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MA Properties

[email protected] +1(844) 962-7767

$ 689,000

Est. payment -/mo

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Open Sat 11AM-12:30PM

19 Franklin Ct Gardner, MA 01440

6 Beds

6 Baths

4,338 SqFt

OPEN HOUSE

Sat Jul 19, 11:00am - 12:30pm

Sun Jul 20, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,338 sqft

Price per Sqft $158

MLS Listing ID 73404655

Bedrooms 6

Full Baths 6

Year Built 1900

Annual Tax Amount $6,682

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type 5-9 Family

Property Description

Investors, check out this spectacular 6-family investment opportunity! Currently producing an 8% cap rate with the potential to reach 9.5% at market rents, this well-maintained property generates over $95,000 in annual income. Spanning more than 4,000 square feet, it features six well-sized 1-bedroom units, each offering a dine-in kitchen, living room, pantry, and bedroom. A coin-operated washer and dryer in the building adds convenience and additional income potential. Conveniently located just seconds from downtown Gardner and a short drive to Route 2, this property offers strong cash flow, value-add upside, and easy access to amenities and commuter routes. Recent appraisal came in significantly higher than the list price, making this a rare opportunity to acquire instant equity. A perfect addition to any investment portfolio! Open houses Sat 7/19 & Sun 7/20 from 11AM-12:30PM.

Location

State MA

County Worcester

Zoning R1

Direction Please use GPS.

Rooms

Basement Unfinished

Interior

Interior Features Laundry Room, Living Room, Kitchen

Heating Oil

Cooling Window Unit(s)

Flooring Vinyl, Hardwood

Exterior

Exterior Feature Balcony

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station

Utilities Available for Electric Range

Roof Type Rubber

Total Parking Spaces 7

Garage No

Building

Story 5

Foundation Block, Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Gardner Element

Middle Schools Gardner Middle

High Schools Gardner High

Others

Senior Community false

Listed by Four Points Real Estate, LLC

MA Properties

Agent | License ID: TM305053

+1(844) 962-7767

MA Properties

19 Franklin Ct Gardner, MA 01440

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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