50 Exchange St, Athol, MA 01331
50 Exchange St, Athol, MA 01331
50 Exchange St, Athol, MA 01331
50 Exchange St, Athol, MA 01331
50 Exchange St, Athol, MA 01331
50 Exchange St, Athol, MA 01331
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$ 699,900
Est. payment | /mo

7 Beds

7 Baths

5,914 SqFt


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$ 699,900
Est. payment | /mo
Save

7 Beds

7 Baths

5,914 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,914 sqft

Price per Sqft $118

MLS Listing ID 73550203

Bedrooms 7

Full Baths 7

Year Built 1900

Annual Tax Amount $4,203

Tax Year 2026

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type 5-9 Family

Property Description

Outstanding value add investment opportunity in the heart of Athol! This 6/7 unit multifamily features 6 spacious 1 bed 1bath apartments with a completed 7th unit ready to add additional income once a second means of egress is installed to become compliant. Three units are currently occupied, while the remaining units are vacant, offering the next owner the flexibility to complete renovations, make light cosmetic updates or lease quickly at current market rents for immediate cash flow. The property includes a 1-car garage, carport, common laundry & an in unit washer & dryer in the first-floor apartment. Each unit is separately metered for electricity, while the owner pays heat & hot water. A newly installed fire monitoring system provides added peace of mind. Whether you're looking to reposition the property for maximum value or stabilize it with strong rental income, this property offers significant upside & long-term investment potential in a convenient downtown location.

Location

State MA

County Worcester

Zoning CA

Direction Rt 2 to 2A/Templeton Rd to Main St to Exchange St

Rooms

Basement Full, Interior Entry, Garage Access, Concrete

Interior

Flooring Vinyl, Carpet, Parquet

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School

Utilities Available for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

Roof Type Shingle

Total Parking Spaces 7

Garage Yes

Building

Lot Description Level

Story 5

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Keller Williams Realty-Merrimack

Schools and Properties Nearby

Learn More About LPT Realty

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50 Exchange St