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21 Park St, Athol, MA, 01331

4beds
3baths
2,177sqft
$89,990
$41price/sqft
$1,015/moest. monthly cost
$40,600/yrincome needed

About This Home

PRIME INVESTMENT OPPORTUNITY!!!!CASH ONLY!! Unlock the potential of this multi-family zoned property at 21 Park St—a rare chance for builders, developers, and savvy investors to capitalize on a high-demand rental market. The existing structure has experienced fire damage and is being sold as-is, creating the perfect opportunity for a tear-down or full redevelopment. Positioned near downtown amenities with convenient access to Massachusetts Route 2, this location supports strong future resale or rental income potential. Opportunities like this are limited—bring your vision and maximize the value. Cash or rehab financing only.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

4/10
3/10
Athol High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1850

Materials

  • Foundation: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 2,177

Interior Area

  • Total structure area: 2,177
  • Total interior livable area: 2,177 sqft

Property

Details

  • Parcel number: 1448636
  • Zoning: RA

Lot

  • Lot size: 0.36 Acres

Parking

  • Total spaces: 3
  • Parking features: Paved Drive
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

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

  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Ice Storm

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 $455$5,460
Home Insurance *$37$444
Property Taxes $94$1,128
Electricity $429$5,151
Total$1,015$12,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,800/yr
40% on housing$30,450/yr
45% on housing$27,066/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

$41This listing

vs Other Active Listings

Avg $/sqft

ZIP 01331$211
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
2026-03-27Price change$89,990
2026-03-17Listed for sale$130,000
2007-01-30Sold$187,000
2001-03-23Sold$100,000
2000-01-06Sold$63,000
1993-06-01Sold$45,000
1993-01-25Sold$58,541
1987-08-21Sold$54,000

For Sale by Agent

AgentBiara Figueredo
BrokerageCornerstone Realty Inc

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