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Closed

208 Pine St, Gardner MA 01440

$275,000

Estimated $770.49/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $91,666.67

Total Rent: 12000/year

Estimated CAP Rate: 2.95%

6 Bedrooms

3 Full Baths

2,387 SqFt

Total Parking: 3

10,105 SqFt

Tremendous investment opportunity for any buyer that wants to move in and earn instant cash flow! This Multi-Family property has two up/down units plus 2 bonus bedrooms and full bathroom on the third floor, and a partially finished walkout basement. Unit 1 is tenant occupied and features ceiling fans, hardwood floors, kitchen & dining room combo, and laundry room. Unit 2 is vacant and features a mud room that leads to a screened-in porch, built-in closet, and two bonus rooms and bathroom on the third floor. Units feature archways, and hand-crafted exterior stonework and patio. Great opportunity for owner occupants and investors wanting additional income opportunities. Schedule a showing today and earn instant cash flow!

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 12:56am (Source: MLS PIN #73069428)

Gross Income: $12,000

Gross Expenses: $3,895

Net Income Calc: $8,105

CAP Rate: 2.95%

Annual Expenses for 208 Pine St, Gardner MA 01440

Total Gross Expenses (Calculated)$3,895/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,895

Annual Income & Unit Breakdown for 208 Pine St, Gardner MA 01440

Total Gross Income (Calculated)$12,000

Unit 1

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 1(heat, Hot Water)

General Information for 208 Pine St, Gardner MA 01440

Listing ID73069428

Property TypeMulti Family / 2 Family

Price$275,000 ($115.21/SqFt)

Style2 Family - 2 Units Up/down

CityGardner

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,387 SqFt

Approximate Lot Size (Acres)0.23 acres

Total Parking3

Garage Parking

Year Built1915

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 208 Pine St, Gardner MA 01440

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure2387 is from public record

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$12,000

Total Net Income By Broker$12,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation2.25

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 208 Pine St, Gardner MA 01440

Real Estate Taxes$3,895

Tax Year2022

Assessed Value$209,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$12,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$12,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.95%

Location Information for 208 Pine St, Gardner MA 01440

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation

Contact Information for 208 Pine St, Gardner MA 01440

Agent

Name: Albert Surabian

Office

Name: Real Broker MA, LLC

Phone: 855-450-0442

Team Members

Payment Calculator

, Interest

Property Taxes 324.58

Principal & Interest 1694.46

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Albert Surabian

Agent Phone

Office Phone

(855) 450-0442

Text Agent Call Agent Call Office

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EXIT

Closed

208 Pine St, Gardner MA 01440

$275,000

Annual Expenses for 208 Pine St, Gardner MA 01440

Annual Income & Unit Breakdown for 208 Pine St, Gardner MA 01440

General Information for 208 Pine St, Gardner MA 01440

Disclosures for 208 Pine St, Gardner MA 01440

Financial Information for 208 Pine St, Gardner MA 01440

Location Information for 208 Pine St, Gardner MA 01440

Contact Information for 208 Pine St, Gardner MA 01440

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Albert Surabian