Active
59 Days on market
50 Exchange St Athol — Photo 1 of 42

50 Exchange St Athol — Photo 1 of 42

Recent Drop: $74,900

$699,900
$625,000

$625,000

Investment Analysis — 50 Exchange St

Athol, MA 01331

Based on rent reported on the MLS listing, a 6-unit multi-family in 01331 carries $2,150/mo in gross rent — about a 2.46% cap rate and $15,405/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

7

SqFt

5,914

Style

5-9 Family

Built

1900

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.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$699,900
Annual Taxes$4,203

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms22
FireplacesNone
FlooringVinyl, Carpet, Parquet
BasementFull, Interior Entry, Garage Access, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Brick/Mortar
ZoningCA

Property & Lot

Acres0.09
SqFt Lot4,092
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Property History

Price Drop
$625,000

Was $699,900

Aug 5, 2026

MLS® 73550203

Listed
$699,900

Jul 15, 2026

MLS® 73550203

Listing Provided By

Listing Agent: The Fredette Group

Listing Office: Keller Williams Realty-Merrimack

MLS® Number: 73550203