Coco, Early & Associates | North Andover MA Listings. Real Estate

474 Main Street, Gardner, MA 01440  

Multi-Family
$740,000
Price
8
Units
7,804
Approx. GLA
Exceptional opportunity to purchase two parcels with three buildings offering 8 rental units. Situated on a perfect corner lot with close proximity to shopping, dining, major routes and other essential amenities. The properties that will convey together are 474 Main Street, 478 Main Street and 267 Sherman Street. Several upgrades including a 1 year old rubber roof, newer asphalt shingle roof, 3 new bathrooms and stacks, and updated appliances. All but two units are occupied offering you the opportunity to be an owner occupant landlord or to hand select your newest tenants. Some would say rents are below market leaving excellent opportunity for the new owner. All appliances will convey. Plenty of parking. We ask that you do not approach the property or tenants without permission. Please reach out for more information.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Crawl, Slab
List Price: $740,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Active
Beds: 12
Baths: 8
Half Baths: 1
Units: 8
Year Built: 1900
Year Round: Yes
Approx. GLA: 7,804
MLS#: 72700021
 
 
Interior
Basement: Yes
Flooring: Tile, Vinyl, Wall to Wall Carpet
Energy: Insulated Windows, Insulated Doors
Fireplaces: 1
Hot Water: Electric, Tank
Rooms: 31
Lead Paint: Yes
Total Floors: 3
Exterior
Water: No
Acres: 0.58
Lot Size: 25,370.00
Lot Description: Corner, Easements
Foundation: Fieldstone, Slab
Parking Spaces: 15
Parking Features: Off-Street, Stone/Gravel, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Construction: Other (See Remarks)
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Utility: for Gas Range, for Electric Range, for Electric Dryer, Varies per Unit
Exterior: Shingles, Vinyl, Other (See Remarks)
Exterior Features: Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $426,800
Taxes: $8,425
Tax Year: 2020
Book/Page: 21116/9
Warranty Available: No
Beach
Beach: No
Expenses
Gross Income: $39,600
Total Rent: $5,350
Net Income: $39,600
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access
Exclusions: Tenant property
Disclosure Declaration: No
Disclosure: Two parcels with 3 buildings being sold as one. Taxes and assessed value are the combination of both parcels. All information here deemed to be accurate, however, Buyer and/or Buyer agent to verify all information prior to making an offer. Rents are well under market value. No monies are in escrow.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 1 $700
Unit 2 5 2 0 2 1 0 No 1 $750
Unit 3 5 2 0 3 1 0 No 1 $750
Unit 4 3 1 0 1 1 0 No 1 $500
Units Extras
Unit 1
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen 
Unit 4
Rent Includes:  Water, Other (See Remarks)  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Rooms:  Living Room, Kitchen 
Common
Applicances:  None 
Map
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The listing office is Coco, Early & Associates and the listing agent is Early Group. The property listing data and information, or the images, 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, 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. and it's 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. The data was last modified on 12/18/2018 2:44:00 PM.
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