51 Richmond St Gardner, MA 01440
7
Beds
3
Baths
3,185
Sq Ft
3,147
Sq Ft Lot
Highlights
- Medical Services
- Corner Lot
- 5-minute walk to Park Stree Park
- Property is near public transit
- 2 Car Garage
About This Home
As of August 2024Money-making 3 family in Gardner. With almost 3,200 SqFt, this 2/2/3 Bedroom multi-family grosses over $52,000/year, with potential to go up to $61,000 at current market rates. Fully leased. This corner lot property Includes a 2 car garage. Convenient location close to shopping, schools, services. Potential portfolio purchase with up to 4 multifamily properties.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,469
Year Built
- Built in 1900
Lot Details
- 3,147 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- 3,185 Sq Ft Home
- Triplex
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Utilities
- 3 Heating Zones
Listing and Financial Details
- Total Actual Rent $4,400
- Assessor Parcel Number 3536344
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
Building Details
- Electric Expense $300
- Water Sewer Expense $1,800
- Operating Expense $2,100
- Net Operating Income $52,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 27, 2021
Sold by
Bogey Realty Partners Llc
Bought by
M & T Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,750
Interest Rate
3%
Mortgage Type
Construction
Purchase Details
Listed on
Apr 14, 2015
Closed on
Aug 11, 2015
Sold by
Fnma
Bought by
Bogey Realty Partners
Seller's Agent
Donna Brooks
Boss Realty Group
Buyer's Agent
Deneen Maillet
Lamacchia Realty, Inc.
List Price
$89,900
Sold Price
$71,750
Premium/Discount to List
-$18,150
-20.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.45%
Purchase Details
Listed on
Apr 14, 2015
Closed on
Jun 18, 2015
Sold by
Colon Thomas and Green Tree Servicing L
Bought by
Fnma
Seller's Agent
Donna Brooks
Boss Realty Group
Buyer's Agent
Deneen Maillet
Lamacchia Realty, Inc.
List Price
$89,900
Sold Price
$71,750
Premium/Discount to List
-$18,150
-20.19%
Purchase Details
Closed on
Jan 27, 2006
Sold by
Therriault Mark M
Bought by
Perez Luisa V and Colon Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 2000
Sold by
Cosimini John and Owen Jerald J
Bought by
Therriault Mark
Similar Homes in Gardner, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $620,000 | None Available | |
| Not Resolvable | $71,750 | -- | |
| Foreclosure Deed | $337,939 | -- | |
| Foreclosure Deed | $337,939 | -- | |
| Deed | $247,500 | -- | |
| Deed | $247,500 | -- | |
| Deed | $95,000 | -- | |
| Deed | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $432,250 | Purchase Money Mortgage | |
| Closed | $432,250 | Purchase Money Mortgage | |
| Open | $1,050,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $789,750 | Construction | |
| Previous Owner | $108,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $216,000 | No Value Available | |
| Previous Owner | $35,500 | No Value Available | |
| Previous Owner | $198,000 | Purchase Money Mortgage | |
| Previous Owner | $49,500 | No Value Available | |
| Previous Owner | $116,450 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | For Rent | $1,650 | 0.0% | -- |
| 08/22/2024 08/22/24 | Sold | $455,000 | -6.2% | $143 / Sq Ft |
| 07/04/2024 07/04/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | For Sale | $485,000 | +576.0% | $152 / Sq Ft |
| 08/11/2015 08/11/15 | Sold | $71,750 | -20.2% | $23 / Sq Ft |
| 07/12/2015 07/12/15 | Pending | -- | -- | -- |
| 04/14/2015 04/14/15 | For Sale | $89,900 | -- | $28 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $55 | $385,700 | $62,800 | $322,900 |
| 2024 | $4,469 | $298,100 | $57,100 | $241,000 |
| 2023 | $4,347 | $269,500 | $56,200 | $213,300 |
| 2022 | $3,811 | $205,000 | $42,600 | $162,400 |
| 2021 | $3,515 | $175,400 | $37,000 | $138,400 |
| 2020 | $3,133 | $158,700 | $37,000 | $121,700 |
| 2019 | $3,011 | $149,500 | $37,000 | $112,500 |
| 2018 | $2,805 | $138,400 | $37,000 | $101,400 |
| 2017 | $2,759 | $134,700 | $37,000 | $97,700 |
| 2016 | $2,757 | $134,700 | $37,000 | $97,700 |
| 2015 | $3,283 | $164,300 | $37,000 | $127,300 |
| 2014 | $3,108 | $164,700 | $41,100 | $123,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Joe Cali
Cali Realty Group, Inc.
(508) 259-7311
9 in this area
151 Total Sales
-
C
Buyer's Agent in 2024
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
27 in this area
361 Total Sales
-
D
Seller's Agent in 2015
Donna Brooks
Boss Realty Group
-
D
Buyer's Agent in 2015
Deneen Maillet
Lamacchia Realty, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73254032
APN: GARD-000027M-000025-000042
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