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!
Under contract
$689,000
19 Franklin Ct, Gardner, MA 01440
6beds
4,338sqft
Est.:
5-9 Family
Built in 1900
-- sqft lot
$692,200 Zestimate®
$159/sqft
$-- HOA
What's special
Dine-in kitchenCoin-operated washer and dryer
- 14 days
- on Zillow |
- 327 |
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