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    282 School St Athol, MA 01331

    For Sale
    $445,000

    Updated three-unit property with long-term tenants and separate utilities.

    Lot size:
    0.19 Acres

    Property Features for 282 School St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1885

    Source: Property Investors & Advisors, LLC Agent Charles Parrilla

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Three-Family Property

    This three-family property has been almost entirely renovated. It presents a potential opportunity for owner occupancy, with two long-term tenants providing mortgage support. All three units feature new kitchen cabinets and counters, complemented by tile floors. The property includes ample off-street parking located behind the building. Each unit is equipped with separate boilers, oil tanks, electric panels, and washer/dryer hookups. Unit 1 offers one or two bedrooms, a private covered porch, a large bathroom, ample storage, and a patio. Unit 2 features two or three bedrooms, one full bath, and a finished walk-up attic area for additional living space. Unit 3 includes two or three bedrooms, one and a half baths, and a private covered front porch.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Athol
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.2242174
    Latitude
    42.5937122

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    FAQs

    What type of property is this?
    Triplex - Updated three-unit property with long-term tenants and separate utilities.
    Where is this triplex located?
    The property is located at 282 School St Athol, MA.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: - Possible owner-occupied property with two long-term tenants to help pay the mortgage.; - Each unit has separate utilities (boilers, oil tanks, electric panels) and washer/dryer hookups.; - New kitchen cabinets and counters with tile floors in all three units.
    (508) 714-9112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    282 School St Athol, MA 01331
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