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Pending

255 Greenwood St, Gardner MA 01440

$375,000

Estimated $983/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $187,500

Total Rent: 13200/year

Estimated CAP Rate:

5 Bedrooms

Baths

1953

Total Parking: 6

12,500 (0.29)

Welcome to 255 Greenwood St, a two-family home in the heart of Gardner offering the kind of flexibility buyers are looking for: a beautifully renovated unit ready for its next owner or tenant, immediate rental income from the second unit, and a large private yard to enjoy. Located close to downtown shopping and restaurants, parks, Route 2 and everyday amenities, this is a property that combines convenience with plenty of potential. Inside the first unit and you’ll find a fresh, inviting 3-bedroom, 1-bath space that has been fully renovated with new flooring, fresh paint, new cabinets and plenty of natural light. Vacant and move-in ready, it’s an ideal setup for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor adding a turnkey unit to their portfolio. The second unit is currently occupied by tenants-at-will and offers 2 bedrooms and 1 bath, providing immediate rental income. Electric and hot water is separately metered for each unit. The property currently has a shared oil heating system but can be converted to gas. The walkout basement includes a shared washer and dryer, as well as, common storage. Outside, the large, private yard lined with trees gives you room to entertain, relax or simply enjoy having more outdoor space. Off-street parking adds everyday convenience, while the sidewalk-lined street makes it convenient. The concrete pad near the driveway is the footprint of the former garage, with electricity available and potential to rebuild within the existing footprint. Whether you’re looking for a Gardner investment property or a two-family home with owner-occupant potential, 255 Greenwood St offers a lot to work with in a convenient location. Come take a look and see the possibilities for yourself!

This home has been viewed 20 times

Last Checked: October 8th, 2026 at 6:28am (Source: MLS PIN #73582078)

Gross Income: $13,200

Gross Expenses: $4,501

Net Income Calc: $8,699

Annual Expenses for 255 Greenwood St, Gardner MA 01440

Total Gross Expenses (Calculated)$4,501/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4501

Annual Income & Unit Breakdown for 255 Greenwood St, Gardner MA 01440

Total Gross Income (Calculated)$13,200

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

General Information for 255 Greenwood St, Gardner MA 01440

Listing ID73582078

Property TypeMulti Family / 2 Family

Price375000 ($192.01/SqFt)

Style2 Family - 2 Units Up/down

CityGardner

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1953

Approximate Lot Size (Acres)0.29

Total Parking6

Garage Parking0

Year Built1930

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 SpaceCovered

ZoningR1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 255 Greenwood St, Gardner MA 01440

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsSwing Set

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 255 Greenwood St, Gardner MA 01440

Real Estate Taxes4501

Tax Year2026

Assessed Value$326,900

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 255 Greenwood St, Gardner MA 01440

Elementary SchoolGardner Elementary

Middle SchoolGarden Middle

High SchoolGardner High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 255 Greenwood St, Gardner MA 01440

Agent

Name: Sharie Warila

Office

Name: Keller Williams Realty Boston Northwest

Phone: 978-369-5775

Payment Calculator

, Interest

Property Taxes 375.08

Principal & Interest 2310.63

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Boston Northwest

Sharie Warila

Agent Phone

Office Phone

(978) 369-5775

Text Agent Call Agent Call Office

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EXIT

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