NOT LISTED FOR SALE

16-18 Oriole St Gardner, MA 01440

10 Beds
7 Baths
7,617 Sq Ft
8,177 Sq Ft Lot

Last Sold December 17, 2024

Last sale price $930,000 $122 Per Sq Ft

33 Days on Market

About This Home

As of December 2024

Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one “house” circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.

Last Agent to Sell the Property

Joe Cali

Cali Realty Group, Inc. Listed on: 08/27/2024

Last Buyer's Agent

Aaron Steeves

Zoom Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,242

Year Built

  • Built in 1900

Lot Details

  • 8,177 Sq Ft Lot

Home Design

  • 7,617 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Parking

  • 14 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Total Actual Rent $9,700
  • Assessor Parcel Number 3535666

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Electric Expense $720
  • Water Sewer Expense $3,332
  • Operating Expense $4,052
  • Net Operating Income $81,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,242

Year Built

Built in 1900

Lot Details

8,177 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Partially Finished
  • Living Area: 7617
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3993
  • MAIN SO: AN5419

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Propane Gas

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3332

Lot Info

  • Parcel Number: 3535666
  • Zoning: Ukn
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8177
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8242

Multi Family

  • Electric Expense: 720
  • Net Operating Income: 81600
  • Number Of Units Total: 7
  • Operating Expense: 4052
  • Total Actual Rent: 9700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $930,000 -7.0% $122 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/29/2024 09/29/24 For Sale $1,000,000 0.0% $131 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $1,000,000 -- $131 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73282244

MLS Property Information Network (MLS PIN)
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