OFFER DEADLINE TUESDAY 7/22 at 12PM. Investors, check out this spectacular 6-family investment opportunity! Currently producing an 8% cap rate with the potential to reach 9.5% at market rents, this well-maintained property generates over $95,000 in annual income. Spanning more than 4,000 square feet, it features six well-sized 1-bedroom units, each offering a dine-in kitchen, living room, pantry, and bedroom. A coin-operated washer and dryer in the building adds convenience and additional income potential. Conveniently located just seconds from downtown Gardner and a short drive to Route 2, this property offers strong cash flow, value-add upside, and easy access to amenities and commuter routes. Recent appraisal came in significantly higher than the list price, making this a rare opportunity to acquire instant equity. A perfect addition to any investment portfolio!
Property Features
Parking
Paved
Shared Driveway
Off Street
Common
Cooling Information
Window Unit(s)
Heating Information
Oil
Water Features
Public
Basement
Unfinished
School Information
School Information for 19 Franklin Ct, Gardner, MA 01440
Elementary School
Gardner Element
Middle School
Gardner Middle
High School
Gardner High
Listing Courtesy: Four Points Real Estate, LLC - 888-944-5827