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8-12 Nichols St, Gardner MA 01440

Gardner, MA 01440
$564,900
$543,000
Est. $3,778/month
6
Beds
8
Baths
7,024
Sq Ft
$77
Price/Sq Ft
0.09
Acres
1920
Year Built
3
Parking
76
Days on Market
Pending Price Drop -$21,900 Listed Jan 28, 2026 • MLS# 73472427 Copied! • Updated Jun 12, 2026

About this home

Exceptional opportunity offering a 4-unit multifamily, plus commercial space ideally located near shopping, restaurants and major highways. Two units currently vacant. Features include gas heating systems, tenant-paid utilities, and parking. The property also includes a large first-floor commercial space, presenting a significant value opportunity ready for your finishing touches—bring your vision. Major capital improvements include a new rubber roof installed in 2023, in the process of installing an intercom system. This is a rare find-don’t miss out! Property to be sold as-is.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3.9%
Price Range

Property Timeline

Pending Sale
Apr 15, 2026
Offer accepted, sale pending
Price Reduced
Mar 5, 2026
$543,000 $21,900 (-3.88%)
From $564,900 to $543,000 (-3.9%)
🏠
Listed for Sale
Jan 28, 2026
$564,900
Original listing
Agent: Marilyn Garcia Office: Madelyn Garcia Real Estate

Tax History

Year Taxes Assessment
2025 $9,990 $695,700

Financial Details

Annual Property Tax
$9,990
Tax Year 2025
Assessed Value
$695,700

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1920
Living Area 7,024 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 8
Total Rooms 16

Investment Metrics

Units 4
Unit 1 Rent — · N
Unit 2 Rent $1,200/mo · N
Unit 3 Rent — · N
Unit 4 Rent $1,200/mo · N
Total Monthly Rent $2,400/mo
Gross Income $28,800
Net Operating Income $28,800
Cap Rate 5.30%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen, Living Rm/dining Rm Combo
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $9,990
Assessed Value $695,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures As-is
Exclusions Personal Property.
Possession None
Accepted Financing Seller W/participate
Structure Type []
House Color Beige
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 77 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
8
Living Area
7,024 sq ft
Total Rooms
16
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

8-12 Nichols St, Gardner MA 01440

Gardner, MA 01440

Listing Information

Listing Agent Marilyn Garcia
Listing Office Madelyn Garcia Real Estate
Office Phone 617-889-4800
Agent MLS ID BB802051
Office MLS ID BB3163
Listing Data Updated Jun 12, 2026 1:44 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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