#73351734, Ryan Miranda, Listing Office: Nixon Homes LTD
88 Main Gardner, MA 01440
Property details
About 88 Main
This well-maintained 13-unit building offers a strategic mix of five commercial units and eight residential units, including a total of six-one bedrooms, one studio unit, and one two-bedroom unit. The property has been thoughtfully upgraded, including a conversion from oil to natural gas with a central heating system, reducing maintenance costs and ensuring more efficient operation with just one heating unit to manage. Several residential units have been modernized, enhancing their appeal to tenants. The building also benefits from a fully sprinklered system, ensuring safety and peace of mind for all occupants.With impressive financials, the property generates substantial gross rental income and operates with a net operating income of over $100,000. The ease of maintenance, coupled with its attractive income potential, makes this a solid investment opportunity.
Highlights
(Price Changed)
Summary
- MLS Number: 73349442
- MLS Name: MLS Property Information Network
- Office Name: Four Points Real Estate, LLC
- Office Phone: (888) 944-5827
- Listing Agent: Candor Realty Group
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Last updated on: 4/9/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,374,900
88 Main
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Elm Street School
Public District 2-4
0.6 mi
•160 Elm St
3
Templeton Center Elementary School
Public District KG-1
4.0 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 $55,648. Most Gardner, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 88 Main in Gardner, MA and zip code 01440. This 12,667 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 8 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $1,374,900.
While more than 6 listings in Gardner, MA in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. The number of listings in Gardner, MA increased by 15.1% between February and March 2025. Listings spent 55 days on the market in March 2025, and had a median list price of $395,000 during the same period.