$305,000
$339,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
199 Main Street Gardner, MA 01440
7 Beds
5 Baths
4,110 SqFt
Key Details
Sold Price $305,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,110 sqft
Price per Sqft $74
MLS Listing ID 72701808
Sold Date 07/13/21
Bedrooms 7
Full Baths 5
Year Built 1900
Annual Tax Amount $3,614
Tax Year 2020
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type 5+ Family - 5+ Units Up/Down
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.
Location
State MA
County Worcester
Zoning RES
Direction Main Street across from Police Station
Rooms
Basement Full, Dirt Floor, Concrete, Unfinished
Interior
Interior Features Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliance Electric Water Heater
Exterior
Community Features Public Transportation, Shopping
Roof Type Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Debbie Salamone • Keller Williams Realty-Merrimack