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50 Exchange St, Athol MA 01331

Athol, MA 01331
$699,900
Est. $4,089/month
7
Beds
7
Baths
5,914
Sq Ft
$118
Price/Sq Ft
0.09
Acres
1900
Year Built
1
Garage Space
13 hours 11 minutes
Time on Market
Active Listed Jul 15, 2026 • MLS# 73550203 Copied! • Updated Jul 15, 2026

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 15, 2026
$699,900
Original listing
Agent: The Fredette Group Office: Keller Williams Realty-Merrimack

Tax History

Year Taxes Assessment
2026 $4,203 $331,740

Financial Details

Annual Property Tax
$4,203
Tax Year 2026
Assessed Value
$331,740

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 5,914 sq ft
Lot Size 0.09 acres
Bedrooms 7
Full Baths 7
Total Rooms 22

Investment Metrics

Units 6
Unit 1 Rent — · N
Unit 2 Rent $750/mo · N
Unit 3 Rent $600/mo · N
Unit 4 Rent — · N
Total Monthly Rent $1,350/mo
Gross Income $25,800
Net Operating Income $8,132
Operating Expenses $17,668
Water/Sewer Expense $2,670
Insurance Expense $8,000
Cap Rate 1.16%
Heating None
Cooling None
Flooring Vinyl, Carpet, Parquet
Appliances None
Fireplace None
Basement Full, Interior Entry, Garage Access, Concrete
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Patio, Covered
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Paved
Total Spaces 6
Electric 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $4,203
Assessed Value $331,740
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Estate Sale
Possession None
Accepted Financing None
Structure Type []
House Color White/Tan
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
7
Living Area
5,914 sq ft
Total Rooms
22
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Carpet, Parquet
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Garage Access, Concrete
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 5

Heating, Cooling & Utilities

Heating:
Heating Zones: 7
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Patio, Covered
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive, Paved

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $350
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

50 Exchange St, Athol MA 01331

Athol, MA 01331

Listing Information

Listing Agent The Fredette Group
Listing Office Keller Williams Realty-Merrimack
Office Phone 978-692-3280
Agent MLS ID TM346263
Office MLS ID G95166
Listing Data Updated Jul 15, 2026 2:02 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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