NOT LISTED FOR SALE

377 Parker St Gardner, MA 01440

6 Beds
6 Baths
2,268 Sq Ft
8,712 Sq Ft Lot

Last Sold October 30, 2023

Last sale price $450,000 $198 Per Sq Ft

14 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit and schools
  • Community Stables
  • Deck
  • Community Pool

About This Home

As of October 2023

Situated in a prime location in Gardner, MA, this 6-family property presents an exceptional investment opportunity. While the provided pictures were taken by the current owner to showcase the units during their vacancy, they are all currently occupied. The current tenants have signed contracts to establish legal and liability responsibilities, although their tenancy is on a month-to-month basis. The property consists of six 1-bedroom, 1 full-bathroom studio apartments, with each floor housing two units. The oil tank is less than 3 years old, and the oil-burning furnace will be replaced prior to closing. Each unit is separately metered along with the common areas. The fire alarm panel is less than 5 years old. In addition, this property offers off-street parking exclusively for its tenants. A 24-hour notice is required for all showings. I look forward to hearing from you!

Last Agent to Sell the Property

April Cover

LAER Realty Partners Listed on: 09/15/2023

LAER Realty Partners

Last Buyer's Agent

Kristine Welch

Greater Metropolitan R. E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,131

Year Built

  • Built in 1900

Lot Details

  • 8,712

Home Design

  • 2,268 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Gardner Element Elementary School
  • Gardner Middle School
  • Gardner High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service

Additional Features

  • Deck
  • 8,712 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,875
  • Rent includes unit 1(heat water hot water other (see remarks)), unit 2(heat water hot water other (see remarks)), unit 3(heat water hot water), unit 4(heat water hot water)
  • Legal Lot and Block 54 / 2
  • Assessor Parcel Number 3534496

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $619
  • Insurance Expense $3,323
  • Operating Expense $12,593
  • Net Operating Income $33,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,131

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Vinyl,Carpet,Laminate, Wall to Wall Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
  • Interior Amenities: Other (See Remarks), Unit 1(Studio,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Unknown), Unit 2(Studio,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Unknown), Unit 3(Studio,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Unknown), Unit 4(Studio,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Unknown), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 4 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: None, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry
  • Living Area: 2268
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN1199
  • MAIN SO: NB1092

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Steam,Oil, Unit 1(Hot Water Baseboard,Oil,Other (See Remarks)), Unit 2(Hot Water Baseboard,Oil,Other (See Remarks)), Unit 3(Hot Water Baseboard,Oil,Other (See Remarks)), Unit 4(Hot Water Baseboard,Oil,Other (See Remarks))
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Oil, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Heat,Water,Hot Water,Other (See Remarks)), Unit 2(Heat,Water,Hot Water,Other (See Remarks)), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3534496
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4131
  • Tax Block: 2
  • Tax Lot: 54

Multi Family

  • Electric Expense: 619
  • Insurance Expense: 3323
  • Net Operating Income: 33907
  • Number Of Units Total: 6
  • Operating Expense: 12593
  • Total Actual Rent: 3875
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Gardner High
  • Elementary School: Gardner Element
  • Middle Or Junior School: Gardner Middle

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
10/30/2023 10/30/23 Sold $450,000 -10.0% $198 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $500,000 -- $220 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $50 $344,900 $67,800 $277,100
2024 $4,146 $276,600 $61,600 $215,000
2023 $4,131 $256,100 $60,700 $195,400
2022 $3,454 $185,800 $46,000 $139,800
2021 $3,152 $157,300 $40,000 $117,300
2020 $3,044 $154,200 $40,000 $114,200
2019 $2,862 $142,100 $40,000 $102,100
2018 $2,516 $124,100 $40,000 $84,100
2017 $2,419 $118,100 $40,000 $78,100
2016 $2,418 $118,100 $40,000 $78,100
2015 $2,749 $137,600 $40,000 $97,600
2014 $3,374 $178,800 $44,400 $134,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73159775

MLS Property Information Network (MLS PIN)