
159 Park St Athol — Photo 1 of 20
Beds
16
Baths
11
SqFt
7,211
Style
5+ Family - 5+ Units Up/Down
Built
1880
Rare opportunity to acquire an 11-unit multifamily investment property consisting of two separate buildings—a 5-unit and a 6-unit—on a single parcel. The property offers a strong combination of existing rental income, multiple income streams, and long-term investment potential. Tenants are responsible for their own heat, hot water, and electricity, helping to minimize owner-paid utility expenses. Additional features include coin-operated laundry, full basements in both buildings, and a detached six-bay garage, providing additional income and storage potential. The property features a diverse unit mix consisting of [6] one-bedroom units and [5]two-bedroom units.Current gross monthly rental income is approximately $11,925, or $143,100 annually, with additional potential income available through the garages and laundry
Market Value Analysis
* Analysis is based on 15 actively listed and recently sold comparable properties strictly within Athol, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Population
13,922
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$72K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
25.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Michael Videtta
Listing Office: The Hive Real Estate LLC
MLS® Number: 73565928
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