Skip to content

Location filter
  • Any
  • Boston
  • Boston - Allston
  • Boston - Back Bay
  • Boston - Bay Village
  • Boston - Beacon Hill
  • Boston - Brighton
  • Boston - Charlestown
  • Boston - Chinatown
  • Boston - Dorchester
  • Boston - Downtown
  • Boston - East Boston
  • Boston - Fenway/Kenmore
  • Boston - Fort Hill
  • Boston - Fort Point
  • Boston - Hyde Park
  • Boston - Jamaica Plain
  • Boston - Longwood Medical Area
  • Boston - Mattapan
  • Boston - Mission Hill
  • Boston - North End
  • Boston - Northeastern/Symphony
  • Boston - Roslindale
  • Boston - Roxbury
  • Boston - Seaport/Waterfront
  • Boston - South Boston
  • Boston - South End
  • Boston - Theater District
  • Boston - West End
  • Boston - West Roxbury
  • Abington
  • Andover
  • Arlington
  • Belmont
  • Beverly
  • Billerica
  • Braintree
  • Bridgewater
  • Brookline
  • Burlington
  • Cambridge
  • Canton
  • Chelsea
  • Chestnut Hill
  • Danvers
  • Dedham
  • Everett
  • Framingham
  • Gloucester
  • Hingham
  • Lawrence
  • Lexington
  • Lowell
  • Lynn
  • Lynnfield
  • Malden
  • Marlborough
  • Medford
  • Melrose
  • Methuen
  • Milton
  • Natick
  • Needham
  • Newton
  • North Reading
  • Norwood
  • Peabody
  • Pembroke
  • Plymouth
  • Quincy
  • Randolph
  • Reading
  • Revere
  • Salem
  • Saugus
  • Sharon
  • Somerville
  • Stoneham
  • Stoughton
  • Sudbury
  • Swampscott
  • Taunton
  • Wakefield
  • Waltham
  • Watertown
  • Wayland
  • Wellesley
  • Westwood
  • Weymouth
  • Wilmington
  • Winthrop
  • Woburn
  • Babson College
  • Berklee College of Music
  • Bentley University
  • Boston College
  • Boston University
  • Brandeis University
  • Emerson College
  • Emmanuel College
  • Harvard University
  • Hult International Business School
  • MassArt
  • MCPHS University
  • MIT
  • Northeastern University
  • Simmons University
  • Suffolk University
  • Tufts University
  • UMASS Boston
  • Wentworth Institute of Technology
You are here:
Home Massachusetts Gardner Multi-Family Homes for Sale

199 Main St. Gardner, MA 01440

43 Days on Boston Pads
17 Photos
$513,000
5 Unit
7 Beds
5 Baths
4110 SQFT
0.15 Acre
199 Main St.
Gardner, MA 01440

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.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 9
  • Total Bedrooms: 7
  • Total Full Baths: 5
  • Basement Features: Full
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 52560
  • Gross Expenses: 25258
  • Net Operating Income: 28322

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73216591
  • Last Updated: 04/13/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/07/2024Active$513,000$125MLSPIN
04/03/2024Back on Market$513,000$125MLSPIN
04/02/2024Temporarily Withdrawn$513,000$125MLSPIN
03/30/2024Active$513,000$125MLSPIN
03/26/2024New$513,000$125MLSPIN

Mortgage Calculator

View Breakdown

Map & Resources

Seller's Representative: The Merrill Group, Naples Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-04-13 12:43:00