54 Franklin St Athol — Photo 1 of 38
$265,000
Investment Analysis — 54 Franklin St
Athol, MA 01331 — South Athol
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-unit multi-family in 01331 carries an estimated $3,000/mo in gross rent — about a 9.11% cap rate and $24,135/yr in estimated NOI at the $265,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,732
Style
Multi Family
Built
1917
Located on a quiet dead-end street close to area amenities, this two-family home offers a fantastic opportunity for owner-occupants or investors alike. The 6 year old roof provides peace of mind and a 3 year old oil tank adds further value, while the Buderus boiler and hot water tank (15 years old) still have plenty of life left. Both units are prime candidates for full kitchen & bath renovations - the perfect chance to build instant equity and bring your own design vision to life. Whether you are looking to live in one unit and rent the other, or add a solid two-family to your portfolio, the bones are here and the upside is real. Outside, enjoy a 2-car garage with a 10 year old roof, offering parking or extra storage, plus a partially fenced in yard. Bring your contractor and your imagination - this one is priced to reflect the work ahead and the value waiting on the other side. This property is being sold As-Is. Offer deadline Sun 9/6 12pm
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat
Geography
Listing Agent: Hometown Team
Listing Office: LAER Realty Partners
MLS® Number: 73570026