Well-maintained four-unit multifamily property offering a blend of classic New England charm and thoughtful updates. Most units feature exposed beams, adding warmth and character throughout. Units 2 and 3 have been tastefully renovated, while Units 1 and 4 retain their original woodwork, appealing to those who appreciate timeless craftsmanship. The property includes an oversized garage with five under-building spaces, plus a detached garage (23'x28' +/-) with two additional bays, ideal for parking, storage, or potential additional income opportunities. Two units are currently occupied by long-term tenants, providing stable rental income. Perfect for owner-occupants or investors seeking immediate cash flow. A rare opportunity to own a versatile, income-generating property with both charm and upside potential. Property is located in area zoned COM 2 increasing investment potential. Have your agent sign up today for the group showing Sunday, June 14!
This home has been viewed 17 times
Last Checked: June 16th, 2026 at 4:28am (Source: MLS PIN #73533499)
Gross Income: $0
Gross Expenses: $6,356
Net Income Calc: $6,356
Annual Expenses for 339 Chestnut Street, Gardner MA 01440
Total Gross Expenses (Calculated)$6,356/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6356
Annual Income & Unit Breakdown for 339 Chestnut Street, Gardner MA 01440
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 339 Chestnut Street, Gardner MA 01440
Listing ID73533499
Property TypeMulti Family / 4 Family
Price649999 ($197.09/SqFt)
Style4 Family
CityGardner
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3298
Approximate Lot Size (Acres)0.26
Total Parking20 (5 Garage)
Garage Parking5
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 339 Chestnut Street, Gardner MA 01440
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer
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 339 Chestnut Street, Gardner MA 01440
Real Estate Taxes6356
Tax Year2025
Assessed Value$442,600
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 339 Chestnut Street, Gardner MA 01440
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 339 Chestnut Street, Gardner MA 01440