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    199 Main Street

    Gardner, MA 01440
    • $349,000
    • STATUS: Active
    • MLS #: 72701808
    $349,000
    • 7
      BEDS
    • 0.15
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 4,110
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of David King of Re/Max Patriot Realty.

    Description

    Looking for a good CAP RATE investment with long term tenants, this building is perfect for you. Some of the tenants have been there for over 15 years. Great location, all units are full. Easy access to food shopping, public transportation and very safe as the police department is across the street. The CAP RATE on this building today is projected at 11%. The building needs 2 small electrical boxes replaced as they have fuses. The building is in good shape, flat floors, and happy tenants. Don't miss out on this great investment with built-in revenue. Please review the building photos, the floor plan, and ask your realtor to call for more details.

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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. Data last updated 2020-10-23T00:22:43.71.
    www.teamrosoremax.com/homes/108438605
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    199 Main Street Gardner, MA 01440

    • Price: $349,000
    • Status: Active
    • MLS #: 72701808
    7
    Beds
    5
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,110
    SQFT
    $85
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    Looking for a good CAP RATE investment with long term tenants, this building is perfect for you. Some of the tenants have been there for over 15 years. Great location, all units are full. Easy access to food shopping, public transportation and very safe as the police department is across the street. The CAP RATE on this building today is projected at 11%. The building needs 2 small electrical boxes replaced as they have fuses. The building is in good shape, flat floors, and happy tenants. Don't miss out on this great investment with built-in revenue. Please review the building photos, the floor plan, and ask your realtor to call for more details.
    Exterior Features

    Beachfront No Construction Frame Exterior Clapboard Exterior Features Porch - Enclosed Foundation Fieldstone Lot Description Shared DriveLevel Parking Features Off-StreetOn Street Without Permit Parking Spaces 4 Road Type Public Roof Material Rubber Waterfront Flag No Waterview Flag No

    Interior Features

    Basement Yes Basement Features FullDirt FloorConcrete FloorUnfinished Basement Bedrooms Unit1 1 Bedrooms Unit2 0 Bedrooms Unit3 1 Bedrooms Unit4 0 Energy Features Storm Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Hot Water Electric Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 15 Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 2 Rooms Unit3 3 Rooms Unit4 2

    Property Features

    Adult Community No Amenities Public TransportationShopping Apod Available No Assessments 183100.00 Disclosure No Disclosures All Tenants Pay $$ Per Month For Heat As The Building Has 2 Furnaces. They Share Water Heaters. Electric Features 110 Volts220 Volts Gross Operating Income 35400 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 35400 Rent Unit1 650 Rent Unit2 500 Rent Unit3 650 Rent Unit4 500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 3614.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Res

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of David King of Re/Max Patriot Realty.


    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. Data last updated 2020-10-23T00:22:43.71.
     
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    Re/Max Vantage
    77 State Road
    Dartmouth MA, 02747
    Listing courtesy of David King of Re/Max Patriot Realty.