$450,000
About this home
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.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73510901
- Property type
- 3 Family - 3 Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 176
- On market date
- April 30, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 5
- Lot size
- 0.24 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 435
- Student:teacher ratio
- 13.2:1
- District
- Gardner
- Enrollment
- 518
- Student:teacher ratio
- 12.6:1
- District
- Gardner
- Enrollment
- 96
- Student:teacher ratio
- 12.0:1
- District
- Gardner
Walkability
Blended score for Gardner's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Gardner, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 4, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.