61-63 Estabrook Street

Athol, MA 01331

$339,000
Last Sold Price
10
Beds
4
Baths
3,424 Sq. Ft.
$99 / Sq. Ft.
3,424
Sq. Ft.
$99
per Sq. Ft.

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...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!

Property Details for 61-63 Estabrook Street

Town
Athol
Area
MA-Athol
Garage Spaces
0
Parking Spaces
7.00
Parking Spaces Total
7

Location

Listing Courtesy of Keller Williams Realty North Central, Jason Regan

Sold By eXp Realty, Martin Alcantara

Add your commute
LISTING UPDATED: 08/06/2022 07:44 AM

Property Details for 61-63 Estabrook Street

StatusSold
MLS #72862611
Days on Market60
Taxes$2,997 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family - 4 Units Up/Down
Year Built1880
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty North Central, Jason Regan

Sold By eXp Realty, Martin Alcantara

Add your commute

Building Information for 61-63 Estabrook Street

Stories7Residences4Year Built1880Building Size-Lot Size0.22 AC / 9,800 SF

Payment Calculator

$2,100 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,850

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 61-63 Estabrook Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility
  • Current Financing: FHA
  • Living Area: 3424.0
  • Color: Green
  • Total Units: 4
  • Property Condition: Unit 1 Remodeled, Unit 3 Remodeled
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Refrigerator), Unit 3(Range, Unit 4(Range, Electric Water Heater, Utility Connections for Electric Range
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Carpet
  • 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, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
Exterior Features
  • Construction: Post & Beam
  • Exterior Features: Deck - Wood
  • Lot Description: Cleared
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 100 Amp Service
  • Heating: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil, Electric), Unit 3(Hot Water Baseboard, Unit 4(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Only showing front left bottom floor unit and basement on 1st showing. Full access will be given on accepted offer
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:00036 B:00032 L:00000
  • Assessments: $169,700
  • Book: 65008
  • Tax Year: 2021
  • Zoning: RES
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $45,252.00
  • Insurance: $1,800.00
  • GRE: $8,400
  • HTE: $4,800
  • RME: $1,800
  • NOI: $18,582.00
  • Operating Expense: $8,400.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,812.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 61-63 Estabrook Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 61-63 Estabrook Street

This home is within Athol-Royalston School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Athol Community Elementary School
PublicPK to 4

Athol-Royalston Middle School
Public5 to 8

Athol High School
Public9 to 12

Royalston Community School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty North Central, Jason Regan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.