BUYER'S FINANCING FELL THROUGH. YOUR GAIN! 1ST AND 3RD FLOORS ARE VACANT! Large 3-unit property offers nice cash flow potential. New electrical service and hot water tanks done by current owner. Unit 1 offers 4 BRs and 1.5 baths, 2 rooms are electric heat, remaining room...
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Last Checked: October 7th, 2024 at 4:29pm (Source: MLS PIN #73210277)
Gross Income: $42,600
Gross Expenses: $15,482
Net Income Calc: $27,118
CAP Rate: 7.75%
Annual Expenses for 194 Cottage St, Athol MA 01331
Total Gross Expenses (Calculated)$15,482/year
APOD AvailableYes
Heating
Electricity$1,207
Water$1,609
Gas$1,609
Insurance$3,053
Sewer$1,609
Trash Removal$1,755
Repair & Maintenance$3,511
Management
Miscellaneous$515
Real Estate Tax$3,832
Annual Income & Unit Breakdown for 194 Cottage St, Athol MA 01331
Total Gross Income (Calculated)$42,600
Unit 1
Rental Income$1,500
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,050
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,000
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 194 Cottage St, Athol MA 01331
Listing ID73210277
Property TypeMulti Family / 3 Family
Price$349,900 ($81.83/SqFt)
Style3 Family
CityAthol
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total4,276 SqFt
Approximate Lot Size (Acres)0.25 acres
Total Parking9 (3 Garage)
Garage Parking3 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping, Level, Cleared
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 194 Cottage St, Athol MA 01331
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$14,119
Total Gross Income By Broker$40,233
Total Net Income By Broker$26,115
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 194 Cottage St, Athol MA 01331
Real Estate Taxes$3,832
Tax Year2024
Assessed Value$298,700
Financial Data SourceOwner
Total Gross Expenses By Broker$14,119
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$40,233
BostonRealEstate.com Gross Income
Total Net Income By Broker$26,115
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.75%
Location Information for 194 Cottage St, Athol MA 01331
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Medical Facility, Public Transportation
Contact Information for 194 Cottage St, Athol MA 01331