This well-maintained 13-unit building offers a strategic mix of five commercial units and eight residential units, including a total of six-one bedrooms, one studio unit, and one two-bedroom unit. The property has been thoughtfully upgraded, including a conversion from oil to natural gas with a central heating system, reducing maintenance costs and ensuring more efficient operation with just one heating unit to manage. Several residential units have been modernized, enhancing their appeal to tenants. The building also benefits from a fully sprinklered system, ensuring safety and peace of mind for all occupants.With impressive financials, the property generates substantial gross rental income and operates with a net operating income of over $100,000. The ease of maintenance, coupled with its attractive income potential, makes this a solid investment opportunity.
This home has been viewed 81 times
Last Checked: June 25th, 2025 at 4:32am (Source: MLS PIN #73356695)
General Information for 88-98 Main St, Gardner MA 01440
Listing ID73356695
Property TypeCommercial Sale
Price$1,275,000
Style
CityGardner
CountyWorcester
MLS Area
Neighborhood(s)
Garage Parking
ZoningComm 1
AssociationNo
Year Built1940
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 88-98 Main St, Gardner MA 01440
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Contact Information for 88-98 Main St, Gardner MA 01440