274 Pleasant St, Gardner, MA 01440
274 Pleasant St, Gardner, MA 01440
274 Pleasant St, Gardner, MA 01440
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$450,000
Est. payment /mo
6 Beds
3 Baths
3,914 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,914 sqft

Price per Sqft $114

MLS Listing ID 73510901

Bedrooms 6

Full Baths 3

Year Built 1900

Annual Tax Amount $5,160

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

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.

Location

State MA

County Worcester

Zoning R

Direction GPS will bring you here!

Rooms

Basement Full, Walk-Out Access, Concrete, Unfinished

Interior

Heating Baseboard, Natural Gas, Electric

Flooring Varies

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Gentle Sloping

Story 3

Foundation Concrete Perimeter, Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by Elm Grove Realty, LLC

NEARBY SCHOOLS & PROPERTIES

BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts 02176, United States

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274 Pleasant St