NOT LISTED FOR SALE

16 Prospect St Athol, MA 01331

Athol Area
7 Beds
4 Baths
3,572 Sq Ft
6,800 Sq Ft Lot

Sale Details

Date Sold: March 28, 2024

Last sale price $393,000 $110 Per Sq Ft

78 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Park
  • Property is near golf course, public transit, and schools
  • Porch
  • Shops

About This Home

As of March 2024

Interest rates are dropping and so is this property's list price! And there's room for rent increases! Join the many buyers who have opted to bring their investment dollars to Athol, offering a commuter-friendly central-MA location. Prospect St has easy access to downtown Athol with YMCA, Library, stores and restaurants; equally accessible to the Market Basket plaza with shopping, cinema and restaurants! Three 2BR, one 1BR, nicely laid-out, well cared for units. Long-term owner with various updates along the way, including boiler and hot water tanks. Most windows are Harveys, including one slider. Previous rehab included sheetrock walls throughout. Rents include heat (HWBB), tenants pay hot water (electric). Coin-op laundry. Off-street parking, large barn for landlord use or could offer unit expansion opportunity (buyer due diligence). Nice addition to a portfolio or a manageable 1st property for someone looking to start investing in multi-unit properties. Don't wait!

Last Agent to Sell the Property

Lynn Brooks

Godin Real Estate Listed on: 10/24/2023

Last Buyer's Agent

miles dassoni

Downtown Boston Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,262

Year Built

  • Built in 1900

Lot Details

  • 6,800 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,572 Sq Ft Home
  • Insulated Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Partial Basement
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Porch
  • Property is near golf course, public transit, and schools

Listing and Financial Details

  • Total Actual Rent $3,925
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
  • Assessor Parcel Number M:00030 B:00442 L:00000,1448376

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $1,020
  • Insurance Expense $3,200
  • Water Sewer Expense $2,160
  • Operating Expense $9,821
  • Net Operating Income $36,079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,262

Year Built

Built in 1900

Lot Details

6,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Partial, Dirt Floor
  • Living Area: 3572
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: H17100
  • MAIN SO: AC0953

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Baseboard, Oil
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water), Unit 4(Heat,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2160

Lot Info

  • Parcel Number: M:00030 B:00442 L:00000,1448376
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6800
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5262

Multi Family

  • Electric Expense: 1020
  • Insurance Expense: 3200
  • Net Operating Income: 36079
  • Number Of Units Total: 4
  • Operating Expense: 9821
  • Total Actual Rent: 3925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2026
Sold by
Bought by

Purchase Details

Listed on
Oct 24, 2023
Closed on
Mar 28, 2024
Sold by
Bought by
Seller's Agent
Lynn Brooks
Godin Real Estate
Buyer's Agent
miles dassoni
Downtown Boston Realty
List Price
$449,000
Sold Price
$393,000
Premium/Discount to List
-$56,000
-12.47%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,750
Interest Rate
0.0688%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
0.0414%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 27, 2013
Closed on
Aug 9, 2013
Sold by
Bought by
Seller's Agent
Donald Mailloux
Coldwell Banker Community REALTORS®
Buyer's Agent
Donald Mailloux
Coldwell Banker Community REALTORS®
List Price
$99,900
Sold Price
$60,000
Premium/Discount to List
-$39,900
-39.94%

Purchase Details

Closed on
Jul 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
0.0575%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
0.0826%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 11, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$393,000 None Available
-- --
-- --
$60,000 --
$97,750 --
-- --
$59,500 --
$12,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $294,750
Previous Owner $108,000
Previous Owner $94,500
Previous Owner $137,400
Previous Owner $22,900
Closed $31,000
Closed $56,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $393,000 -5.3% $110 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $414,900 -2.1% $116 / Sq Ft
11/03/2023 11/03/23 Price Changed $424,000 -5.6% $119 / Sq Ft
10/24/2023 10/24/23 For Sale $449,000 0.0% $126 / Sq Ft
10/26/2015 10/26/15 Rented $600 -7.7% --
10/21/2015 10/21/15 Price Changed $650 +8.3% $1 / Sq Ft
10/16/2015 10/16/15 Under Contract -- -- --
10/15/2015 10/15/15 For Rent $600 0.0% --
08/09/2013 08/09/13 Sold $60,000 -39.9% $17 / Sq Ft View Prior Sale
07/10/2013 07/10/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $99,900 -- $28 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,012 $394,300 $47,200 $347,100
2024 $5,059 $394,300 $47,200 $347,100
2023 $5,262 $374,800 $34,300 $340,500
2022 $3,581 $223,100 $32,600 $190,500
2021 $3,838 $217,300 $29,700 $187,600
2020 $3,556 $207,000 $26,900 $180,100
2019 $3,499 $200,500 $25,400 $175,100
2018 $4,026 $205,700 $23,100 $182,600
2017 $3,941 $193,200 $23,100 $170,100
2016 $3,589 $181,000 $23,100 $157,900
2015 $3,444 $181,000 $23,100 $157,900
2014 $3,336 $181,000 $23,100 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73173602

MLS Property Information Network (MLS PIN)
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