61 Estabrook Street

Athol, MA 01331

$439,900
Price
10
Beds
4
Baths
3,424 Sq. Ft.
$128 / Sq. Ft.
3,424
Sq. Ft.
$128
per Sq. Ft.

Description

Presenting a remarkable investment opportunity in Athol, MA within minutes of Lake Ellis. This four-family residence offers an impressive return on investment with a remarkable potential cash flow. The units have been freshly painted and many details in each units have been updated. The roof, which was replaced in 2017, adds a layer of security and assurance. The bathroom on the second floor has been carefully renovated and the new flooring installed in many of the units adds a modern touch. The...Presenting a remarkable investment opportunity in Athol, MA within minutes of Lake Ellis. This four-family residence offers an impressive return on investment with a remarkable potential cash flow. The units have been freshly painted and many details in each units have been updated. The roof, which was replaced in 2017, adds a layer of security and assurance. The bathroom on the second floor has been carefully renovated and the new flooring installed in many of the units adds a modern touch. The property also offers ample parking with space for 7-8 cars. Situated in a growing market, this property presents a unique combination of convenience and profitability for any aspiring investor. Benefit from a positive cash flow from this property and a near 10% CAP Rate.
  1. Listed by Team Martinez • LAER Realty Partners
  2. Listed by Kelvin Martinez • LAER Realty Partners

Property Details for 61 Estabrook Street

Town
Athol
Area
MA-Athol
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of LAER Realty Partners, Team Martinez; LAER Realty Partners, Kelvin Martinez
Add your commute
LISTING UPDATED: 05/01/2024 03:35 AM

Property Details for 61 Estabrook Street

StatusUnder Agreement
MLS #73226219
Days on Market17
Taxes$4,201 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1880
CountyWorcester County

Location

Listing Courtesy of LAER Realty Partners, Team Martinez; LAER Realty Partners, Kelvin Martinez
Add your commute

Building Information for 61 Estabrook Street

Stories6Residences4Year Built1880Building Size-Lot Size0.22 AC / 9,800 SF

Payment Calculator

$2,751 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,401

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 61 Estabrook Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Living Area: 3424.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • 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, Tile, Vinyl, Laminate, Hardwood
  • Interior Features: Ceiling Fan(s), Bathroom With Tub, Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
  • Interior Features: Window AC
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller has never lived in the property.
Tax Information
  • Tax ID: M:00036 B:00032 L:00000,1449275
  • Assessments: $299,200
  • Book: 66707
  • Tax Year: 2023
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $63,600.00
  • Insurance: $4,500.00
  • GRE: $23,300
  • HTE: $4,500
  • RFS: $2,700
  • RME: $5,500
  • NOI: $63,600.00
  • Operating Expense: $23,300.00
  • WSE: $2,400.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 61 Estabrook Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 61 Estabrook Street

Taxable ValueLand$36,800Additions$277,800Total$314,600
Tax Record2024$4,036 ($336 / month)
Home Facts
Baths4Total Finished SqFt3,424 SqFtAbove Grade Finished SqFt3,424 SqFtStories2Lot Size9,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1880CountyWORCESTERAPNATHO M:00036 B:00032 L:00000

Schools near 61 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.

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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 LAER Realty Partners, Team Martinez; LAER Realty Partners, Kelvin Martinez

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.