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.
- Basement:
- Full, Garage Access, Interior Entry, Concrete
- Parking:
- Paved, Paved Drive
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Vinyl, Parquet, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Sellers have next home under agreement and desire Sept. 21st closing date. All measurements buyers due diligence.
- Electric Feature:
- Individually Metered, 100 Amp Service
- Garage Parking:
- Yes
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Market Time:
- 4
- Parking Spaces:
- 6
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $118
- Zoning:
- CA
- No Units:
- 6
- Orig Price:
- $699,900
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Athol
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01331
- Longitude:
- W73° 46' 6.9''
- Latitude:
- N42° 35' 34.7''
Residential Income
50 Exchange St, Athol, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $699,900
- Bedrooms :
- 7
- Rooms :
- 22
- Total Bathrooms :
- 7
- Full Bathrooms :
- 7
- Square Footage :
- 5,914 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.09 Acre
- Listing ID :
- 73550203
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
