159 Park St, Athol, MA 01331

Athol
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
159 Park St,Athol, MA 01331
$1,250,000
  • 16 Beds
  • 11 Baths
  • 7,211 sq. ft.
  • Multi-family
  • Active
Listed by: michael videtta, michael videtta
Office: the hive real estate llc
MLS#:73565928
Source:MLSPIN

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$173.35

About this home

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...

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Home facts

  • Year built:1880
  • Listing ID #:73565928
  • Updated:August 23, 2026 at 01:26 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:11
  • Full bathrooms:11
  • Rooms Total:49
  • Basement Description:Concrete, Slab, Unfinished
  • Living area:7,211 sq. ft.

Structure and exterior

  • Year built:1880
  • Building area:7,211 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$173.35
  • Tax amount:$7,823 (2026)

Parking

  • Total parking spaces:21
  • Garage:Yes
  • Garage spaces:6
The property listing data and information, or the Images, 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, 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. 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.

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