About 64 Prospect St
Fully occupied 3-family property with nice cash flow; all tenants current on rent. New propane heat/HW system installed in early 2024 should yield significant savings in fuel consumption. Lots of new PVC. Updated panels. Bottom line...the heavy lifting has been done. Two of the units could use some cosmetic updates and hold potential to be 3BR units, which would bring higher rent. Two units own their own W/D; there's room in the basement for coin-ops if new owner preferred. Large lot, 2-car garage.
Features of 64 Prospect St
| MLS® # | 73209941 |
|---|---|
| Price | $349,900 |
| Units | 3 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,727 |
| Acres | 0.25 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 64 Prospect St |
|---|---|
| City | Athol |
| County | Worcester |
| State | MA |
| Zip Code | 01331-2315 |
Amenities
| Utilities | for Electric Range, Washer Hookup, Varies per Unit |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street, Driveway |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 6 |
Additional Information
| Zoning | Res |
|---|---|
| Gross Income | $41,850 |
| Net Operating Income | $26,316 |
| Operating Expense | $15,534 |
| Insurance Expense | $2,643 |
| Total Actual Rent | $3,600 |
| Rent Includes | Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water) |
Listing Details
| Agent | Lynn Brooks |
|---|---|
| Office | Godin Real Estate |