$689,000
19 Franklin Ct
Gardner, MA, 01440
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!
Property Details
Price:
$689,000
MLS #:
73404655
Status:
Active Under Contract
Beds:
6
Baths:
6
Address:
19 Franklin Ct
Type:
Multi Family
Subtype:
5-9 Family
City:
Gardner
Listed Date:
Jul 15, 2025
State:
MA
Finished Sq Ft:
4,338
Total Sq Ft:
4,338
ZIP:
01440
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
6
Schools
Elementary School:
Gardner Element
Middle School:
Gardner Middle
High School:
Gardner High
Interior
Bathrooms
6 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Vinyl, Hardwood
Heating
Oil
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T- Station
Exterior Features
Balcony
Parking Features
Paved Drive, Shared Driveway, Off Street, Common, Paved
Parking Spots
7
Roof
Rubber
Financial
Tax Year
2025
Taxes
$6,682
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Four Points Real Estate, LLC. 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.
19 Franklin Ct
Gardner, MA
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