57 Green Street

Gardner, MA 01440

$1,100,000
Price
10
Beds
8
Baths
4,932 Sq. Ft.
$223 / Sq. Ft.
4,932
Sq. Ft.
$223
per Sq. Ft.

Description

This well-maintained 8-unit property at 55-57 Green St Gardner, MA, consists of six 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, totaling 4,932 sq. ft. of living space on a 0.45-acre parcel. Recent upgrades include a new roof (2024), a renovated common area, and seven extensively updated units featuring granite countertops, stainless-steel appliances, modern bathrooms, and new flooring. The opportunity exists to increase rents in the renovated units and implement upgrades to the...This well-maintained 8-unit property at 55-57 Green St Gardner, MA, consists of six 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, totaling 4,932 sq. ft. of living space on a 0.45-acre parcel. Recent upgrades include a new roof (2024), a renovated common area, and seven extensively updated units featuring granite countertops, stainless-steel appliances, modern bathrooms, and new flooring. The opportunity exists to increase rents in the renovated units and implement upgrades to the remaining unrenovated unit to maximize rental income. Conveniently located along Gardner’s primary north-south corridor, the property offers easy access to Downtown Gardner, Heywood Hospital, Mount Wachusett Community College, Crystal Lake, and the Route 2 corridor. This is a prime investment opportunity in a supply-constrained rental market.
  1. Listed by Ethan Lazar • Horvath & Tremblay

Property Details for 57 Green Street

Town
Gardner
Area
MA-Gardner
Garage Spaces
0
Parking Spaces
12.00
Parking Spaces Total
12
LISTING UPDATED: 12/05/2024 04:04 PM

Property Details for 57 Green Street

StatusUnder Agreement
MLS #73315489
Days on Market10
Taxes$6,991 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyWorcester County

Building Information for 57 Green Street

Stories7Residences8Year Built1900Building Size-Lot Size0.45 AC / 19,500 SF

Property Information for 57 Green Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 4932.0
  • SqFt with Basement: No
  • Total Units: 8
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 8.0
  • Num of Full Baths: 8
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 8.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:R27 B:12 L:20,3537783
  • Assessments: $466,400
  • Book: 66762
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $834.00
  • Annual Expenses Source: Owner
  • GOI: $127,620.00
  • Gross Scheduled Income: $2,483.00
  • Insurance: $5,477.00
  • GRE: $42,950
  • HTE: $10,039
  • MSE: $4,920
  • RFS: $4,620
  • RME: $4,000
  • NOI: $78,385.00
  • Operating Expense: $42,950.00
  • WSE: $3,586.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,475.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5

Property History for 57 Green Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 57 Green Street

Taxable ValueLand$67,500Additions$398,900Total$466,400
Tax Record2024$6,991 ($583 / month)
Home Facts
Baths8Total Finished SqFt4,932 SqFtAbove Grade Finished SqFt4,932 SqFtStories2Lot Size19,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyWORCESTERAPNGARD M:R27 B:12 L:20

Schools near 57 Green Street

This home is within Gardner School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 8 to 12
Public - 5 to 7
Public - PK to 1
Rating
School
Distance
Gardner Elementary School
PublicPK to 4

Gardner High School
Public8 to 12

Gardner Middle School
Public5 to 7

Waterford Street
PublicPK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Horvath & Tremblay, Ethan Lazar

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.