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$349,900   Price Analysis
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194 Cottage St
Athol, MA 01331
8 bed 6 bath 4,276 SqFt ($81/SqFt)
0.25 acre lot. Built 1900
Listed 2024-03-08
USDA Eligible
near Athol, MA
 Restrictions may apply
due to home size

Large 3-unit property offers nice cash flow.

Fully rented. Brand new electrical service and ht water tanks done by current owner. Unit 1 offers 4 BRs and 1.5 baths, 2 rooms are electric heat, remaining rooms are oil paid by tenant. The other 2 units are all-electric with panels in each unit. Unit 2 offers 2 bedrooms and 2.5 baths!

Coin-op laundry. Plenty of parking, including a 3-car garage. Large deck off the 1st floor unit. Close to downtown and commuter routes.


Presented by Lynn Brooks at
Godin Real Estate.
Listing Agent Photo

Property MLS #73210277 from MLSPIN

Bedrooms: 8

Total Rooms: 15
Basement Description: Interior Entry, Concrete

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 2

Flooring: Wood, Vinyl, Carpet, Laminate

Covered Spaces: 3
Garage Spaces: 3
Open Parking: Yes
Parking Features: Off Street, Driveway
Parking Total: 6

Patio And Porch Features: Deck
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Lot Description: Cleared, Gentle Sloping, Level
Lot Size Acres: 0.25
Lot Size Square Feet: 10894

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 40233
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Number of Units: 3

Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School

Annual Tax Amount: 3832
Source Listing Status: Active
County: Worcester
Directions: GPS
Tax Year: 2024
Source Property Type: Residential Income
Insurance Expense: 3053
Parcel Number: M:00029 B:00119 L:00000, 1447761
Postal Code Plus 4: 2305
Zoning: Res
Property Subtype: 3 Family
Source System Name: C2C

Listed 2024-03-08
$349,900
MLSPIN

Net Operating Income: 26115
Operating Expense: 14119

Electric: Circuit Breakers
Electric Expense: 1207
Sewer: Public Sewer
for Electric Range
Water Sewer Expense: 1609
Water Source: Public

Year Built: 1900
Building Area Total: 4276
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Stone, Brick/Mortar
Property Age: 124
Roof: Shingle
Levels or Stories: 6
Year Built Details: Approximate
Year Built Source: Public Records

Athol High School is a public high school located approximately 1.3 miles away.
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Athol Community Elementary School is a public elementary school located approximately 0.3 miles away.
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Athol-Royalston Middle School is a public elementary and middle school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.