88 Main
Gardner, MA 01440
- 8 beds
- 13 baths
- 12,667 sqft
- 6,840 sqft lot
- $110 per sqft
- 1940 build
- – on site
This well-maintained 13-unit building offers a strategic mix of five commercial units and eight residential units, including a total of six-one bedrooms, one studio unit, and one two-bedroom unit. The property has been thoughtfully upgraded, including a conversion from oil to natural gas with a central heating system, reducing maintenance costs and ensuring more efficient operation with just one heating unit to manage. Several residential units have been modernized, enhancing their appeal to tenants. The building also benefits from a fully sprinklered system, ensuring safety and peace of mind for all occupants.With impressive financials, the property generates substantial gross rental income and operates with a net operating income of over $100,000. The ease of maintenance, coupled with its attractive income potential, makes this a solid investment opportunity.
Last checked:
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Last updated Mar 28, 2025
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MLS# 73349442 —
The Building
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Year Built:1940
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Year Built Details:Actual
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Year Built Source:Public Records
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Roof:Rubber
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Basement:Full
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Foundation Details:Block
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Levels:4
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Stories Total:4
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Stories:4
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# of Units Total:13
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Building Area Total:12667
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:29
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Fireplace:false
Room Dimensions
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Living Area:12667
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Living Area Source:Public Record
Location
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Directions:GPS
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Latitude:42.574342
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Longitude:-71.994525
The Property
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Parcel Number:3536250
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Property Type:Residential Income
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Property Subtype:5+ Family - 5+ Units Up/Down
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Lot Size Units:Acres
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Lot Size Area:0.16
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Lot Size SqFt:6840
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Lot Size Acres:0.16
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Zoning:Comm 1
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View:City View(s)
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View:true
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Waterview:No
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Exclusions:Tenants Personal Belongings.
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (888) 944-5827
Taxes
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Tax Year:2024
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Tax Lot:33
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Tax Block:10
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Tax Map Number:22
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Tax Book Number:68065
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Tax Annual Amount:8664
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Tax Assessed Value:509000
Beds
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Bedrooms Total:8
Baths
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Total Baths:10.5
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Total Baths:13
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Full Baths:8
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Half Baths:5
The Listing
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Home Warranty:false
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Sub Agency Relationship Offered:No
Utilities
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Electric:Fuses
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Gardner
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Middle Or Junior School:Gardner
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High School:Gardner
The Community
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Senior Community:false
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Spa:false
Parking
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Garage:false
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/24/25
Mar 24, 2025
|
Listed / Active | MLSPIN | $1,399,900 |