It does. It has overclock controls in the bios I imagine but its not necessarily a good idea with just any CPU and it will probably give a very limited overclock on a lot of more potent CPUs. The CPU you have chosen has six cores. It would probably overclock a 65 watt dual core Athlon II Regor CPU like nobody's business.
The place to start would be to check CPU socket and core temps at stock frequencies and voltages to see if you have any headroom to overclock from a temp standpoint. Download and install two free programs: HWMonitor and Prime95.
Open HWMonitor on the desktop and leave it open while you run the Prime95 stress test "blend" option for 20 minutes. Take note of the max core temps and CPU temps at the end of that time. The CPU temp may be disguised in a group of "TMPINx" temp readouts. The core temp is them most critical one, however, if its sensor is calibrated accurately, that is. Then report back with results.