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4-12 Parker St, Gardner MA 01440

$1,400,000

Estimated $3,249/month Calculator

Multi Family

Total Units: 16

Price Per Unit: $87,500

Total Rent: 0/year

Estimated CAP Rate:

12 Bedrooms

Baths

15716

Total Parking: 0

6,104 (0.14)

Rare opportunity to acquire and complete a significant mixed-use redevelopment project in the heart of Downtown Gardner. This prominent 13,000+ SF historic building has approved plans for 16 residential units and 4 street-level commercial units, offering an investor or developer the opportunity to step into an established redevelopment project with substantial pre-development and early construction work already completed.Residential redevelopment is by-right, with construction design and plans already in place. Considerable work has been completed or advanced, including a new roof, new windows, exterior siding work and significant residential framing. A new utility transformer has also been installed, with electrical supplies and equipment on site.Located within one of Gardner’s federally designated Opportunity Zone tracts and the Downtown Urban Renewal Plan Area, the property is positioned within an area benefiting from continued private reinvestment along with municipal and state-supported economic development initiatives and public improvements.An opportunity to take over a well-advanced redevelopment project and bring 16 new residential units and four commercial spaces to Downtown Gardner. Property and project information is preliminary and subject to buyer verification and due diligence. Group Showing – Friday, September 25th at 10:30 AMInterested parties must contact directly in advance to attend.

This home has been viewed 7 times

Last Checked: September 26th, 2026 at 5:58am (Source: MLS PIN #73575841)

Gross Income: $0

Gross Expenses: $11,745

Net Income Calc: $11,745

Water Views

Annual Expenses for 4-12 Parker St, Gardner MA 01440

Total Gross Expenses (Calculated)$11,745/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11745

Annual Income & Unit Breakdown for 4-12 Parker St, Gardner MA 01440

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms0

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 4-12 Parker St, Gardner MA 01440

Listing ID73575841

Property TypeMulti Family

Price1400000 ($89.08/SqFt)

Style5+ Family - 5+ Units Side By Side

CityGardner

CountyWorcester

Neighborhood(s)

Approximate Living Area Total15716

Approximate Lot Size (Acres)0.14

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Under Construction

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC1

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 4-12 Parker St, Gardner MA 01440

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data SourceEstimated

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 4-12 Parker St, Gardner MA 01440

Real Estate Taxes11745

Tax Year2026

Assessed Value$853,000

Financial Data SourceEstimated

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 4-12 Parker St, Gardner MA 01440

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 4-12 Parker St, Gardner MA 01440

Agent

Name: Candor Investment Group

Office

Name: eXp Realty LLC

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 978.75

Principal & Interest 8626.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC

Candor Investment Group

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 4-12 Parker St, Gardner MA 01440
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EXIT

19 More Photos

Active

4-12 Parker St, Gardner MA 01440

$1,400,000

Annual Expenses for 4-12 Parker St, Gardner MA 01440

Annual Income & Unit Breakdown for 4-12 Parker St, Gardner MA 01440

General Information for 4-12 Parker St, Gardner MA 01440

Disclosures for 4-12 Parker St, Gardner MA 01440

Financial Information for 4-12 Parker St, Gardner MA 01440

Location Information for 4-12 Parker St, Gardner MA 01440

Contact Information for 4-12 Parker St, Gardner MA 01440

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC

Candor Investment Group