NOT LISTED FOR SALE

19 Franklin Ct Gardner, MA 01440

6 Beds
6 Baths
4,338 Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date Sold: October 7, 2025

Last sale price $705,000 $163 Per Sq Ft

8 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Balcony
  • Property is near public transit and schools
  • Jogging Path
  • Porch

About This Home

As of October 2025

OFFER 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

Candor Realty Group

Four Points Real Estate, LLC Listed on: 07/15/2025

Co-Listed By

Steve Bui

eXp Realty

Last Buyer's Agent

Terry Lupien

Morin Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,682

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Laundry Room, Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 4338
  • Living Area: 4338
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN5498
  • MAIN SO: H24001

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Common, Paved
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Hot Water: Oil, Electric, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station
  • Rent Includes: Unit 1(Heat,Hot Water), Unit 2(Heat,Hot Water), Unit 3(Heat,Hot Water), Unit 4(Heat,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3572

Lot Info

  • Parcel Number: 3535683
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6682
  • Tax Block: 24
  • Tax Lot: 63

Multi Family

  • Electric Expense: 1076
  • Insurance Expense: 4500
  • Net Operating Income: 54907
  • Number Of Units Total: 6
  • Operating Expense: 40793
  • Total Actual Rent: 7975
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Gardner High
  • Elementary School: Gardner Element
  • Middle Or Junior School: Gardner Middle
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73404655

MLS Property Information Network (MLS PIN)

APN: GARD M:M27 B:24 L:63

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