$500,100
SOLD MAY 23, 2025

197 Nichols St Gardner, MA 01440

7 Beds
3 Baths
3,274 Sq Ft
6,599 Sq Ft Lot

Recently Sold

$153 Per Sq Ft

1% Below List Price

12 Days on Market

About This Home

As of May 2025

Welcome to this well-maintained triplex, perfect for an owner-occupant ready to start their house hacking journey. The third-floor unit will be delivered vacant, offering a fantastic opportunity to move in while generating income from the other two units. 2020 NEW Gas Boiler, Roof has been done within the last 14 years. 2021 - Lead Certified. The property features off-street parking and a recently redone driveway, ensuring convenience and curb appeal. A walk-out basement for easy and convenient storage. Coin-operated laundry area for tenant use to help pay for water/sewer bills. Make use of a dedicated owner’s workshop space with additional storage space. With solid upkeep throughout, this is a turnkey investment or personal residence with income potential. Showings being at the open house

Last Agent to Sell the Property

Stefan Nakollari

Property Investors & Advisors, LLC Listed on: 04/14/2025

Last Buyer's Agent

Dave Haschig

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,747

Year Built

  • Built in 1900

Lot Details

  • 6,599 Sq Ft Lot

Home Design

  • 3,274 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Shared Driveway
  • Open Parking

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $4,100
  • Assessor Parcel Number 3535510

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Operating Expense $4,890
  • Net Operating Income $44,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,747

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 3274
  • Living Area: 3274
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6259
  • LIST PRICE PER Sq Ft: 154.25
  • PRICE PER Sq Ft: 152.75
  • MAIN SO: M59500

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3535510
  • Zoning: Multi
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6599
  • Lot Size Units: Acres
  • PAGE: 129

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5747
  • Tax Book Number: 16129

Multi Family

  • Gross Income: 49200
  • Net Operating Income: 44310
  • Number Of Units Total: 3
  • Operating Expense: 4890
  • Total Actual Rent: 4100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
05/23/2025 05/23/25 Sold $500,100 -1.0% $153 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $504,999 -- $154 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73359237

MLS Property Information Network (MLS PIN)

APN: GARD M:N-22 B:0026 L:0066