C
Seller's Agent in 2025
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
367 Total Sales
19 Franklin Ct Gardner, MA 01440
Gardner Area
6
Beds
6
Baths
4,338
Sq Ft
5,227
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Balcony
- Property is near public transit and schools
- Jogging Path
- Porch
About This Home
As of October 2025OFFER DEADLINE TUESDAY 7/22 at 12PM. Investors, check out this spectacular 6-family investment opportunity! Currently producing an 8% cap rate with the potential to reach 9.5% at market rents, this well-maintained property generates over $95,000 in annual income. Spanning more than 4,000 square feet, it features six well-sized 1-bedroom units, each offering a dine-in kitchen, living room, pantry, and bedroom. A coin-operated washer and dryer in the building adds convenience and additional income potential. Conveniently located just seconds from downtown Gardner and a short drive to Route 2, this property offers strong cash flow, value-add upside, and easy access to amenities and commuter routes. Recent appraisal came in significantly higher than the list price, making this a rare opportunity to acquire instant equity. A perfect addition to any investment portfolio!
Last Agent to Sell the Property
Four Points Real Estate, LLC Listed on: 07/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,682
Year Built
- Built in 1900
Lot Details
- 5,227
Home Design
- Block Foundation
- Stone Foundation
- Rubber Roof
Interior Spaces
- 4,338 Sq Ft Home
- Living Room
- Unfinished Basement
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- 7 Car Parking Spaces
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Porch
Schools
- Gardner Element Elementary School
- Gardner Middle School
- Gardner High School
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Oil
Additional Features
- 5,227 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $7,975
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
- Legal Lot and Block 63 / 24
- Assessor Parcel Number 3535683
Community Details
Overview
- 6 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $1,076
- Insurance Expense $4,500
- Water Sewer Expense $3,572
- Operating Expense $40,793
- Net Operating Income $54,907
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Candor Realty Group
Four Points Real Estate, LLC
Buyer's Agent
Terry Lupien
Morin Real Estate
List Price
$689,000
Sold Price
$705,000
Premium/Discount to List
$16,000
2.32%
Views
12
Purchase Details
Closed on
Aug 12, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,800,000
Interest Rate
0.057%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
0.0389%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 23, 2020
Closed on
Sep 11, 2020
Sold by
Bought by
Seller's Agent
Michele Mathieu
LAER Realty Partners
Buyer's Agent
Michele Mathieu
LAER Realty Partners
List Price
$425,000
Sold Price
$425,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
0.029%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 17, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 1991
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $705,000 | -- | ||
| $2,800,000 | None Available | ||
| $624,000 | None Available | ||
| $425,000 | None Available | ||
| $355,000 | -- | ||
| -- | -- | ||
| $115,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $4,800,000 | ||
| Previous Owner | $468,000 | ||
| Closed | $340,000 | ||
| Closed | $90,000 | ||
| Previous Owner | $82,000 | ||
| Previous Owner | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2025 10/07/25 | Sold | $705,000 | +2.3% | $163 / Sq Ft | |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- | |
| 07/15/2025 07/15/25 | For Sale | $689,000 | +62.1% | $159 / Sq Ft | |
| 09/11/2020 09/11/20 | Sold | $425,000 | 0.0% | $102 / Sq Ft | View Prior Sale |
| 08/04/2020 08/04/20 | Pending | -- | -- | -- | |
| 07/23/2020 07/23/20 | For Sale | $425,000 | -- | $102 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,682 | $465,300 | $65,600 | $399,700 |
| 2024 | $5,876 | $392,000 | $59,700 | $332,300 |
| 2023 | $5,821 | $360,900 | $58,800 | $302,100 |
| 2022 | $5,263 | $283,100 | $44,500 | $238,600 |
| 2021 | $4,705 | $234,800 | $38,700 | $196,100 |
| 2020 | $4,534 | $229,700 | $38,700 | $191,000 |
| 2019 | $4,221 | $209,600 | $38,700 | $170,900 |
| 2018 | $3,638 | $179,500 | $38,700 | $140,800 |
| 2017 | $3,469 | $169,400 | $38,700 | $130,700 |
| 2016 | $3,468 | $169,400 | $38,700 | $130,700 |
| 2015 | $4,038 | $202,100 | $38,700 | $163,400 |
| 2014 | $4,497 | $238,300 | $43,000 | $195,300 |
Source: Public Records
Agents Affiliated with this Home
-
Candor Realty Group
-
Steve Bui
Seller Co-Listing Agent in 2025
Steve Bui
eXp Realty LLC
(508) 868-6821
26 Total Sales
-
Terry Lupien
T
Buyer's Agent in 2025
Terry Lupien
Morin Real Estate
(508) 735-9246
58 Total Sales
-
Michele Mathieu
Seller's Agent in 2020
Michele Mathieu
Laer Realty
(978) 534-3100
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73404655
APN: GARD M:M27 B:24 L:63
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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