199 Main Street, Gardner, Massachusetts 01440

$349,000
7
BD
5
BA
4,110
SqFt
List Price
$349,000
MLS#
72701808
Bedrooms
7
Full Bathrooms
5
Sq. Ft
4,110
Lot Size
6,725
County
Worcester
Year Built
1900
Status
ACTIVE

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.

Additional Information

Days on Market
8
Taxes
$3,614
Tax Year
2020
Assessment
183100
Construction
Frame
Amenities
Public Transportation, Shopping
Basement
Yes
Basement Features
Full, Dirt Floor, Concrete Floor, Unfinished Basement
Hotwater
Electric
Lot Description
Shared Drive, Level
Parking Spaces
4
Acres
0.15
Price Per Sqft
$84
Disclosures
All tenants pay $$ per month for heat as the building has 2 furnaces. They share water heaters.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Patriot Realty.

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