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For sale
  • Price cut: $74.9K (8/5)
    $625,000

    50 Exchange St, Athol, MA 01331

    7beds
    5,914sqft
    : 
    $4,073/mo
    Get pre-qualified
    5-9 Family
    Built in 1900
    -- sqft lot
    $606,700 Zestimate®
    $106/sqft
    $-- HOA

    What's special

    Common laundry
    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.
    36 days
    |
    154
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Fredette Group,

    Keller Williams Realty-Merrimack 978-692-3280,

    Neil Fredette 978-302-6377

    Source: MLS PIN,MLS#: 73550203

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      • Full bathrooms: 7
      Appliances
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Vinyl, Carpet, Parquet
      • Basement: Full,Interior Entry,Garage Access,Concrete
      • Has fireplace: No
      Interior area
      • Total structure area: 5,914
      • Total interior livable area: 5,914 sqft
      • Finished area above ground: 5,914

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved Drive, Paved
      • Garage spaces: 1
      • Uncovered spaces: 5
      Features
      • Patio & porch: Patio, Covered
      • Exterior features: Rain Gutters
      Lot
      • Size: 4,092 Square Feet
      • Features: Level
      Details
      • Parcel number: M:0030 B:0261 L:0000,1448230
      • Zoning: CA

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5-9 Family
      Materials
      • Foundation: Stone, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Electric: 100 Amp Service, Individually Metered
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
      Location
      • Region: Athol

      Financial & listing details

      • Price per square foot: $106/sqft
      • Tax assessed value: $331,740
      • Annual tax amount: $4,203
      • Date on market: 7/15/2026
      • Total actual rent: 2150

        Estimated market value

        $606,700

        $576,000 - $637,000

        $2,121/mo

        Price history

        DateEventPrice
        8/5/2026Price change$625,000-10.7%$106/sqft
        Source: MLS PIN #73550203 Report a problem
        7/15/2026Listed for sale$699,900$118/sqft
        Source: MLS PIN #73550203 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,685 +19.9%$368,600 +21%
        2024$3,908 +27.9%$304,600 +40%
        2023$3,055 -12.5%$217,600
        2022$3,492 +0.7%$217,600 +10.9%
        2021$3,467 +2.8%$196,300
        2020$3,372 -1.5%$196,300
        2019$3,425 -9.9%$196,300 +1.1%
        2018$3,800 -4.1%$194,200
        2017$3,962 +9.7%$194,200 +6.6%
        2016$3,613 +4.2%$182,200
        2015$3,467 +30%$182,200 -3.4%
        2011$2,667 +0.8%$188,600 -5.2%
        2010$2,647 +15.9%$199,000
        2009$2,283 +7.9%$199,000 -1.9%
        2008$2,115 +3.3%$202,800
        2007$2,048 +13.4%$202,800 +7.5%
        2006$1,806 -1.7%$188,700
        2005$1,838 -1.1%$188,700 +12.1%
        2004$1,859 -56.5%$168,400 -35.6%
        2003$4,277 +120.7%$261,300 +110.7%
        2001$1,938 +18.6%$124,000 +13.4%
        2000$1,634 -20.4%$109,300 -23.4%
        1997$2,053 $142,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01331

        Getting around

        71 / 100
        Very Walkable
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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