$625,000
 $3,355 est/mo Sourced by Back At You

50 Exchange St,Athol, MA 01331

Athol, MA 01331

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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.

Details

MLS #73550203
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1900
Days On Site74
Listing Provided ByKeller Williams Realty-Merrimack | The Fredette Group

Features

Bed(s)7
Bath(s) 7 Total
SQ Feet5,914
Garage1
BasementY
Story(s)5
Units6
ZoningCA
Acreage0.09
Golf CourseYes

Interior

Rooms Total22
Fireplaces Total0
Fireplace Yes / NoNo
FlooringVinyl, Carpet, Parquet

Exterior

Exterior FeaturesRain Gutters
RoofShingle
Foundation DetailsStone, Brick/Mortar
Lot FeaturesLevel

Parking

Garage Yes / NoYes
Parking FeaturesPaved Drive, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
SewerPublic Sewer
Electric100 Amp Service, Individually Metered

Taxes

Tax Annual Amount4203
Tax Assessed Value331740
Tax Block261
Tax Lot0
Tax Year2026
Tax Map Number30

Location

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

Area Information

StateMA
CountyWorcester
CityAthol
Zip Code01331
AreaWorcester
Listing VS Median (in 01331)
Price:
$625,000
low | high
Med:
$379,500
89.28% of Average
sqft:
5,914
low | high
Med:
1,248
100% of Average
$ / sqft:
$106
low | high
Med:
$304
100% of Average
On site:
74
low | high
Med:
73
100% of Average
Sourced by Back At You

Market Activity 01331

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Learn More About This Property

StateMA
CountyWorcester
CityAthol
Zip Code01331
AreaWorcester
Listing VS Median (in 01331)
Price:
$625,000
low | high
Med:
$379,500
89.28% of Average
sqft:
5,914
low | high
Med:
1,248
100% of Average
$ / sqft:
$106
low | high
Med:
$304
100% of Average
On site:
74
low | high
Med:
73
100% of Average
Sourced by Back At You
Listing Updated: September 22, 2026 at 2:29:14 PM PDT