% at the asking price "” a going-in return available on day one, before any repositioning. The two buildings comprise 7,211 square feet of living area. Both are wood-frame construction over full basements. A detached garage structure on the parcel provides additional income potential and utility, and coin-operated laundry in the basement generates ancillary revenue beyond scheduled rents. Tenants are responsible for heat and electricity. Four units have been recently renovated. The single vacancy offers immediate lease-up upside without renovation risk, and in-place rents sit around current Athol submarket benchmarks. Occupancy has strengthened over the current ownership period, demonstrating absorption at scale in a submarket where comparable multifamily inventory is limited. Both buildings are carried under one parcel and one tax bill "” Assessor Map 32, Lot 169 "” simplifying acquisition, financing, title work, and ongoing administration relative to a two-property portfolio. FY2026 real estate taxes are $7,823 on an assessed value of $617,500, against Athol's single tax rate of $12.67 per $1,000. Athol anchors the North Quabbin region with direct Route 2 access to Gardner, Fitchburg, and Greenfield. The subject sits in the village center within walking distance of Main Street services, supporting consistent tenant demand at workforce rent levels. Financial package, rent roll, and property records available to qualified parties.
| Login to view Features |
| ADDITIONAL DETAILS | |
| Login to view Additional Details |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Gail
Roberts to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Michael Videtta, The Hive Real Estate LLC
The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
This IDX solution is (c) Diverse Solutions 2026.