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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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50 Exchange St , Athol, MA 01331
$625,000
Est. Payment: $1,388.89/mo
7 Bed
7 Bath
5914 Sqft
Status: Contingent | Days on site: 63
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G95166 - TM346263
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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.
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Highlights

Listed by The Fredette Group , Keller Williams Realty-Merrimack , 978-692-3280.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1900

County

Worcester

Listing ID

73550203

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:7
  • ▪ Full Bathrooms:7
Floor:Vinyl,Carpet,Parquet
Water:Public

Exterior Features

Lot:Level
Garage Capacity:6
Zoning:CA
Roof:Shingle
Others:
  • ▪ Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Paved,Parking Spaces: 6
Principal Interest
$1,389
Taxes
$350

Home Price

$625,000

Loan Details

30 yrs
%

Down Payment

20%
$125,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,388.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,388.89 $350.25 $0.00 $1,739.14
Yearly $16,666.67 $4,203.00 $0.00 $20,869.67
Total $500,000.00 $126,090.00 $0.00 $626,090.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Athol, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.