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.
This home has been viewed 20 times
Last Checked: July 20th, 2026 at 6:28am (Source: MLS PIN #73550203)
Gross Income: $16,200
Gross Expenses: $24,379
Net Income Calc: $8,179
Water Views
Annual Expenses for 50 Exchange St, Athol MA 01331
Total Gross Expenses (Calculated)$24,379/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4203
Annual Income & Unit Breakdown for 50 Exchange St, Athol MA 01331
Total Gross Income (Calculated)$16,200
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Levels in Unit1
Rent Includes
General Information for 50 Exchange St, Athol MA 01331
Listing ID73550203
Property TypeMulti Family / 5+ Family
Price699900 ($118.35/SqFt)
Style5-9 Family
CityAthol
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5914
Approximate Lot Size (Acres)0.09
Total Parking7 (1 Garage)
Garage Parking1
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningCA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 50 Exchange St, Athol MA 01331
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 50 Exchange St, Athol MA 01331
Real Estate Taxes4203
Tax Year2026
Assessed Value$331,740
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 50 Exchange St, Athol MA 01331
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 50 Exchange St, Athol MA 01331