Value-Add Multifamily
For Sale
$625,000
50 Exchange St, Athol, MA 01331
Six 1-bedroom units with a seventh unit ready to be completed, plus garage, carport, and laundry.
Property Size5,914 SF
Price / SF$105.68
Days on Market53
Property Features for 50 Exchange St
General Information
Standard status
Active
Size
5,914 SF
Property subtype
5-9 Family
Occupancy
43%
Additional Details
Multifamily Units
7
Building Details
Year Built
1900
Listing Agency:
Keller Williams Realty-Merrimack
(978) 692-3280
Listed By:
The Fredette Group · License #8214994
(843) 865-2618
Source:
Lockandkeyre
Added: Jul 15
Changed: Sep 4
Last Checked: Sep 4 at 5:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Merrimack
Investment Insights
Based on property information with market context.
This value-add multifamily property contains six 1-bedroom, 1-bath apartments, with a completed seventh unit ready to be brought into service after a second means of egress is installed for compliance. Three units are currently occupied and the remaining units are vacant. The building also includes a 1-car garage, a carport, and common laundry, along with in-unit washer and dryer in the first-floor apartment.
The apartments are separately metered for electricity, while the owner pays heat and hot water. A newly installed fire monitoring system is included.
The mix of occupied and vacant units provides flexibility to complete renovations or updates and to lease available units following completion work as needed.
The apartments are separately metered for electricity, while the owner pays heat and hot water. A newly installed fire monitoring system is included.
The mix of occupied and vacant units provides flexibility to complete renovations or updates and to lease available units following completion work as needed.
Key Highlights
- 6/7‑unit multifamily in Athol with six 1 bed, 1 bath apartments plus a 7th unit ready to complete
- Three units are currently occupied and the remaining units are vacant
- Each unit is separately metered for electricity; owner pays heat and hot water
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
42.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
Business Placement
Demographics for 01331, MA
13,656
Population
6,050
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
54.2 sq mi
ZIP Area
252
Density / Sq Mi
$68,345
Median Household Income
$42,132
Median Earnings
$1,041
Median Rent
$257,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six 1-bedroom units with a seventh unit ready to be completed, plus garage, carport, and laundry.
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 $625,000.
What are key features of this property?
This property features: 6/7‑unit multifamily in Athol with six 1 bed, 1 bath apartments plus a 7th unit ready to complete; Three units are currently occupied and the remaining units are vacant; Each unit is separately metered for electricity; owner pays heat and hot water
