88 Main, Gardner MA 01440 – 8 bed 13 bath For Sale – 73349442
Overview
- Updated On:
- May 4, 2025
-
- 73349442
- 8 Bedrooms
- 10.5 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1940
Description
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.
This property is listed by Candor Realty Group from Four Points Real Estate, LLC
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 1,299,000 |
| Living Area | 12,667.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 29 |
|---|---|
| Listing MLS ID | 73349442 |
| Days on Market | 41 |
| Bathrooms | 10.5 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 8 |
| Half Bathrooms | 5 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 13 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1940 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full |
| Roof | Rubber |
Additional Details
| Community Features | |
|---|---|
| Disclosures | Large Oil Tank in Basement No longer used. Buyers and Buyers Agent to do it's Own Due Diligence. The Seller makes no representations or warranties regarding the accuracy of the multifamily property listing,and shall not be liable for any discrepancies. Sellers hold MA RE License. |
| Last Updated | 2025-05-04T08:05:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | 3536250 |
| Original List Price | 1399900 |
| Listing Office | four points real estate, llc |
| Tax Annual Amount | 8664 |
|---|---|
| Tax Assessed Value | 509000 |
| Tax Book Number | 68065 |
| Tax Year | 2024 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | Comm 1 |
| Listing Agent | candor realty group |
Amenities and Features
Payment Calculator
- Principal and Interest
- Property Tax
- HOA fee
Map
What's Nearby
Food
Sawa Asian Cuisine
(0.98 miles)
Gardner Ale House
(0.17 miles)
Taco Rey Coliman
(0.1 miles)
Duguays Chicken & Seafood
(1.1 miles)
The Otter River Pub
(3.37 miles)
Health & Medical
Heywood Urgent Care
(0.22 miles)
Heywood Hospital
(0.93 miles)
Gardner Family Medicine
(0.14 miles)
Heywood Rehab Center
(1.02 miles)Heywood Medical Group
(0.92 miles)
Shopping
PYCA Thrift Shop
(0.16 miles)
Rietta Flea Market
(3.56 miles)
Walmart Supercenter
(1.58 miles)
ALDI
(1.1 miles)
The Salvation Army Thrift Store & Donation Center
(0.74 miles)
Contact Me
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88 Main, Gardner MA 01440 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
88 Main, Gardner MA 01440 – 8 bed 13 bath For Sale – 73349442
$ 1,299,000
Status: Active
88 Main, Gardner MA 01440, Gardner, , Worcester 01440
Country: US
Property Overview
MLS #: 73349442
Type: 5+ Family - 5+ Units Up/Down /
Action: Residential Income
Year Built: 1940 (Actual, Source: Public Records, Effective: )
Living Area: 12,667.00 ft2 (Total: 12667 Square Feet, Source: Public Records)
Lot Size: 0.16 ft2 (Area: 0.16 Acres, SqFt: 6840)
Total Rooms: 29
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 10.5 (Full: 8, Half: 5, Decimal: 10.5, Main Level: )
Basement: Full
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Block,Brick/Mortar (Area: )
Roof: Rubber
Stories: 4 (4)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Fuses,Circuit Breakers (Expense: 3763)
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features:
View: City View(s) (, Waterview Y/N: No)
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features:
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: Gardner, M: Gardner, H: Gardner
Zoning: Comm 1 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
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.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 13
Units Owner Occupied:
Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1350, Lease: Y
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1400, Lease: Y
Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 8664 (Year: 2024)
Tax Assessed Value: 509000
Tax Block/Lot/Book/Map: 10 / 33 / 68065 / 22
Parcel Number: 3536250
Special Licenses:
Current Financing:
Gross Income: 194004 (Scheduled: 16397)
Net Operating Income: 112274
Operating Expense: 81730 (Water/Sewer: 4977, Insurance: 10000)
Financial Data Source: Owner
APOD Available: Yes
Tenant Pays:
Rent Includes:
Total Actual Rent: 16167
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Candor Realty Group (MLS ID: TM335434) / Team: CN204420
Listing Office: Four Points Real Estate, LLC (MLS ID: AN5498)
Agent (Property): 369593
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-24
Expiration Date: 1900-01-01
Original List Price: 1399900
Price Per SqFt (List): 102.55
Market Time (Property): 41 (Broker: 41, Prev Broker: 0, Prev Property: 0)
MLS Status: Active
Possession:
Directions: GPS
Disclosures: Large Oil Tank in Basement No longer used. Buyers and Buyers Agent to do it's Own Due Diligence. The Seller makes no representations or warranties regarding the accuracy of the multifamily property listing,and shall not be liable for any discrepancies. Sellers hold MA RE License., N
Lead Paint: Unknown
Title 5:
Exclusions: Tenants Personal Belongings.
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 16)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 2106723
Modification Timestamp: 2025-05-04T08:05:00.000Z
Bridge Modification Timestamp: 2025-05-04T08:06:40.812Z
Original Entry Timestamp: 2025-03-24T23:48:00.000Z
Status Change Timestamp: 2025-04-30T17:34:00.000Z
Off Market Date:
Development Status:
Business Type:
