Sold
50 Regan St, Gardner, MA
Gardner · MA 01440
- $375,000
- Price
- 9
- Beds
- 3
- Baths
- 2340
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
3 Units
Lot size:
3,920 Sq.Ft Lot
Price per square foot:
$147 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
Great for the owner occupied or investor. This investment property is a turnkey 3 unit building near downtown Gardner. Its Comprised of three, three bedroom apartments, and has the potential of bringing in market monthly rents of $3600. This property has a stable tenant base with long term tenants. The building has seen a large number of capital improvements over the years and costs saving measures including, vinyl siding, upgraded windows to vinyl replacement, electrical upgrades, egress updates, and much more. While room for additional income exists, a gross income of $35,000.00 with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is 7.7% with a potential of 10% with rent increases. 3rd floor apartment will be left vacant for the potential of owner occupancy.
Neighborhood & Transit
50 Regan 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:
- 1467 days
- Listing Price:
- $345,000
- Price per Sq.Ft:
- $147
- Tax Assessment:
- $174,700 in 2022
- Taxes:
- $271 / Monthly
Home Facts
Interior Features
- Bedrooms
- 9
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,340 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 3,920 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 #
- 72964363
- Disclosure
- Gross income has been figured with Apt #3 receiving an estimated market rent of $1200.00 per month. Seller measured the living area and came up with approx. 3000 sq ft. Buyer to do due diligence in determining exact property size. Town record's state 2340 sq ft.