Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

19 Franklin Ct

Gardner, MA ID #73404655

Property Description

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! Open houses Sat 7/19 & Sun 7/20 from 11AM-12:30PM.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01440
  • Taxes: 6,682
  • Levels: 5
  • Acres: 0.12

Parking

  • Parking: Paved Drive, Shared Driveway, Off Street, Common, Paved
  • Parking Spaces: 7

Rooms/Dimensions

  • Total Units: 6
  • Total Floors: 5
  • Total Rooms: 18

Location

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19 Franklin Ct, Gardner, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Candor Realty Group of Four Points Real Estate, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.