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8-12 Nichols St.

Gardner, MA 01440
  • $628,000
  • STATUS: Active
  • MLS #: 73217598
$628,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 7,024
    SQFT
  • $89
    $/SQFT
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing courtesy of Alexander Osornio of NextGen Realty, Inc..

Description

Exceptional investment opportunity! This 4 unit plus commercial space multi-family is located 2 short blocks from Gardner Center. Excellent location. Across from the shell gas station. All four units have separate meters for gas and electric. This property has an unused first floor with 3,000 square feet. First floor has major potential for commercial space or additional units. Big add value for any investor or owner occupant. All 4 units are fully rented. Monthly income is $4,500. Current rents are under market and have room to meet market pricing. New Rubber roof was installed Jan, 2024. Heaters and hot water boilers have been replaced in the past 5 years. Don't miss this great opportunity!

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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 2024-04-04T00:06:27.963.
www.teamrosoremax.com/homes/149026773
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8-12 Nichols St. Gardner, MA 01440

  • Price: $628,000
  • Status: Active
  • On Site: Days
  • MLS #: 73217598
6
Beds
4
Baths
0
½ Baths
0.09
Acres
7,024
SQFT
$89
$/SQFT
1920
Built
County:
Worcester
Property Description
Exceptional investment opportunity! This 4 unit plus commercial space multi-family is located 2 short blocks from Gardner Center. Excellent location. Across from the shell gas station. All four units have separate meters for gas and electric. This property has an unused first floor with 3,000 square feet. First floor has major potential for commercial space or additional units. Big add value for any investor or owner occupant. All 4 units are fully rented. Monthly income is $4,500. Current rents are under market and have room to meet market pricing. New Rubber roof was installed Jan, 2024. Heaters and hot water boilers have been replaced in the past 5 years. Don't miss this great opportunity!
Exterior Features

Color Brick Construction Materials Brick Covered Spaces 0 Garage YN No Lot Features Level Parking Features Off Street Parking Total 4 Road Frontage Type Public Roof Rubber Spa YN No Waterfront YN No

Interior Features

Appliances RangeRefrigerator Building Area Total 7024 Fireplace YN No Fireplaces Total 0 Flooring Carpet Foundation Details Concrete PerimeterSlab Heating Baseboard Heating YN Yes Interior Features Ceiling Fan(s)StorageBathroom With Tub & ShowerOpen FloorplanLiving RoomKitchenLiving RM/Dining RM Combo Lead Paint Unknown Rooms Total 15 Window Features Picture Window

Property Features

Buyer Agency Compensation 2% Gross Income 55200 Home Warranty YN No Net Operating Income 55200 Property Sub Type 4 Family Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 8745 Tax Year 2024 Total Actual Rent 4500 Transaction Broker Compensation 1% Water Source Public Year Built Details Approximate Zoning Com1

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Alexander Osornio of NextGen Realty, Inc.: 617-208-2100.


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 2024-04-04T00:06:27.963.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Alexander Osornio of NextGen Realty, Inc..