40 Williams Ave Athol — Photo 1 of 4
$242,900
Investment Analysis — 40 Williams Ave
Athol, MA 01331
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-bedroom in 01331 carries an estimated $1,500/mo in gross rent — about a 4.29% cap rate and $10,417/yr in estimated NOI at the $242,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,254
Style
Single Family
Built
1920
Very cozy 2 bedroom, 1.5 bath bungalow close to the center of town but on a quiet dead end street with a fenced in yard and a one car garage. Recently updated kitchen. Buderus boiler with panel radiators, walk up attic and very usable space in the unfinished basement. Priced for a quick sale. Will not qualify for some financing due to condition of roof.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 627 sq ft (the lesser of 900 sq ft or half the 1,254 sq ft principal dwelling). Lot size: 6,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl FirstKitchen
Lvl FirstPrimary Bedroom
Lvl FirstBedroom 2
Lvl FirstBathroom 1
Lvl FirstBathroom 2
Lvl BasementListing Agent: Lori Kaltner
Listing Office: Godin Real Estate
MLS® Number: 73581362
