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Sold on 12/05/2024

57 Green St, Gardner, MA 01440

$795,000

Last sold 12/05/2024 for $1.07M

  • 10

    bed

  • 8

    bath

  • 4,932

    Sqft ($217/Sqft)

Multi-family not for sale
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About 57 Green St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.45 Acre
Movoto estimate
Property description
This well-maintained 8-unit property at 55-57 Green St Gardner, MA, consists of six 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, totaling 4,932 sq. ft. of living space on a 0.45-acre parcel. Recent upgrades include a new roof (2024), a renovated common area, and seven extensively updated units featuring granite countertops, stainless-steel appliances, modern bathrooms, and new flooring.The opportunity exists to increase rents in the renovated units and implement upgrades to the remaining unrenovated unit to maximize rental income. Conveniently located along Gardner’s primary north-south corridor, the property offers easy access to Downtown Gardner, Heywood Hospital, Mount Wachusett Community College, Crystal Lake, and the Route 2 corridor.This is a prime investment opportunity in a supply-constrained rental market.
Listed by
Listing Agent - Ethan Lazar
Listing Office - Horvath & Tremblay
Source: MLS Property Information Network, Inc. mls logo
MLS#73315489 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 3 minutes ago
Overview
Levels/Style 5, 5
MLS # 73315489
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 4932
Lot Size (SqFt) 19500
Lot Size (Acres) 0.45
Annual Property Tax 6991
Year Built 1900
Interior
Total # of Bathrooms 8
# Full Baths 8
Total # of Bedrooms 10
Total # of Rooms 21
Exterior
Foundation Stone
Parking Desc Paved Drive, Off Street
# Parking Spaces 12
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
County Worcester
Zoning R1
APN M:R27 B:12 L:20, 3537783
Directions Use GPS
Multifamily Details
Net Operating Income 78385
Operating Expense 42950
Total Actual Rent 10475
Financial Data Source Owner
Expense: Water/ Sewer 3586
Gross Income 127620
Expense: Electricity 834
Gross Scheduled Income 2483
$795K
Range: $548K-$1.04M
Last 30 days 
  • Jan 2025
    mls logo MLS # 73315489
  • Jan 23, 2025 Sold
    $1,070,000 (-2.7%)
  • Nov 25, 2024 Listed
    $1,100,000
  • Year Property taxes Tax assessment
  • 2025
    $7,957 +13.8%
    $554,100 +18.8%
  • 2024
    $6,991 +1.0%
    $466,400 +8.69%
  • 2023
    $6,921 +20.2%
    $429,100 +38.51%
  • 2022
    $5,759 +9.9%
    $309,800 +18.52%
  • 2021
    $5,238 +3.7%
    $261,400 +2.19%
  • 2020
    $5,049
    $255,800
  • 57 Green St
    $1.07M
  • Gardner
    $398K -2% y/y
  • 01440
    $375K +8% y/y
  • Gardner
    $398K -2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Gardner High School
public Grades 8-12
Gardner School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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