About this home
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.
Listing last checked: Listing updated:
Listed by The Fredette Group · Keller Williams Realty-Merrimack · MLS #73550203
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Details at a glance
Interior3 property facts
- Rooms
- 22
- Flooring
- Vinyl, Carpet, Parquet
- Basement
- Yes · Full, Interior Entry, Garage Access, Concrete
Building6 property facts
- Style
- 5-9 Family
- Year built
- 1900
- Garage
- 1
- Parking
- 6
- Foundation
- Stone, Brick/Mortar
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- CA
Financial2 property facts
- Annual taxes
- $4,203
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $625,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,511 / monthAdjust
- Principal & interest
- $3,160
- Property tax
- $350
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,203. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $697,497
Estimated range $560,910–$834,084.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 50 Exchange St
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