5+ Family - 5+ Units Up/Down at 159 Park St, Athol MA 01331
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$1,250,000

159 Park St, Athol MA 01331
Athol, MA 01331
Listed by Michael Videtta
Bedrooms
16
Bathrooms
11
Living area
7,211 sqft
Year built
1880

About this home

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

Property details

MLS
MLS Property Information Network
MLS #
73565928
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
63
On market date
August 19, 2026
Stories
2
Total bathrooms
11
Garage spaces
6
Parking spaces
21
Lot size
0.26 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Athol Community Elementary School
1.1 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
585
Student:teacher ratio
13.0:1
District
Athol-Royalston
Middle
Athol-Royalston Middle School
1.28 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
13.3:1
District
Athol-Royalston
High
Athol High
0.9 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
371
Student:teacher ratio
13.7:1
District
Athol-Royalston

Walkability

Blended score for Athol's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

36
Car-dependent
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Athol, from live MLS data.

On the market 63 days -- 49 fewer days than Athol's current average of 112 days.
For reference, the median list price across 113 active listings in Athol right now is $339,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,678/mo
$250,000 down
$1,000,000 loan
Principal & interest$6,486
Property tax (est.)$1,042
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 24, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.