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Home Massachusetts Gardner Multi-Family Homes for Sale

8-12 Nichols St. Gardner, MA 01440

8-12 Nichols St., Gardner, MA
36 Days on Boston Pads
Price Reduced $43,000
0 Photos
$585,000
4 Unit
6 Beds
4 Baths
7024 SQFT
0.09 Acre
8-12 Nichols St.
Gardner, MA 01440

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!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Storage
  • Common Appliances: Range, Refrigerator
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 55200
  • Net Operating Income: 55200

Utilities

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

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 3

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1920
  • Type: 4 Family
  • Construction Type: Brick
  • Foundation Info: Poured Concrete, Slab
  • Roof Material: Rubber
  • Flooring Type: Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73217598
  • Last Updated: 05/01/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/01/2024Price Change$585,000$83MLSPIN
04/15/2024Active$589,000$84MLSPIN
04/11/2024Price Change$589,000$84MLSPIN
04/02/2024Active$628,000$89MLSPIN
03/29/2024New$628,000$89MLSPIN
11/19/2022Expired$589,000$84MLSPIN
10/07/2022Active$589,000$84MLSPIN
10/03/2022Price Change$589,000$84MLSPIN
05/22/2022Active$599,900$85MLSPIN
05/18/2022New$599,900$85MLSPIN

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Map & Resources

Seller's Representative: Alexander Osornio, NextGen Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2%
Facilitator Compensation: 1%
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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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 2024-05-01 07:59:00

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