Off Market
274 Pleasant St, Gardner, MA
Gardner · MA 01440
- $450,000
- Price
- 6
- Beds
- 3
- Baths
- 3914
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
0.24 Acre Lot
Price per square foot:
$115 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
Neighborhood & Transit
274 Pleasant St, 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:
- 187 days
- Listing Price:
- $450,000
- Price per Sq.Ft:
- $115
- Tax Assessment:
- $359,300 in 2026
- Taxes:
- $430 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,914 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3914
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered, 400 Amps
Exterior Features
- Lot Size
- 10,454 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 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
- Michelle Peterson
- Listing office
- Elm Grove Realty, LLC
- MLS PIN #
- 73510901
- Disclosure
- 3rd unit has condemnation order from the BOH. See attachments for the minor repairs needed in order to receive occupancy certificate. 1st and 2nd apartments also have repairs needed required by BOH, no occupancy permit. Being sold as is. Subject to 3rd party approval