50 Exchange St, Athol, MA 01331

$699,900
7
BD
7
BA
5,914
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,900
Status
ACTIVE
MLS#
73550203
Year Built
1900
Levels
5
Bedrooms
7
Bathrooms
7
Acres
0.09
Living Area
5,914

Property 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.

Additional Information

Taxes
$4,203
Lot Desc
Level
Lot Size
4,092
Flooring
Vinyl, Carpet, Parquet
Sewer
Public Sewer
Water Source
Public
Exterior Features
Rain Gutters
Garage Spaces
1
Parking Spaces
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: The Fredette Group from Listing Office: Keller Williams Realty-Merrimack.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.