$ 689,000

19 Franklin Ct

Gardner, MA 01440

  • 6 Beds
  • 6 Baths
    Full Baths: 6
  • 4,338 SqFt
  • 5,227 Lot Size
  • 1900 Year Built
OFFER DEADLINE TUESDAY 7/22 at 12PM. 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!
Listed by Candor Realty Group of Four Points Real Estate, LLC , Sold By Teresa J. Lupien of Morin Real Estate

PROPERTY DETAIL

  • Key Details

    Sold Price Non-Disclosure

    Property Type Multi-Family

    Sub Type 5-9 Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 4, 338 sqft

    Price per Sqft $162

    MLS Listing ID 73404655

    Sold Date 10/07/25

    Bedrooms 6

    Full Baths 6

    Year Built 1900

    Annual Tax Amount $6,682

    Tax Year 2025

    Lot Size 5,227 Sqft

    Acres 0.12

    Property Sub-Type 5-9 Family

  • Location

    State MA

    County Worcester

    Zoning R1

    Direction Please use GPS.

  • Rooms

    Basement Unfinished

  • Building

    Story 5

    Foundation Block, Stone

    Sewer Public Sewer

    Water Public

  • Interior

    Interior Features Laundry Room, Living Room, Kitchen

    Heating Oil

    Cooling Window Unit(s)

    Flooring Vinyl, Hardwood

  • Exterior

    Exterior Feature Balcony

    Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station

    Utilities Available for Electric Range

    Roof Type Rubber

    Total Parking Spaces 7

    Garage No

  • Schools

    Elementary Schools Gardner Element

    Middle Schools Gardner Middle

    High Schools Gardner High

  • Others

    Senior Community false

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