Great opportunity to own an investment property or owner-occupy while letting rental income help cover your mortgage! Each unit features 3 bedrooms, 1 bath, a spacious kitchen, living and dining rooms, pantry, and a front enclosed porch. Flexible layout also allows for a 2-bedroom setup with an oversized living room and separate dining area.The property includes a two-car garage accessible through the basement, offering additional storage or parking. Utilities are separately metered for gas and electricity, and the property features recently updated gas-fired hot water boilers.A solid opportunity to generate cash flow in a desirable setup!
This home has been viewed 2 times
Last Checked: May 4th, 2026 at 8:03am (Source: MLS PIN #73510096)
Gross Income: $42,000
Gross Expenses: $4,913
Net Income Calc: $37,087
Annual Expenses for 242 Pine St, Gardner MA 01440
Total Gross Expenses (Calculated)$4,913/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4913
Annual Income & Unit Breakdown for 242 Pine St, Gardner MA 01440
Total Gross Income (Calculated)$42,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 242 Pine St, Gardner MA 01440
Listing ID73510096
Property TypeMulti Family / 3 Family
Price549900 ($180.41/SqFt)
Style3 Family
CityGardner
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3048
Approximate Lot Size (Acres)0.22
Total Parking6 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR-1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 242 Pine St, Gardner MA 01440
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDr And Kitchen Chandeliers
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 242 Pine St, Gardner MA 01440
Real Estate Taxes4913
Tax Year2025
Assessed Value$342,100
Financial Data Source
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 242 Pine St, Gardner MA 01440
Neighborhood(s)
Area Amenities
Contact Information for 242 Pine St, Gardner MA 01440