Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Active

274 Pleasant St, Gardner MA 01440

$450,000

Estimated $1,160/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

3914

Total Parking: 5

10,454 (0.24)

This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.

This home has been viewed 34 times

Last Checked: May 5th, 2026 at 6:13am (Source: MLS PIN #73510901)

Gross Income: $0

Gross Expenses: $8,160

Net Income Calc: $8,160

Water Views

Annual Expenses for 274 Pleasant St, Gardner MA 01440

Total Gross Expenses (Calculated)$8,160/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5160

Annual Income & Unit Breakdown for 274 Pleasant St, Gardner MA 01440

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 274 Pleasant St, Gardner MA 01440

Listing ID73510901

Property TypeMulti Family / 3 Family

Price450000 ($114.97/SqFt)

Style3 Family - 3 Units Up/down

CityGardner

CountyWorcester

Neighborhood(s)

Approximate Living Area Total3914

Approximate Lot Size (Acres)0.24

Total Parking5

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 274 Pleasant St, Gardner MA 01440

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSee Disclosures

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 274 Pleasant St, Gardner MA 01440

Real Estate Taxes5160

Tax Year2026

Assessed Value$359,300

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 274 Pleasant St, Gardner MA 01440

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 274 Pleasant St, Gardner MA 01440

Agent

Name: Michelle Peterson

Office

Name: Elm Grove Realty, LLC

Phone: 603-821-0077

Payment Calculator

, Interest

Property Taxes 430

Principal & Interest 2772.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Elm Grove Realty, LLC

Michelle Peterson

Agent Phone

Office Phone

(603) 821-0077

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.24 acres (10,454 SqFt)
    [add_date] => 2026-05-01 10:43:35
    [address] => Pleasant St
    [agent] => Array
        (
            [address] => 182 Maple Street
            [city] => Winchendon
            [id] => CN211496
            [name] => Michelle Peterson
            [national_association] => 454502349
            [office] => AN2024
            [state] => MA
            [zip] => 01475
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3914
    [approx_lot_size_acres] => 0.24
    [approx_lot_size_sqft] => 10454
    [assessed_value] => $359,300
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Gardner
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair,  and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => See Disclosures
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-05-05 06:13:36
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 3
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73510901
    [neighborhoods] => 
    [net_income_calc] => -8160
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => AN2024
            [name] => Elm Grove Realty, LLC
            [phone] => 603-821-0077
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 450000
    [price_per_sqft] => 114.97
    [price_per_unit] => 150000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family - 3 Units Up/down
        )

[real_estate_tax] => 5160
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 15
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 274
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2026
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8160
    [total_gross_income] => 0
    [total_parking] => 5
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 1
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 274 Pleasant St, Gardner MA 01440
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[year_built] => 1900
    [year_built_details] => Actual
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01440
    [zips] => 
    [zoning] => R
    [zoning_details] => 
    [media] => Array
        (
            [0] => https://www.bostonrealestate.com/wp-content/uploads/WPL/763914/MLS1.jpg
            [1] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=2
            [2] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=3
            [3] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=4
            [4] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=5
            [5] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=6
            [6] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=7
            [7] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=8
            [8] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=9
            [9] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=10
            [10] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=11
            [11] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=12
            [12] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=13
            [13] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=14
            [14] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=15
            [15] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=16
            [16] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=17
            [17] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=18
            [18] => https://media.mlspin.com/photo.aspx?mls=73510901&w=1024&h=768&n=19
        )

[raw] => 
)

EXIT

17 More Photos

Active

274 Pleasant St, Gardner MA 01440

$450,000

Annual Expenses for 274 Pleasant St, Gardner MA 01440

Annual Income & Unit Breakdown for 274 Pleasant St, Gardner MA 01440

General Information for 274 Pleasant St, Gardner MA 01440

Disclosures for 274 Pleasant St, Gardner MA 01440

Financial Information for 274 Pleasant St, Gardner MA 01440

Location Information for 274 Pleasant St, Gardner MA 01440

Contact Information for 274 Pleasant St, Gardner MA 01440

Agent

Office

Payment Calculator

Exclusive Listing Agent

Elm Grove Realty, LLC

Michelle Peterson