20
See all 20 photos
$1,250,000
Est. payment /mo
16 Beds
11 Baths
7,211 SqFt
New
159 Park St Athol, MA 01331
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Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 7,211 sqft
Price per Sqft $173
MLS Listing ID 73565928
Bedrooms 16
Full Baths 11
Year Built 1880
Annual Tax Amount $7,823
Tax Year 2026
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
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
Location
State MA
County Worcester
Zoning RA
Direction Pop it in your GPS and go!
Rooms
Basement Concrete, Slab, Unfinished
Exterior
Garage Spaces 6.0
Total Parking Spaces 27
Garage Yes
Building
Lot Description Corner Lot
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by The Hive Real Estate LLC
NEARBY SCHOOL & BUSINESS
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