#73382886, Pat Bagni Latimer, Listing office: MA Real Estate Center
$689,000 List price
19 Franklin Ct Gardner, MA 01440
6 beds
6 full
4,338 sqft
0.1 acres
$159 / sqft
Multi-Family
Property details
About 19 Franklin Ct
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! Open houses Sat 7/19 & Sun 7/20 from 11AM-12:30PM.
Highlights
Home typeMulti Family
HeatingOil
StatusActive
(New)
(New)
CoolingWindow Unit(s)
Size4,338 sqft
BasementYes
Lot size0.12 Acres
Year built1900
ParkingPaved Drive, Shared Driveway, Off Street, Common, Paved
MLS #73404655
Summary
- Full Bathrooms: 6
- Basement: Yes
- Flooring Type: Vinyl, Hardwood
- Interior: Laundry Room, Living Room, Kitchen
- Total Bedroom Count: 6
- Parking: Paved Drive, Shared Driveway, Off Street, Common, Paved
- Exterior: Balcony
- Heating: Oil
- Cooling: Window Unit(s)
- List Price: $689,000
- Price/SqFt: $158
- Annual Tax Amount: $5,876
- Tax Year: 2024
- Directions: Please use GPS.
- Year Built: 1900
- Stories: 5
- Living Area: 4,338 SqFt
- Lot Size: 0.12 Acres
- MLS Number: 73404655
- MLS Name: MLS Property Information Network
- Office Name: Four Points Real Estate, LLC
- Office Phone: (888) 944-5827
- Listing Agent: Candor Realty Group
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 9:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2022 | Home Sold | $2,800,000 |
| Apr 06, 2022 | Home Sold | $624,000 |
| Sep 11, 2020 | Home Sold | $425,000 |
| Aug 17, 2004 | Home Sold | $355,000 |
| Jul 01, 1991 | Home Sold | $115,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $392,000 | $5,876 |
| 2023 | $360,900 | $5,821 |
| 2022 | $283,100 | $5,263 |
| 2021 | $234,800 | $4,705 |
| 2020 | $229,700 | $4,534 |
| 2019 | $209,600 | $4,221 |
History based on county public records data.
Nearby schools
3
Elm Street School
Public District 2-4
0.8 mi
•160 Elm St
3
Templeton Center Elementary School
Public District KG-1
3.9 mi
•17 South Rd
4
John R. Briggs Elementary School
Public District PK-5
4.4 mi
•96 Williams Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,855. The most common annual income of people living in Gardner, MA is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
49%
<35k
41%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
65%
Single, No Kids
14%
Single, with Kids
14%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
Motocross
Where do the neighbors shop?
Family Dollar
Stein Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Bob Evans
Sonic
What do the neighbors drive?
Ford
Buick
Oldsmobile
What do the neighbors listen to?
New Country
Adult Standards
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 19 Franklin Ct
The listing price of 19 Franklin Ct property is $689,000.
The property 19 Franklin Ct is a multi located in Gardner, Massachusetts, 01440.
Active Listing: 19 Franklin Ct is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 19 Franklin Ct are: Elm Street School (GreatSchools Rating 3/10), Templeton Center Elementary School (GreatSchools Rating 3/10), John R. Briggs Elementary School (GreatSchools Rating 4/10), Gardner Middle School (GreatSchools Rating 3/10), Narragansett Middle School (GreatSchools Rating 5/10), Overlook Middle School (GreatSchools Rating 6/10), Gardner Academy for Learning and Technology (GreatSchools Rating 2/10), Gardner High School (GreatSchools Rating 5/10), Narragansett Regional High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,876 (source: MLS/based on county public records data).
The last sale was on August 12, 2022 for $2,800,000 (source: MLS/tax record).
The property 19 Franklin Ct is 4,338 SqFt (source: MLS/tax record).
The year of construction for 19 Franklin Ct is 1900.
This home is located at 19 Franklin Ct in Gardner, MA and zip code 01440. This 4,338 square foot home, which was built in 1900, sits on a 0.12 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $689,000.
Gardner, MA housing market in June 2025 saw over 6 listings sold above listed price, more than 6 sold at listed price and over 8 sold below. The number of listings in Gardner, MA increased by 5.7% between May and June 2025. In June 2025 median list price was $386,000 and the average listing age was 51 days.
From Rocket Homes Real Estate and based on county public records data.