$450,000

House for sale Gardner
Property photo number 1 of 15 Photos for Property. File  105140808_29_7ae3ba14599527c8d78ff01c3b2dee9b.jpeg

Overview

SUMMARY: Discover an opportunity with this Gardner house for sale and available for $450,000. This could be your next ideal home or a smart investment. More details await.
This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital
improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses-tenants are responsible for their own heat and electricity-this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
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Details

  • Beds: 6
  • Baths: 3
  • Price: $450,000
  • Reference No.: 95153878
  • Area: 3,914 sqft

Location

Marketed by:

  • Michelle Peterson
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