19 Franklin Ct, Gardner, MA 01440
- Beds
- 6
- Baths
- 6
- Sqft
- 4,338
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 5
- Number of bedrooms
- 6
- Number of bathrooms
- 6
- Square feet
- 4,338
- Lot size (acres)
- 0.12
- Year built
- 1900
Interior features
- Basement
- Yes, Unfinished
Utilities
- Heating
- Oil
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Electricity
- $1,076
- Insurance
- $4,500
Taxes
- Tax Annual Amount (2025)
- $6,682
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73404655 Last checked: …
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