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Value-Add Multifamily Building

50 Exchange St Athol, MA 01331

New
50 Exchange St, Athol, MA, 01331
$699,900
For Sale
Claim this Listing
$699,900

MULTI_FAMILY - Athol, MA

Property Size5,914 SF
Lot Size0.09 Acres
Price / SF$118.35
AddedJul 15
Days on Market2
Last RefreshJul 16 at 2:06 am

Property Features for 50 Exchange St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
CA
Bedrooms
7
Bathrooms
7
Rooms
Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 5, Bathroom 6, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 7
Parking
6
Standard status
Active
APN
M:0030 B:0261 L:0000,1448230
Size
5,914 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
4203

Building Details

Year built
1900
Floors in Building
5
Number of units
6

Listing agent Claire Ryan

Listing office Keller Williams Realty-Merrimack 3 Lan Drive, Suite 300, Westford, MA

Listing date Jul 15, 2026

MLS# 73550203 Listing URL

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This multifamily property offers 6 one-bedroom, one-bath apartments and a completed seventh unit. Three units are currently occupied, and the remaining units are vacant, allowing a new owner to complete renovations or lease up as desired. The property includes a common laundry area and an in-unit washer and dryer in the first-floor apartment. Each unit is separately metered for electricity, while the owner pays heat and hot water. A newly installed fire monitoring system is in place, and the building also includes a 1-car garage and carport.

The property is located at 50 Exchange St in Athol, Massachusetts, in Worcester County. It is described as being in the downtown area, with convenient local access.

As presented, the building has a value-add component related to second means of egress for compliance for the seventh unit. The additional unit is ready to add income once the egress item is addressed.

Key Highlights

  • 6/7‑unit multifamily in downtown Athol, built in 1900
  • Six 1‑bed, 1‑bath apartments plus a completed 7th unit; second means of egress needed for compliance
  • Three units currently occupied; remaining units are vacant

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Hair Salon Law Firm Nail Salon Restaurant Spa & Massage Center Big Box & Wholesale Store Electrical Service HVAC Service Parking Lot & Garage Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Six 1-bedroom units plus a completed seventh unit, with separate electric meters and shared laundry facilities.
Where is this apartment building located?
The property is located at 50 Exchange St Athol, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 6/7‑unit multifamily in downtown Athol, built in 1900; Six 1‑bed, 1‑bath apartments plus a completed 7th unit; second means of egress needed for compliance; Three units currently occupied; remaining units are vacant
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