Seller Financing
Address
199 Main St., Gardner, MA
Price
$ 513,000
Property Attributes
  • MLS#73216591
  • TypeMulti-Family
  • CountyWORCESTER
  • CityGardner
  • Zip01440
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1900
  • Taxes$ 4965
  • Price$ 513,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4110
  • Lot Size6,534 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Fully occupied and brimming with potential, this 5-unit property nestled in the heart of Gardner presents an unparalleled investment opportunity. With four 1 bed, 1 bath units and one 3 bed, 1 bath unit, there's versatility to cater to various tenant preferences. Additionally, two units offer the exciting possibility of conversion into spacious 2 bed units, amplifying rental income potential. Separate electrical utilities. Situated in the highly sought-after city of Gardner, this property is a rare find in a coveted location with steady rental demand. Explore flexible financing options with potential seller financing. This is your exclusive opportunity to unlock the full potential of this investment gem. Seller financing may be available. The seller may also be open to selling as a package deal with 59 Church Street, Leominster, MA. Showings every Saturday, 11-12 by appointment only. All parties to be accompanied by a Buying Agent.

Elementary School Middle School High School
Per Dese Elementary School Per Dese Middle School Per Dese High School
Price History
3/26/2024 Listed $513,000

General Features

Sewer Public Sewer
Heating Oil
Appliances Range,Refrigerator
Zoning Per Town
Year Built 1900
Property SubType 5+ Family - 5+ Units Up/Down
Tax Year 2024
Gross Income 52560
County Worcester
Net Operating Income 28322
Operating Expense 25258
Property Type Residential Income
Garage Y/N No
Total Rooms 22
Status Active
Directions Route 2 to Main St.
High School Per Dese
City Gardner
Disclosures The seller has never lived in the property. Buyer to do their own due diligence regarding all information and use.
Senior Community Y/N No
Total Units 5
Lot Size Square Feet 6725
Waterfront Y/N No
Street Name Main St.
Elementary School Per Dese
Year Built Details Unknown/Mixed
Tax Annual Amount 4965
Home Warranty Y/N No
Middle/Junior High School Per Dese
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 331200
Total Actual Rent 4745
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full
Total Stories 9
Heating Y/N Yes
Fireplace Y/N No
Full Baths 5
Total Bedrooms 7
Total Baths 5

Exterior Features

Parking Features Paved Drive,Shared Driveway
Lot Features Easements
Water Source Public
Total Parking 6
Lot Size Area 0.15
Foundation Details Stone
Spa No
Building Area Total 4110
Lot Size Acres 0.15
Lot Size Units Acres
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01440

Price
AVG $500K
$510K
Taxes
AVG $4,826
$4,965
Visits
AVG 103
113
Data Provided by Inside Real Estate®
Year Built
AVG 1905
1900

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