Sold
Property Description
Looking for a good CAP RATE investment with long term tenants, this building is perfect for you. Some of the tenants have been there for over 15 years. Great location, all units are full. Easy access to food shopping, public transportation and very safe as the police department is across the street. The CAP RATE on this building today is projected at 11%. The building needs 2 small electrical boxes replaced as they have fuses. The building is in good shape, flat floors, and happy tenants. Don’t miss out on this great investment with built-in revenue. Please review the building photos, the floor plan, and ask your realtor to call for more details.
Location
MA
Worcester
Gardner
01440
199
Main Street
Main Street across from Police Station
W72° 0′ 19.4”
N42° 34′ 19.8”
199 Main Street, Gardner MA 01440
199
School Information
Community Information
: Public Transportation, Shopping
1
Additional Information
N
Unknown
Systems and Appliances
: Electric Water Heater
: 110 Volts, 220 Volts
: Public Sewer
Home owner association information
5
Zoning/Tax Information
$3,614
2020
RES
53
21884
$183,100
Building Information
$35,400
4,110 Sqft
Public Records
: Public
9
: Public
No
Paved
No
: Storm Window(s)
No
Features
: Full, Concrete, Unfinished, Dirt Floor
: Enclosed
: 4
: Off Street, Shared Driveway
No
: Kitchen), Unit 2 Rooms(living Room, Unit 3 Rooms(living Room, Unit 4 Rooms(living Room
: Level
: Rubber
Listing Agent/Office
RE/MAX Patriot Realty
AN4217
141
199 Main Street, Gardner MA 01440 – 5+ Family – 5+ Units Up/down For S
199 Main Street, Gardner, Massachusetts 01440
7 Bedrooms
5 Full Bathrooms
4,110 Sqft
$339,000
Listing ID #72701808
Basic Details
Price : $339,000
Original List Price : $349,000
Property Type : 5+ Family – 5+ Units Up/down
Listing Type : For Sale
Buyer Agency Compensation : 2
Listing ID : 72701808
Listing Category : Multi-family
Listing Status : Sold
Listing Sub-Status : Sold
Days on Market : 446
Bedrooms : 7
Total Bathrooms : 5
Full Bathrooms : 5
Total Rooms : 15
Living Area : 4,110 Sqft
Year Built : 1900
Lot Size : 6,725 Sqft
Lot Size (Acres) : 0.15
List Date : 07/31/2020 03:34 PM
PurchaseContractDate : 11/21/2020
Off Market Date : 12/17/2020
CloseDate : 07/13/2021
Last Status updated: : 09/03/2021 09:57 PM
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Agent info
Douglas Elliman
20 Park Plaza, Boston MA
Contact Agent