CCertihomes
245 Silver Lake St, Athol, MA 01331

$249,900

0 beds 0 baths 15,354 sqft Built 1920Active

About this home

Enticing opportunity for builders and investors—a charming old school ripe for conversion into 12 brand new condos or other options like apartments. Zoned RB, so Special Permit would be required, buyers encouraged to do due diligence. Located in Athol, not far from the North Quabbin Commons shopping area and many recreational venues, this property boasts electric, town water and town sewer connections, and ample parking spread across approximately 1.3 acres. The seller is eager to make a deal, making it an even more appealing prospect. For further details on this promising property, interested parties are encouraged to reach out promptly.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$3,418/mo

Real estate (PITI + HOA + PMI)
$2,784
Principal + interest$1,611
Property tax + insurance$1,079
PMI / 2nd mortgage$94
Utilities
$1,045
Heating + cooling$363
Internet + TV + phone$153
Water + sewer + garbage$58
Transportation
$104
Car insurance + maintenance$104
Other (entertainment)
$153
$3,418/mo TLC
Budget$5,000/mo
Remaining after TLC$1,582/mo
Purchase price
$249,900
Down payment
$12,495 (5%)
Loan amount
$237,405
APR
7.2%

Quick facts

Type
COM
Style
Year built
1920
Lot size
1.32 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$2,467
MLS #
73216346
County
Worcester

Home features

Roof
Rubber

Neighborhood — 01331

MetricThis ZIPCountyUSA
Population16,4666,444,931299,088,112
Population Change Since19908.00%7.00%20.00%
Population Density267786
Male8,0673,127,134147,432,321
Female8,3993,317,797151,655,844
Never Married3,1161,612,88563,775,926
Married7,0642,586,314123,120,365
Separated551247,85712,639,686
Widowed1,163363,59415,467,586
Divorced1,484436,88823,075,029
Number Of House Hold6,3732,431,591111,826,380
Average House Hold Size2.532.562.60
Medial Age39.2537.2535.46
Median House Hold Income$39,296$57,698$48,276
Average House Hold Income$47,165$75,023$63,629
P C I$18,709$29,196$24,529
M D I$34,373$48,105$41,133
A T H E$42,039$57,083$50,898
S T R5.00%5.00%
W C J80.41%81.38%77.74%
(Zip) Code
1331

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 3/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.