Sold

19 Franklin Ct, Gardner, MA

Gardner · MA 01440

$705,000
Price
6
Beds
6
Baths
4338
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 6 Units
Lot size: 5,227 Sq.Ft Lot
Price per square foot: $159 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

OFFER DEADLINE TUESDAY 7/22 at 12PM. Investors, check out this spectacular 6-family investment opportunity! Currently producing an 8% cap rate with the potential to reach 9.5% at market rents, this well-maintained property generates over $95,000 in annual income. Spanning more than 4,000 square feet, it features six well-sized 1-bedroom units, each offering a dine-in kitchen, living room, pantry, and bedroom. A coin-operated washer and dryer in the building adds convenience and additional income potential. Conveniently located just seconds from downtown Gardner and a short drive to Route 2, this property offers strong cash flow, value-add upside, and easy access to amenities and commuter routes. Recent appraisal came in significantly higher than the list price, making this a rare opportunity to acquire instant equity. A perfect addition to any investment portfolio!

Neighborhood & Transit

19 Franklin Ct, Gardner · MA 01440

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
471 days
Listing Price:
$689,000
Price per Sq.Ft:
$159
Tax Assessment:
$465,300 in 2025
Taxes:
$557 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
6
Half Bathrooms
0
Living Area
4,338 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4338
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
5,227 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Candor Realty Group
Listing office
Four Points Real Estate, LLC
MLS PIN #
73404655
Disclosure
Information is deemed reliable but not guaranteed. Buyer/buyer's agent to conduct own due diligence. Listing agency has vested interest. Tenant has audio/video recording devices on premises.