
148 Sanders St Athol — Photo 1 of 28
Recent Drop: $5,000
$420,000
Investment Analysis — 148 Sanders St
Athol, MA 01331
Based on rent reported on the MLS listing, a 2-unit multi-family in 01331 carries $3,200/mo in gross rent — about a 6.14% cap rate and $25,788/yr in estimated NOI at the $420,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,300
Style
2 Family - 2 Units Up/Down
Built
1910
NEW $5K PRICE IMPROVEMENT! Book your showing today and take another look at this exceptional opportunity to own a well-maintained and updated two-family home offering income potential, long-term value, and future growth. Each unit features 3 bedrooms and 1 full bath, providing an ideal setup for investors or buyers looking to owner-occupy while generating rental income.Even better... the property can be conveyed with tenant(s) in place OR without! The sellers are happy to help facilitate the transition based on what works best for the buyer. Multiple rental applications have already been received for the second-floor unit at the same rental rate as the previous tenants (see prior lease for details), giving the next owner the flexibility to purchase vacant or have the sellers move forward with securing a tenant prior to conveyance.The first-floor unit showcases a beautiful sunroom, while the second-floor unit features efficient mini-split heating and cooling for year-round comfort. Major improvements include completely updated electrical and plumbing throughout, newer appliances in both units, and both hot water heaters replaced. A spacious yard, detached garage, and large driveway add even more functionality and appeal.Looking ahead, the unfinished third floor offers exciting possible expansion potential for additional living space or future value (buyer’s due diligence).Whether you’re looking to grow your investment portfolio or make homeownership more affordable by owner-occupying while generating rental income, this move-in-ready property offers an incredible combination of updates, flexibility, income potential, and opportunity. Book your showing today!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Conservation Area • Highway Access
Geography
Property History
$420,000
Was $425,000
Sep 14, 2026
MLS® 73544808
$425,000
Jul 6, 2026
MLS® 73544808
Listing Agent: Emma Cook
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73544808