16-18 Oriole Pending

Gardner,MA 01440

$ 1000000

10 Beds

7 Baths

7617 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,617 sqft

Price per Sqft $131

MLS Listing ID 73282244

Bedrooms 10

Full Baths 7

Year Built 1900

Annual Tax Amount $8,242

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Property Description

Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one “house” circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.

Location

State MA

County Worcester

Zoning Ukn

Direction Oak St to Way St to Oriole

Rooms

Basement Partially Finished

Exterior

Roof Type Shingle

Total Parking Spaces 14

Garage No

Building

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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