$1,399,900 ($110.52 per sqft)

Est. Mortgage $6,805/mo *

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88 Main, Gardner, MA, 01440

88 Main, Gardner, MA, 01440
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29 rooms

8 beds

8 Full / 5 Half baths

1940

12,667 sqft

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.

Status:

Active

Type:

Multi-family

Units:

13

Zoning:

Comm 1

Basement:

Full

Levels:

4

Acreage:

0.16

Est. Taxes:

$8,664

Assessment

$509,000

View Description:

City View(s)

Elementary School:

Gardner

Middle School:

Gardner

High School:

Gardner

MLS #:

73349442

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Candor Realty Group, Four Points Real Estate, LLC Phone: 888-944-5827