$450,000
Active274 Pleasant St
Gardner, MA, 01440
Multi-Family · MLS #73510901
Price/sqft
$115
Days on market
New today
Year built
1900
Lot size
0.24 ac
3,914 sq ft
Sq Ft
0.24 acres
Lot
1900
Year Built
Taxes: $5,160 (2026)
About this home
This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expensestenants are responsible for their own heat and electricitythis property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
Property details
- Road type
- Public, Paved, Publicly Maint.
- Basement
- Full, Walk Out, Concrete Floor, Unfinished Basement
- Electric
- Individually Metered, 400 Amps
Listed by Michelle Peterson · Elm Grove Realty, LLC
Schedule a showing
274 Pleasant St
Estimated payment
$2,893 / month
Loan term
- Principal & interest
- $2,275
- Property tax
- $430
- Home insurance
- $188
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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