NOT LISTED FOR SALE
7 Beds
5 Baths
4,110 Sq Ft
6,725 Sq Ft Lot

Sale Details

Date Sold: September 26, 2024

Last sale price $513,000 $125 Per Sq Ft

48 Days on Market

About This Home

As of September 2024

Fully occupied and brimming with potential, this 5-unit property nestled in the heart of Gardner presents an unparalleled investment opportunity. With four 1 bed, 1 bath units and one 3 bed, 1 bath unit, there's versatility to cater to various tenant preferences. Additionally, two units offer the exciting possibility of conversion into spacious 2 bed units, amplifying rental income potential. Separate electrical utilities. Situated in the highly sought-after city of Gardner, this property is a rare find in a coveted location with steady rental demand. Explore flexible financing options with potential seller financing. This is your exclusive opportunity to unlock the full potential of this investment gem. Seller financing may be available. The seller may also be open to selling as a package deal with 59 Church Street, Leominster, MA. Showings every Saturday, 11-12 by appointment only. All parties to be accompanied by a Buying Agent.

Last Agent to Sell the Property

The Merrill Group

Naples Realty Group Listed on: 03/26/2024

Naples Realty Group

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,965

Year Built

  • Built in 1900

Lot Details

  • 6,725

Home Design

  • Stone Foundation

Interior Spaces

  • 4,110 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Open Parking

Schools

  • Per Dese Elementary And Middle School
  • Per Dese High School

Additional Features

  • 6,725 Sq Ft Lot
  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $4,745
  • Assessor Parcel Number 3536220

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Operating Expense $25,258
  • Net Operating Income $28,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,965

Year Built

Built in 1900

Lot Details

6,725 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full
  • Living Area: 4110
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6415
  • MAIN SO: AN5498

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 3536220
  • Zoning: Per Town
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6725
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4965

Multi Family

  • Net Operating Income: 28322
  • Number Of Units Total: 5
  • Operating Expense: 25258
  • Total Actual Rent: 4745
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Per Dese
  • Elementary School: Per Dese
  • Middle Or Junior School: Per Dese

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gardner, MA

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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
09/26/2024 09/26/24 Sold $513,000 0.0% $125 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $513,000 0.0% $125 / Sq Ft
04/02/2024 04/02/24 Off Market $513,000 -- --
03/26/2024 03/26/24 For Sale $513,000 +68.2% $125 / Sq Ft
07/13/2021 07/13/21 Sold $305,000 -10.0% $74 / Sq Ft View Prior Sale
12/04/2020 12/04/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $339,000 -2.9% $82 / Sq Ft
07/31/2020 07/31/20 For Sale $349,000 -- $85 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216591

MLS Property Information Network (MLS PIN)
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