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    New Two-Unit Residential Property Title is generated by Realmo AI

    45 Chestnut St, Athol, MA 01331

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    Claim this Listing
    New
    For Sale
    $474,900

    MULTI_FAMILY - Athol, MA

    Property size:
    2,346 SF
    Lot size:
    0.32 Acres
    Price / SF:
    $202/SF
    Added:
    Jun 22, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 23 at 3:06 am

    Property Features for 45 Chestnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RA
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2
    Parking
    7
    Standard status
    Active
    APN
    M:0025 B:0162 L:0000,4731453
    Size
    2,346 SF
    Lot size
    0.32 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    4628

    Building Details

    Year built
    2020
    Floors in Building
    3
    Number of units
    2

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    Listing Contact
    Rochelle Jonswold

    Listing agent Rochelle Jonswold

    Listing office Keller Williams Realty North Central 670 Mechanic Street, MA

    Listing date Jun 22, 2026

    MLS# 73539889 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Newer 2‑unit property built in 2020 in a quiet Athol neighborhood
    • 5 bedrooms and 3.5 bathrooms total, offering multiple living options
    • Main unit includes updated kitchen with stainless steel appliances, slider to back deck, open‑concept layout, dining and spacious living area
    • Main unit has first‑floor laundry and a large primary suite with walk‑in closet and private bath
    • Lower‑level apartment features stainless steel appliances, recessed lighting, in‑unit laundry, and newer laminate flooring
    • Includes a 1‑car garage

    Overview

    Built in 2020, this newer two-unit residential property offers flexible living arrangements in a single structure. The home totals 5 bedrooms and 3.5 bathrooms and includes a 1-car garage. The main unit features an updated kitchen with stainless steel appliances, an open-concept layout flowing into the dining area, a spacious living room, and convenient first-floor laundry. It also includes a large primary suite with a walk-in closet and private bath, plus a slider providing access to a back deck. The lower-level apartment is separately appointed with a modern kitchen including stainless steel appliances, recessed lighting, in-unit laundry, and newer laminate flooring, along with a functional layout designed for everyday comfort.

    Located on Chestnut Street in Athol within an RA zoning setting, the property is positioned in a quiet neighborhood.

    This configuration may suit an owner-occupant seeking rental help while maintaining private space, as well as investors looking for a straightforward two-unit setup. With in-unit laundry in the lower apartment and first-floor laundry in the main unit, day-to-day convenience is built into both living areas, supporting a range of tenancy and household needs.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $46.5k $19.80
    − Vacancy −$1.1k −$0.49
    EGI $45.3k $19.31
    − OpEx −$13.6k −$5.79
    NOI $31.7k $13.52
    2,346 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $453.0K
    $396.4K – $528.5K (±1% cap)
    NOI $31,712 @ 7.0% cap · market cap 6.68%
    Second Best
    Apartment 5plus
    $394.3K
    $345.0K – $460.0K (±1% cap)
    NOI $27,598 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Office A
    $801.1K
    $701.0K – $934.7K (±1% cap)
    NOI $56,079 @ 7.0% cap · market cap 11.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Athol
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.236232
    Latitude
    42.584926

    FAQs

    What type of property is this?
    Duplex - A newer 2020 duplex with two units, five bedrooms, and separate in-unit laundry for flexible owner-occupant or rental use.
    Where is this duplex located?
    The property is located at 45 Chestnut St Athol, MA.
    What is the asking price?
    The asking price for this property is $474,900.
    What are key features of this property?
    This property features: Newer 2‑unit property built in 2020 in a quiet Athol neighborhood; 5 bedrooms and 3.5 bathrooms total, offering multiple living options; Main unit includes updated kitchen with stainless steel appliances, slider to back deck, open‑concept layout, dining and spacious living area
    More about this property
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