NOT LISTED FOR SALE

53 Nichols St Gardner, MA 01440

7 Beds
4 Baths
3,960 Sq Ft
5,663 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $425,000 $107 Per Sq Ft

6 Days on Market

Highlights

  • Property is near public transit
  • Enclosed Patio or Porch
  • Shops
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Pulaski Playground & Dog Park

About This Home

As of September 2021

Well maintained and cared for 4 unit property within walking distance to downtown Gardner. Large open and bright apartments. Three of the units have 2 large bedrooms with walk in closets. Could easily convert to 3 bedrooms. Many updates during current ownership including appliances, furnaces, water heaters. House has vinyl siding, replacement windows and newer rubber roof (approximately 8 years ago). Enclosed front and rear porches / entrances making for low maintenance during winter months. Plenty of off street parking behind house. Tenants pay own gas heat/hot water and electric. Hardwired egress lighting and smokes and all units have lead certification. Excellent rental history and good tenants. Third floor is currently vacant and undergone renovation. Second floor tenant to move to third floor, property to convey with second floor empty. FIRST SHOWINGS MONDAY 8/9 FROM 4-6 AT OPEN HOUSE

Last Agent to Sell the Property

Adam Brodeur

Foster-Healey Real Estate Listed on: 08/05/2021

Last Buyer's Agent

Ryan F Cormier Cormier

Prospective Realty INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,369

Year Built

  • Built in 1900

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,960 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

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

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • 220 Volts
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • 5,663 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $2,200
  • Rent includes unit 1(none), unit 2(none), unit 3(none), unit 4(none)
  • Assessor Parcel Number M:M22 B:9 L:7,3535631

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $360
  • Insurance Expense $3,025
  • Water Sewer Expense $1,700
  • Operating Expense $8,585
  • Net Operating Income $19,135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,369

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator,Washer,Dryer), Unit 4(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Oven
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Unit 1 Laundry Room
  • Living Area: 3960
  • Stories Total: 10
  • Window Features: Insulated Windows
  • MAIN LO: H10900
  • LIST PRICE PER Sq Ft: 94.67
  • PRICE PER Sq Ft: 107.32
  • MAIN SO: AN2243

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Gas,Individual,Unit Control), Unit 2(Gas,Individual,Unit Control), Unit 3(Gas,Individual,Unit Control), Unit 4(Gas,Individual,Unit Control)
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1700

Lot Info

  • Parcel Number: M:M22 B:9 L:7,3535631
  • Zoning: 1110
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5795
  • PAGE: 34

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4369
  • Tax Book Number: 57525

Multi Family

  • Electric Expense: 360
  • Gross Income: 40800
  • Insurance Expense: 3025
  • Net Operating Income: 19135
  • Number Of Units Total: 4
  • Operating Expense: 8585
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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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
09/16/2021 09/16/21 Sold $425,000 +13.4% $107 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $374,900 -- $95 / 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: 72876905

MLS Property Information Network (MLS PIN)

APN: GARD M:M22 B:9 L:7