Fully occupied 3-family property with nice cash flow; all tenants current on rent. New propane heat/HW system installed in early 2024 should yield significant savings in fuel consumption. Lots of new PVC. Updated panels. Bottom line...the heavy lifting has been done. Two of the units could use some cosmetic updates and hold potential to be 3BR units, which would bring higher rent. Two units own their own W/D; there's room in the basement for coin-ops if new owner preferred. Large lot, 2-car garage.
Spacious triplex in a desirable neighborhood, offering solid structure and an appealing layout, requires renovation. Currently, rents are below market value, with no existing leases.
2 years ago• May not reflect the current state of the home
WOW!!! Three-Family in Athol with HUGE POTENTIAL!!! This property needs some TLC and a vision and is without a doubt an amazing investment! ARV (After Repair Value) is easily 210k+. Potential rent roll for the whole building is $2,600 a month!!! This property is an as-is sale with tenants included. Also includes a state of an art Buderus furnace with 3 zones, and separate electrical panels. First and second floor also have their own laundry. Get your showing in today before this investment opportunity is gone!!!
MLS PIN #71663648
Jun 30, 2015
Sold
$130,000
$35/sq ft
Mar 18, 2015
Pending
—
Apr 21, 2014
Listed
$139,900
$38/sq ft
+11
Well Maintained home in nice neighborhood close to downtown. Perfect owner occupied home. Live in a great house and have your two tenants cover the mortgage. Buderus furnace with three zones, hot water heater, separate electrical panels, all updated in the past 5 years. Replacement windows and vinyl siding make for easy maintenance. First and second floors could have third bedroom or dining room, both have separate laundry rooms. Good-day!!
Public Records
May 22, 2007
Sold
$60,000
$16/sq ft
Public Records
Jan 2, 2003
Sold
$150,000
$40/sq ft
MLS PIN #30061630
Feb 29, 1996
Sold
$94,500
$25/sq ft
Dec 15, 1995
Listing Removed
—
Aug 4, 1995
Listed
$99,500
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,222 (+16.8%)
$35,900 + $193,600
$229,500
2022
$2,759 (−10.9%)
$34,200 + $137,700
$171,900
2021
$3,098 (+4.5%)
$31,100 + $144,300
$175,400
2020
$2,965 (+0.2%)
$28,300 + $144,300
$172,600
2019
$2,960 (+5.3%)
$26,700 + $142,900
$169,600
2018
$2,810 (−4.1%)
$24,300 + $119,300
$143,600
2017
$2,929 (+4.2%)
$24,300 + $119,300
$143,600
2016
$2,812 (+4.2%)
$24,300 + $117,500
$141,800
2015
$2,698 (+3.3%)
$24,300 + $117,500
$141,800
2014
$2,613 (+9.2%)
$24,300 + $117,500
$141,800
2013
$2,392 (−4.2%)
$24,300 + $130,200
$154,500
2012
$2,496 (−11.8%)
$23,200 + $139,100
$162,300
2011
$2,829 (+3.6%)
$23,200 + $176,900
$200,100
2010
$2,730 (+13.8%)
$28,400 + $176,900
$205,300
2009
$2,400
$40,000 + $169,200
$209,200
Tax history for 64 Prospect St
Year
Property tax
Land + Additions
Assessment*
2023
$3,222 (+16.8%)
$35,900 + $193,600
$229,500
2022
$2,759 (−10.9%)
$34,200 + $137,700
$171,900
2021
$3,098 (+4.5%)
$31,100 + $144,300
$175,400
2020
$2,965 (+0.2%)
$28,300 + $144,300
$172,600
2019
$2,960 (+5.3%)
$26,700 + $142,900
$169,600
2018
$2,810 (−4.1%)
$24,300 + $119,300
$143,600
2017
$2,929 (+4.2%)
$24,300 + $119,300
$143,600
2016
$2,812 (+4.2%)
$24,300 + $117,500
$141,800
2015
$2,698 (+3.3%)
$24,300 + $117,500
$141,800
2014
$2,613 (+9.2%)
$24,300 + $117,500
$141,800
2013
$2,392 (−4.2%)
$24,300 + $130,200
$154,500
2012
$2,496 (−11.8%)
$23,200 + $139,100
$162,300
2011
$2,829 (+3.6%)
$23,200 + $176,900
$200,100
2010
$2,730 (+13.8%)
$28,400 + $176,900
$205,300
2009
$2,400
$40,000 + $169,200
$209,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Sq. Ft.
3,727
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
1448384
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Driveway
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Concrete
Laundry Information
Laundry Features: Washer Hookup
Interior Features
# of Rooms (Total): 13
Flooring: Vinyl, Laminate
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,727
Foundation Details: Stone, Brick/Mortar
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: blue
Exterior Features
Roof: Shingle
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.25
Lot Features: Gentle Sloping, Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $3,166
Tax Year: 2024
Utilities
Utility Information
Utilities: for Electric Range, Washer Hookup, Varies per Unit
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, Individually Metered
Heating & Cooling
Has Heating
Heating: Propane
Location
Location Information
Directions: GPS
UnparsedAddress: 64 Prospect St, Athol MA 01331
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,727
Stories: 2.0
Lot Size: 0.25 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Worcester County
APN: 1448384
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Athol Community Elementary School
Public PreK-4 • Assigned • 1.3mi
2/10
Athol-Royalston Middle School
Public 5-8 • Assigned • 1.5mi
4/10
Athol High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 17 days in 30 years
4/10 Wind Factor
16% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Athol, MA • 01331
Average low and high temperatures (°F)
29
12
33
13
48
27
59
36
67
46
79
56
84
63
80
55
74
51
61
39
48
31
34
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$383,000 – $464,000
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