Off Market
88 Main St, Gardner, MA
Gardner · MA 01440
- $1,275,000
- Price
- 8
- Beds
- 10.5
- Baths
- 12667
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1940
Units:
13 Units
Lot size:
6,840 Sq.Ft Lot
Price per square foot:
$101 / Sq.Ft
Parking:
No Parking
About this home
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.
Neighborhood & Transit
88 Main 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:
- 512 days
- Listing Price:
- $1,275,000
- Price per Sq.Ft:
- $101
- Tax Assessment:
- $509,000 in 2024
- Taxes:
- $722 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 8
- Half Bathrooms
- 5
- Living Area
- 12,667 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12667
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Fuses, Circuit Breakers, 400 Amps
Exterior Features
- Lot Size
- 6,840 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- 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 #
- 73349442
- Disclosure
- Large Oil Tank in Basement No longer used. Buyers and Buyers Agent to do it's Own Due Diligence. The Seller makes no representations or warranties regarding the accuracy of the multifamily property listing, and shall not be liable for any discrepancies. Sellers hold MA RE License.