Under contract
  • $689,000

    19 Franklin Ct, Gardner, MA 01440

    6beds
    4,338sqft
    : 
    5-9 Family
    Built in 1900
    -- sqft lot
    $692,200 Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Dine-in kitchenCoin-operated washer and dryer
    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!
    14 days
    on Zillow
    |
    327
    |
    23
    |
    • Loading