MA > Gardner
Gardner, MA 01440,88 Main
Gardner, MA 01440,88 Main
Gardner, MA 01440,88 Main
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David Greco

David Greco

+1(978) 327-1076
$1,299,000
Est. payment /mo
8 Beds
10.5 Baths
12,667 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 12,667 sqft

Price per Sqft $102

MLS Listing ID 73349442

Bedrooms 8

Full Baths 8

Half Baths 5

Year Built 1940

Annual Tax Amount $8,664

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

This well-maintained 13-unit building offers a strategic mix of five commercial units and eight residential units, including a total of six-one bedrooms, one studio unit, and one two-bedroom unit. The property has been thoughtfully upgraded, including a conversion from oil to natural gas with a central heating system, reducing maintenance costs and ensuring more efficient operation with just one heating unit to manage. Several residential units have been modernized, enhancing their appeal to tenants. The building also benefits from a fully sprinklered system, ensuring safety and peace of mind for all occupants.With impressive financials, the property generates substantial gross rental income and operates with a net operating income of over $100,000. The ease of maintenance, coupled with its attractive income potential, makes this a solid investment opportunity.

Location

State MA

County Worcester

Zoning Comm 1

Direction GPS

Rooms

Basement Full

Exterior

View Y/N Yes

View City View(s)

Roof Type Rubber

Garage No

Building

Story 4

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

Schools

Elementary Schools Gardner

Middle Schools Gardner

High Schools Gardner

Others

Senior Community false

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Listed by Four Points Real Estate, LLC

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agent

David Greco

+1(978) 327-1076

General Manager and Agent MA and NH | License ID: MA 9569405 NH 077530

General Manager and Agent MA and NH License ID: MA 9569405 NH 077530

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