Address
8-12 Nichols St., Gardner, MA
Price
$ 589,000
Property Attributes
- MLS#73217598
- TypeMulti-Family
- CountyWORCESTER
- CityGardner
- Zip01440
- Style4 Family
- Year Built1920
- Taxes$ 8745
- Price$ 589,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage7024
- Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Exceptional investment opportunity! This 4 unit plus commercial space multi-family is located 2 short blocks from Gardner Center. Excellent location. Across from the shell gas station. All four units have separate meters for gas and electric. This property has an unused first floor with 3,000 square feet. First floor has major potential for commercial space or additional units. Big add value for any investor or owner occupant. All 4 units are fully rented. Monthly income is $4,500. Current rents are under market and have room to meet market pricing. New Rubber roof was installed Jan, 2024. Heaters and hot water boilers have been replaced in the past 5 years. Don't miss this great opportunity!
| Price History | |
|---|---|
| 3/29/2024 | Listed $628,000 |
| 4/11/2024 | 7% - $589,000 |
General Features
| Interior Features | Ceiling Fan(s),Storage,Bathroom With Tub & Shower,Open Floorplan,Living Room,Kitchen,Living RM/Dining RM Combo |
|---|---|
| Sewer | Public Sewer |
| Heating | Baseboard |
| Roof | Rubber |
| Appliances | Range,Refrigerator |
| Zoning | Com1 |
| Construction Materials | Brick |
| Year Built | 1920 |
| Property SubType | 4 Family |
| Tax Year | 2024 |
| Gross Income | 55200 |
| County | Worcester |
| Net Operating Income | 55200 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water) |
| Total Rooms | 15 |
| Status | Active |
| Directions | Rte. 2 Gardner Center. Left on Parker St. Left on Nichols St. 2 Block from downtown area. |
| City | Gardner |
| Senior Community Y/N | No |
| Total Units | 4 |
| Lot Size Square Feet | 3712 |
| Waterfront Y/N | No |
| Street Name | Nichols St. |
| Year Built Details | Approximate |
| Tax Annual Amount | 8745 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Owner |
| Tax Assessed Value | 583400 |
| Total Actual Rent | 4500 |
| Compensation Based On | Gross/Full Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Flooring | Carpet |
|---|---|
| Total Stories | 10 |
| Heating Y/N | Yes |
| Window Features | Picture Window |
| Fireplace Y/N | No |
| Full Baths | 4 |
| Total Bedrooms | 6 |
| Total Baths | 4 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 4 |
| Lot Size Area | 0.09 |
| Foundation Details | Concrete Perimeter,Slab |
| Spa | No |
| Building Area Total | 7024 |
| Lot Size Acres | 0.09 |
| Lot Size Units | Acres |
| Road Frontage Type | Public |
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
Taxes
Visits
Year Built
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