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56 Lumber St, Athol, MA, 01331

2beds
1baths
899sqft
$599,900
$667price/sqft
$4,260/moest. monthly cost
$170,400/yrincome needed

About This Home

Unique investment opportunity featuring a single-family home and a three-family property situated on the same 0.28-acre parcel with a large off-street parking area. The three-family offers 3,216 sq. ft. of living space, while the single-family provides an additional 899 sq. ft. Combined, the property includes 7 bedrooms and 5 bathrooms.The property is well maintained and offers expansion potential in the attic, subject to applicable approvals. There may also be the potential to subdivide the single-family from the three-family with town approval. Buyers are encouraged to perform their own due diligence regarding subdivision and future development possibilities.Suitable for investors or owner-occupants seeking rental income. Conveniently located near downtown amenities, shopping, restaurants, parks, and recreational opportunities along the Millers River, including kayaking, canoeing, and walking trails. Please see MLS #73523353

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

4/10
3/10
Athol High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1911

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Range,Refrigerator
  • Laundry features: In Basement,Electric Dryer Hookup,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Interior Entry,Concrete,Unfinished

Bathroom1

  • Features: Bathroom - Full, Flooring - Laminate

Bedroom2

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Flooring - Wall to Wall Carpet
  • Level: First

Features

  • Flooring: Vinyl,Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 899

Heating & Cooling

  • Heating features: Baseboard,Oil
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 899
  • Total interior livable area: 899 sqft

Kitchen

  • Features: Flooring - Vinyl
  • Level: First

Living Room

  • Features: Flooring - Wall to Wall Carpet
  • Level: First

Master Bathroom

  • Features: No

Master Bedroom

  • Features: Closet, Flooring - Wall to Wall Carpet
  • Level: Second

Property

Accessibility

  • Accessibility features: No

Details

  • Parcel number: M:00023 B:00103 L:00000
  • Zoning: res

Features

  • Patio & porch: Porch
  • Exterior features: Porch

Lot

  • Lot size: 0.28 Acres
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Detached,Off Street,Unpaved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Hurricane
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$249$2,988
Property Taxes $624$7,488
Electricity $354$4,259
Total$4,260$51,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,057/yr
40% on housing$127,800/yr
45% on housing$113,600/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$667This listing

vs Other Active Listings

Avg $/sqft

ZIP 01331$203
Worcester County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 01331$245
Worcester County$281

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-30Price change$599,900
2026-06-03Listed for sale$649,900

For Sale by Agent

AgentMichele Mathieu
BrokerageLAER Realty Partners

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