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About this home
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!
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19 Franklin Ct, Gardner MA 01440
Gardner, MA 01440
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Property History
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Listed for Sale
Jul 15, 2025Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
07/15/2025 | 🏠 Listed for Sale | $689,000 | - | - | Original listing |