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 t...
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Last Updated: April 5th, 2025 at 9:13am
Gross Income: $33,000
Gross Expenses: $60,935
Net Income Calc: $-27,935
CAP Rate: -2.00%
Annual Expenses for 88 Main, Gardner MA 01440
Total Gross Expenses (Calculated)$60,935/year
APOD AvailableYes
Heating$0
Electricity$3,763
Water$4,977
Gas$4,977
Insurance$10,000
Sewer$4,977
Trash Removal$3,554
Repair & Maintenance$0
Management$13,580
Miscellaneous$0
Real Estate Tax$8,664
Annual Income & Unit Breakdown for 88 Main, Gardner MA 01440
Total Gross Income (Calculated)$33,000
Unit 1
Rental Income1350
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 88 Main, Gardner MA 01440
Listing ID73349442
Property TypeMulti Family
Price$1,399,900 ($110.52/SqFt)
Style
CityGardner
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total12,667 SqFt
Approximate Lot Size (Acres)0.16 acres
Total Parking0
Garage Parking
Year Built1940
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionBlock,Brick/Mortar
Accessible Features
Outdoor Space
ZoningComm 1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 88 Main, Gardner MA 01440
Disclosures for 88 Main, Gardner MA 01440
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$81,730
Total Gross Income By Broker$194,004
Total Net Income By Broker$112,274
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation1%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Location Information for 88 Main, Gardner MA 01440