NOT LISTED FOR SALE

5 Mann Ct Athol, MA 01331

4 Beds
4 Baths
2,400 Sq Ft
0.33 Acres

Last Sold February 16, 2023

Last sale price $245,000 $102 Per Sq Ft

146 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Corner Lot
  • Community Stables
  • Property is near public transit
  • Community Pool

About This Home

As of February 2023

Price adjustment! Looking to start investing in real estate? Looking to add to your portfolio? This great 4 family might be just what you are looking for! Fully rented with positive cash flow, each 1-bedroom unit has its own electric, heat and hot water. Seller has recently installed a mini split system in one unit for heat and AC, and three have efficient propane heaters. Each unit has a kitchen, living room and a large bedroom. Two apartments have an enclosed back porch as well. Seller has also recently rebuilt one outside staircase. There is a walk out basement for storage, and a large walk-up attic for additional storage. The lot is large, with a nice back yard and also plenty of parking. The property is set on a quiet road, close to downtown and shopping for convenience. If you're looking for an income property, this well-maintained property is a must see!

Last Agent to Sell the Property

Linda Lee

LAER Realty Partners Listed on: 07/21/2022

LAER Realty Partners

Last Buyer's Agent

Jason Pan

Midtown Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1902 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Propane Fireplace
  • Window Screens

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 10 Car Parking Spaces
  • Common or Shared Parking
  • Stone Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 1 Cooling Zone
  • 5 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $2,400
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Block 00363
  • Assessor Parcel Number 1448310

Community Details

Overview

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

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $359
  • Water Sewer Expense $600
  • Operating Expense $3,597
  • Net Operating Income $25,203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,226

Year Built

Built in 1902 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Property Condition: Unit 4 Remodeled
  • Year Built: 1902
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
  • Interior Amenities: Other (See Remarks), Unit 1(High Speed Internet Hookup), Unit 2(High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 3(High Speed Internet Hookup), Unit 4(Storage,High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen,Mudroom), Unit 4 Rooms(Living Room,Kitchen,Mudroom)
  • Door Features: Storm Door(s)
  • Fireplace Features: Unit 1(Fireplace - Propane Gas), Unit 2(Fireplace - Propane Gas)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 2400
  • Stories Total: 6
  • Window Features: Storm Window(s), Screens
  • MAIN LO: AN1199
  • MAIN SO: NB2858

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Stone/Gravel
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None, Unit 1(None), Unit 2(Individual,Ductless Mini-Split System), Unit 3(None), Unit 4(None)
  • Heating: Individual,Propane,Leased Propane Tank, Unit 1(Propane,Leased Propane Tank), Unit 2(Heat Pump,Electric,Individual,Ductless Mini-Split System), Unit 3(Individual,Propane,Leased Propane Tank), Unit 4(Individual,Propane,Leased Propane Tank)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 600

Lot Info

  • Parcel Number: 1448310
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Gentle Sloping, Level
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2226.14
  • Tax Block: 00363
  • Tax Lot: 00000

Multi Family

  • Electric Expense: 359
  • Net Operating Income: 25203
  • Number Of Units Total: 4
  • Operating Expense: 3597
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $245,000 -15.2% $102 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/19/2022 11/19/22 Price Changed $289,000 0.0% $120 / Sq Ft
11/19/2022 11/19/22 For Sale $289,000 -3.3% $120 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $299,000 -6.3% $125 / Sq Ft
08/18/2022 08/18/22 Price Changed $319,000 -5.9% $133 / Sq Ft
07/21/2022 07/21/22 For Sale $339,000 +103.9% $141 / Sq Ft
11/05/2018 11/05/18 Sold $166,250 -2.1% $69 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $169,900 0.0% $71 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $169,900 -- $71 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73015767

MLS Property Information Network (MLS PIN)