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Closed

27 Oak St, Gardner MA 01440

$375,000

Estimated $1,032.39/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $125,000

Total Rent: 40524/year

Estimated CAP Rate: 9.45%

6 Bedrooms

3 Full Baths

3,936 SqFt

Total Parking: 8 (2 Garage)

5,940 SqFt

Excellent investment opportunity in the up-and-coming city of Gardner! This fully tenanted 3-family property has been well-maintained & professionally managed. Each unit offers a similar layout that includes a spacious living room with either pocket doors or an archway, a large dining room, a fully-applianced kitchen including dishwasher, two bedrooms with closets and a bathroom. There are also enclosed porches on each floor and a huge shared basement with coin-op laundry & ample room for storage. There are 2 garage stalls in addition to the 6 parking spaces in the paved driveway. Conveniently located in the downtown area near shopping, dining and just minutes from Rt 2! Unit 2 will be month-to-month as of 6/1, Unit 1 & 3 leases end in March, so there is valuable potential for owner occupancy - You don't want to miss this opportunity! Offers due Tues 5/16 at 6pm. Buyer/Buyer's agent to do own due diligence.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 7:16am (Source: MLS PIN #73108937)

Gross Income: $40,524

Gross Expenses: $5,092

Net Income Calc: $35,432

CAP Rate: 9.45%

Annual Expenses for 27 Oak St, Gardner MA 01440

Total Gross Expenses (Calculated)$5,092/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,092

Annual Income & Unit Breakdown for 27 Oak St, Gardner MA 01440

Total Gross Income (Calculated)$40,524

Unit 1

Rental Income$1,242

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Other (see Remarks)), Unit 2(water, Unit 3(water

Unit 2

Rental Income$1,100

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Other (see Remarks)), Unit 2(water, Unit 3(water

Unit 3

Rental Income$1,035

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesHot Water), Unit 1(water, Other (see Remarks)), Unit 2(water, Unit 3(water

General Information for 27 Oak St, Gardner MA 01440

Listing ID73108937

Property TypeMulti Family / 3 Family

Price$375,000 ($95.27/SqFt)

Style3 Family

CityGardner

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total3,936 SqFt

Approximate Lot Size (Acres)0.14 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 27 Oak St, Gardner MA 01440

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$39,924

Total Net Income By Broker$39,924

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 27 Oak St, Gardner MA 01440

Real Estate Taxes$5,092

Tax Year2023

Assessed Value$315,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$39,924

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,924

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)9.45%

Location Information for 27 Oak St, Gardner MA 01440

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, Pool, Private School, University

Contact Information for 27 Oak St, Gardner MA 01440

Agent

Name: Candor Realty Group

Office

Name: Four Points Real Estate, LLC

Phone: 888-944-5827

Team Members

Name: Matthew Perimian

Phone: 978-806-5974

Payment Calculator

, Interest

Property Taxes 424.33

Principal & Interest 2310.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Four Points Real Estate, LLC

Candor Realty Group

Agent Phone

Office Phone

(888) 944-5827

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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EXIT

Closed

27 Oak St, Gardner MA 01440

$375,000

Annual Expenses for 27 Oak St, Gardner MA 01440

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Financial Information for 27 Oak St, Gardner MA 01440

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Contact Information for 27 Oak St, Gardner MA 01440

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Four Points Real Estate, LLC

Candor Realty Group