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61-63 Estabrook St Athol, MA 01331
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Key Details
Sold Price $339,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,424 sqft
Price per Sqft $99
MLS Listing ID 72862611
Sold Date 12/08/21
Bedrooms 10
Full Baths 4
Year Built 1880
Annual Tax Amount $2,997
Tax Year 2021
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Investors Take Notice. This is a stabilized, cash flow producing, renovated four-family investment property located in Athol, MA. Renovations include new heating system, new decks, new roof (2017), new exterior paint, new interior paint, new flooring, new bathroom, and many more updates. This is a low maintenance investment property located in a growing market located next to Athol Hospital, the brand-new Market Basket shopping plaza, Starbucks, and many more nearby shops. If you are looking for cash flow look no further as this projected cash flow is almost $18,000 a year, CAP rate of 10%, and beats the 1% rule!
Location
State MA
County Worcester
Zoning RES
Direction Consult GPS
Rooms
Basement Full
Interior
Interior Features Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil, Electric), Unit 3(Hot Water Baseboard, Oil), Unit 4(Hot Water Baseboard, Oil)
Flooring Wood, Vinyl, Carpet
Appliance Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Electric Water Heater, Utility Connections for Electric Range
Exterior
Community Features Public Transportation, Shopping, Medical Facility
Utilities Available for Electric Range
Roof Type Shingle
Total Parking Spaces 7
Garage No
Building
Lot Description Cleared
Story 7
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Martin Alcantara • eXp Realty
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