274 Pleasant St, Gardner, MA 01440
Worcester County
Key Facts
Description
This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1900
Stories
3
Living Area
3,914 sq ft
Lot Size
0.24 acres
Parking Spaces
5
Zoning
R
Days on Market
4
MLS® Listing#
73510901
Property Features
Appliances
Heating
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$5,160
Tax year 2026
Assessed Value
$359,300
Parcel Number
3536197
Directions
GPS will bring you here!
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Gardner, MA
- $427,778
- Median Listing Price
- 31
- Median Days on Market
- 1,756
- Median Sq Ft
- $238
- Median Price / Sq Ft
- 41
- Active Listings
- This home’s price is 5% above the area median.
- Its price per sq ft is 52% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Gardner, MA.
Location
- 274 Pleasant St, Gardner, MA 01440
Points of Interest in Gardner, MA
Showing the Gardner area map.
Nearby Schools
Holy Family Academy
School · 0.3 mi away
Waterford Street
School · 0.4 mi away
Sacred Heart of Jesus School
School · 0.6 mi away
Gardner Elementary School
Elementary · 0.7 mi away
Helen Mae Sauter Elementary School
Elementary · 0.7 mi away
Gardner High School
Secondary · 1.2 mi away
Gardner Elementary School
Elementary · 1.3 mi away
Prospect Primary School
Elementary · 1.3 mi away
Gardner Academy for Learning and Technology
School · 1.3 mi away
Gardner Middle School
Secondary · 1.4 mi away
Bethany Christian Nursery School
School · 1.5 mi away
Wachusett Hills Christian School
School · 2.6 mi away
Templeton Elementary School
Elementary · 3.8 mi away
Overlook Middle School
Secondary · 4.2 mi away
Narragansett Regional School District Templeton/Phillipston, Ma
School · 4.2 mi away
Narragansett School District
School · 4.2 mi away
Narragansett Middle
Elementary · 4.2 mi away
Narragansett Regional High School
Secondary · 4.2 mi away
Town of Ashburnham Ashburnham Westminster Regional School District
School · 4.4 mi away
Oakmont Regional High School
Secondary · 4.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 83 Chestnut Street, Gardner, MA | $474,900 | 5 | 2 | 2,745 |
| 77 Oak St, Gardner, MA | $500,000 | 9 | 3 | 4,206 |
| 205 Pine St, Gardner, MA | $525,000 | 5 | 3 | 1,816 |
Moving Cost Estimate
EXIT Agents in Gardner
Listing Courtesy: Elm Grove Realty, LLC - 6038210077
Presented by: Michelle Peterson