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Active

253-255 Park St, Gardner MA 01440

$299,900

Estimated $925.79/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $99,966.67

Total Rent: 18600/year

Estimated CAP Rate: 4.44%

7 Bedrooms

3 Full Baths

2,379 SqFt

Total Parking: 6

19,804 SqFt

Welcome to this rare multi-family offering in Gardner’s Park Street corridor — two side-by-side residences on one 0.45-acre parcel with a barn, sold together as one appealing package. One main single family home that was converted from a 2 family and a 2nd building with 2 apartments. Whether you’re a seasoned investor or a homeowner looking to offset your mortgage, this property presents a compelling “buy and build” scenario. With thoughtful renovation, unit upgrades, and market-rate rents, this could become a standout income producer in Gardner’s multi-family segment. Prime location near amenities, transit access, and the heart of Gardner’s residential areas.Don’t miss your chance to secure a substantial parcel and flexible building combination in a market where such opportunities seldom appear.

This home has been viewed 36 times

Last Checked: December 5th, 2025 at 8:13am (Source: MLS PIN #73443022)

Gross Income: $18,600

Gross Expenses: $5,274

Net Income Calc: $13,326

CAP Rate: 4.44%

Annual Expenses for 253-255 Park St, Gardner MA 01440

Total Gross Expenses (Calculated)$5,274/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,274

Annual Income & Unit Breakdown for 253-255 Park St, Gardner MA 01440

Total Gross Income (Calculated)$18,600

Unit 1

Rental Income$800

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 2(water)

Unit 2

Rental Income$750

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesUnit 2(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor

Levels in Unit2

HeatingNo

Rent IncludesUnit 2(water)

General Information for 253-255 Park St, Gardner MA 01440

Listing ID73443022

Property TypeMulti Family / 3 Family

Price$299,900 ($126.06/SqFt)

Style3 Family

CityGardner

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total2,379 SqFt

Approximate Lot Size (Acres)0.45 acres

Total Parking6

Garage Parking

Year Built1940

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck

ZoningR

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 253-255 Park 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$18,600

Total Net Income By Broker$18,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 253-255 Park St, Gardner MA 01440

Real Estate Taxes$5,274

Tax Year2025

Assessed Value$367,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$18,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$18,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.44%

Location Information for 253-255 Park St, Gardner MA 01440

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic Transportation

Contact Information for 253-255 Park St, Gardner MA 01440

Agent

Name: Rachel Amato

Office

Name: Century 21 Your Way

Phone: 978-710-7490

Payment Calculator

, Interest

Property Taxes 439.5

Principal & Interest 1847.89

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Your Way

Rachel Amato

Agent Phone

Office Phone

(978) 710-7490

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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[roof_material] => Array
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    [senior_community] => No
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EXIT

Active

253-255 Park St, Gardner MA 01440

$299,900

Annual Expenses for 253-255 Park St, Gardner MA 01440

Annual Income & Unit Breakdown for 253-255 Park St, Gardner MA 01440

General Information for 253-255 Park St, Gardner MA 01440

Disclosures for 253-255 Park St, Gardner MA 01440

Financial Information for 253-255 Park St, Gardner MA 01440

Location Information for 253-255 Park St, Gardner MA 01440

Contact Information for 253-255 Park St, Gardner MA 01440

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 Your Way

Rachel Amato