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53 Monadnock St, Gardner MA 01440

$550,000

Estimated $1,412/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $110,000

Total Rent: 64140/year

Estimated CAP Rate:

11 Bedrooms

Baths

3800

Total Parking: 13 (3 Garage)

11,327 (0.26)

Turnkey 5-unit building located close to all downtown has to offer. All units have been renovated and have spacious floorplans. There is one 3-bedroom unit and four 2-bedroom units. Many updates have been done including vinyl siding and windows. There is plenty of parking and also a 3-car garage. Low operating expenses. Great investor opportunity.

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 6:16am (Source: MLS PIN #73093617)

Gross Income: $64,140

Gross Expenses: $16,644

Net Income Calc: $47,496

Annual Expenses for 53 Monadnock St, Gardner MA 01440

Total Gross Expenses (Calculated)$16,644/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6246

Annual Income & Unit Breakdown for 53 Monadnock St, Gardner MA 01440

Total Gross Income (Calculated)$64,140

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 53 Monadnock St, Gardner MA 01440

Listing ID73093617

Property TypeMulti Family / 5+ Family

Price550000 ($144.74/SqFt)

Style5-9 Family

CityGardner

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3800

Approximate Lot Size (Acres)0.26

Total Parking13 (3 Garage)

Garage Parking3

Year Built1930

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR1

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 53 Monadnock St, Gardner MA 01440

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsGenerator

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 53 Monadnock St, Gardner MA 01440

Real Estate Taxes6246

Tax Year2023

Assessed Value$387,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 53 Monadnock St, Gardner MA 01440

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 53 Monadnock St, Gardner MA 01440

Agent

Name: Trish Marchetti

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 781-237-8000

Payment Calculator

, Interest

Property Taxes 520.5

Principal & Interest 3388.93

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Trish Marchetti

Agent Phone

Office Phone

(781) 237-8000

Text Agent Call Agent Call Office

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EXIT

18 More Photos

Closed

53 Monadnock St, Gardner MA 01440

$550,000

Annual Expenses for 53 Monadnock St, Gardner MA 01440

Annual Income & Unit Breakdown for 53 Monadnock St, Gardner MA 01440

General Information for 53 Monadnock St, Gardner MA 01440

Disclosures for 53 Monadnock St, Gardner MA 01440

Financial Information for 53 Monadnock St, Gardner MA 01440

Location Information for 53 Monadnock St, Gardner MA 01440

Contact Information for 53 Monadnock St, Gardner MA 01440

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Trish Marchetti