50 Exchange St, Athol, MA, 01331
22 rooms
7 beds
7 Full baths
1900
5,914 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
6
Zoning:
CA
Garage:
1-car
Basement:
Full, Interior Entry, Garage Access, Concrete
Levels:
5
Parking:
6-car, Paved Drive, Paved
Acreage:
0.09
Est. Taxes:
$4,203
Assessment
$331,740
Utilities
for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Lot Description:
Level
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
MLS #:
73550203
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of The Fredette Group, Keller Williams Realty-Merrimack 978-692-3280