For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $220,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,394 sqft
Price per Sqft $64
MLS Listing ID 72532244
Sold Date 09/06/19
Bedrooms 8
Full Baths 5
Year Built 1900
Annual Tax Amount $3,592
Tax Year 2019
Lot Size 6,969 Sqft
Acres 0.16
Property Description
GROUP SHOWING ON 7/16 HAS BEEN CANCELLED. This investment property is a turnkey, 5 unit building near downtown Gardner. Its Comprised of three 1 bdrm apartments, one 2 bdrm apartment, and one 3 bdrm. With an average monthly rent of $725.00 this property has a stable tenant base with some long term tenants and is a solid investment. This building has seen capital improvements and costs saving measures including newer vinyl siding, upgrading windows to a vinyl replacement, tied into natural gas, some unit renovations, some insulation, and more. While room for adding additional income exists, this property is a perfect investment for someone looking for a stable building that produces a solid return. With a gross income of almost $44,0000 and low operating expenses, this is sure to turn a profit for any investor.
Location
State MA
County Worcester
Zoning R3
Direction GPS will get you there!!!
Rooms
Basement Full, Interior Entry, Concrete
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas), Unit 4(Hot Water Baseboard, Gas)
Flooring Wood, Vinyl, Varies Per Unit, Laminate
Appliance Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Range
Exterior
Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
Utilities Available for Electric Range
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with The Legacy Star Group • Keller Williams Realty-Merrimack