5-9 Family at 50 Exchange St, Athol MA 01331
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42 photos

$625,000

50 Exchange St, Athol MA 01331
Athol, MA 01331
Listed by The Fredette Group
Bedrooms
7
Bathrooms
7
Living area
5,914 sqft
Year built
1900

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.

Property details

MLS
MLS Property Information Network
MLS #
73550203
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
98
On market date
July 15, 2026
Stories
5
Total bathrooms
7
Garage spaces
1
Parking spaces
6
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Athol Community Elementary School
1.56 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
585
Student:teacher ratio
13.0:1
District
Athol-Royalston
Middle
Athol-Royalston Middle School
1.72 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
439
Student:teacher ratio
13.3:1
District
Athol-Royalston
High
Athol High
1.55 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
371
Student:teacher ratio
13.7:1
District
Athol-Royalston

Walkability

Blended score for Athol's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

88
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable

Market position

How this listing compares to current activity in Athol, from live MLS data.

On the market 98 days -- 14 fewer days than Athol's current average of 112 days.
For reference, the median list price across 113 active listings in Athol right now is $339,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,914/mo
$125,000 down
$500,000 loan
Principal & interest$3,243
Property tax (est.)$521
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.