5+ Family - 5+ Units Side by Side at 4-12 Parker St, Gardner MA 01440
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$1,400,000

4-12 Parker St, Gardner MA 01440
Gardner, MA 01440
Listed by Candor Investment Group
Bedrooms
12
Bathrooms
20
Living area
15,716 sqft
Year built
1900

About this home

Rare opportunity to acquire and complete a significant mixed-use redevelopment project in the heart of Downtown Gardner. This prominent 13,000+ SF historic building has approved plans for 16 residential units and 4 street-level commercial units, offering an investor or developer the opportunity to step into an established redevelopment project with substantial pre-development and early construction work already completed. Residential redevelopment is by-right, with construction design and plans already in place. Considerable work has been completed or advanced, including a new roof, new windows, exterior siding work and significant residential framing. A new utility transformer has also been installed, with electrical supplies and equipment on site. Located within one of Gardner’s federally designated Opportunity Zone tracts and the Downtown Urban Renewal Plan Area, the property is positioned within an area benefiting from continued private reinvestment along with municipal and state-supported economic development initiatives and public improvements. An opportunity to take over a well-advanced redevelopment project and bring 16 new residential units and four commercial spaces to Downtown Gardner. Property and project information is preliminary and subject to buyer verification and due diligence.

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73575841
Property type
5+ Family - 5+ Units Side by Side
Subdivision
N/A
Status
Active
Days on market
44
On market date
September 10, 2026
Stories
3
Total bathrooms
20
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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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.

Elementary
Waterford Street
0.47 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
435
Student:teacher ratio
13.2:1
District
Gardner
Middle
Gardner Middle School
1.17 mi away · Grades 5-7
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
518
Student:teacher ratio
12.6:1
District
Gardner
High
Gardner Academy for Learning and Technology
0.64 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
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).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks14
Schools7
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Gardner, from live MLS data.

On the market 44 days -- 49 fewer days than Gardner's current average of 93 days.
For reference, the median list price across 164 active listings in Gardner right now is $382,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 20 days ago.

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.