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314 Sanders St

15 Unit Block of Flats £591,750 (£39,450/Unit) Athol, MA 01331

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Investment Highlights

Market Rate Housing Possible Development

Redevelopment Possibilities

Executive Summary

Unlock the potential of the Sanders Street School, a historic property set on a generous 9.62-acre lot in Athol. This former schoolhouse awaits its next chapter, complete with approved plans to convert the building into 15 charming condo apartments. While some work is needed, the town has greenlit the redevelopment, and the property features a large parking area at the rear. Plus, the expansive grounds, opening doors to additional possibilities. Whether you pursue the current vision or bring your own creative ideas, Sanders Street School presents a unique investment opportunity with substantial promise. Don’t miss your chance to transform this classic site into a modern treasure. No Disclosures.

Property Facts

Price	£591,750	Building Class	C
Price Per Unit	£39,450	Lot Size	9.62 AC
Sale Type	Investment	Building Size	15,567 SF
Sale Conditions	Development Sale	Average Occupancy	100%
No. Units	15	Number of Floors	2
Property Type	Residential	Year Built	1919
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£591,750
Price Per Unit	£39,450
Sale Type	Investment
Sale Conditions	Development Sale
No. Units	15
Property Type	Residential
Property Subtype	Apartment
Building Class	C
Lot Size	9.62 AC
Building Size	15,567 SF
Average Occupancy	100%
Number of Floors	2
Year Built	1919
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.