Well cared for 3 family building. Updated kitchens and bathrooms. First floor offers 3 bedrooms, Full bathroom with a walk in (low lip) shower. Hardwood flooring in the living room. Second floor has 2 bedrooms with the possibility of a 3rd bedroom. This bathroom has been hand crafted with a rustic look of pine walls and ceiling also includes several built in shelfs. With a walk in shower stall. The third floor is a one bedroom with a walk in closet. Good size living room and a kitchen. The house has been wired for a generator. Washer and Dryer hook up in the basement. The furnace, oil tank and hot water tank are on the newer side. This is one worth taking a look at. Schedule your appointment today. Estimated rent for 1st $1500, 2nd floor $1500 and 3rd floor $1000. Any and all offers due by noon on Monday 24th. Seller reserves the right to accept an offer at any time. Please allow 24 hours for the seller to review the offer.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 8:31am (Source: MLS PIN #73093355)
Gross Income: $48,000
Gross Expenses: $4,179
Net Income Calc: $43,821
CAP Rate: 12.52%
Annual Expenses for 89 Richmond St, Gardner MA 01440
Total Gross Expenses (Calculated)$4,179/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,179
Annual Income & Unit Breakdown for 89 Richmond St, Gardner MA 01440
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
Unit 2
Rental Income$1,500
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
Unit 3
Rental Income$1,000
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
General Information for 89 Richmond St, Gardner MA 01440
Listing ID73093355
Property TypeMulti Family / 3 Family
Price$349,900 ($124.12/SqFt)
Style3 Family
CityGardner
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,819 SqFt
Approximate Lot Size (Acres)0.25 acres
Total Parking7 (1 Garage)
Garage Parking1 / Detached
Year Built1894
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone,Brick/Mortar
Accessible Features
Outdoor Space
Zoning3 unit
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 89 Richmond St, Gardner MA 01440
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceAppraiser
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$48,000
Total Net Income By Broker$48,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 89 Richmond St, Gardner MA 01440
Real Estate Taxes$4,179
Tax Year2023
Assessed Value$259,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$48,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$48,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)12.52%
Location Information for 89 Richmond St, Gardner MA 01440
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool, Tennis Court(s), Private School, University
Contact Information for 89 Richmond St, Gardner MA 01440