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    205-213 Main St

    Gardner, MA 01440
    • $179,000
    • STATUS: Active
    • MLS #: 72701057
    UPDATED: 53 min ago
    $179,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,725
      SQFT
    • $48
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of David King of Re/Max Patriot Realty.

    Description

    IN A WORD - CAP RATE 6! How can you get a better investment then a proposed CAP Rate of 6! This is a building that needs work, inside and out. The front is 3 great retail spaces. The 2nd floor is 4 apartments. The back building has 1 large 2 door garage commercial space. The second floor has a 2 bedroom apartment and a 1 bedroom. Between the two buildings are 2 garages you can assign or rent out. THIS BUILDING NEEDS WORK, in the CAP Rate sheet attached is a $300,000 budget to redo the building. With this $300k the CAP RATE is 6! Don't miss this, RIGHT ON MAIN STREET across from the police station. Fantastic Visibility. Buyer must do their own due diligence with the property and the city for all new renovations.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-12-04T09:07:31.157.
    www.dotcollectionma.com/homes/108388953
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    205-213 Main St Gardner, MA 01440

    • Price: $179,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 72701057
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,725
    SQFT
    $48
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    IN A WORD - CAP RATE 6! How can you get a better investment then a proposed CAP Rate of 6! This is a building that needs work, inside and out. The front is 3 great retail spaces. The 2nd floor is 4 apartments. The back building has 1 large 2 door garage commercial space. The second floor has a 2 bedroom apartment and a 1 bedroom. Between the two buildings are 2 garages you can assign or rent out. THIS BUILDING NEEDS WORK, in the CAP Rate sheet attached is a $300,000 budget to redo the building. With this $300k the CAP RATE is 6! Don't miss this, RIGHT ON MAIN STREET across from the police station. Fantastic Visibility. Buyer must do their own due diligence with the property and the city for all new renovations.
    Exterior Features

    Construction Frame Location Downtown Parking Features DetachedOpen Parking Spaces 32 Roof Material Membrane Site Condition DryLevel Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 2645.00 Rsf Building Sq Ft 2645.00 Total Building Sq Ft 3725.00 Waf Building Sq Ft 1080.00

    Property Features

    Assessed Value Building 145600.00 Assessed Value Land 72900.00 Assessed Value Total 218500.00 Commercial Industrial Type Commercial Disclosure Yes Disclosures The Property Has A Deed That Calls Out Access To Parking For 32 Spots. It is Not Clear To Me The DetailsBuyer Must Review The Documents For Confirmation. Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 3 Rsu Units 6 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 4313.00 Total Units 10 Utilities Public WaterPublic SewerNatural Gas110 Volts220 Volts Wau Units 1 Year Built Source Pr Zone Description Legal Conforming Zoning Mixed Use

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of David King of Re/Max Patriot Realty.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-12-04T09:07:31.157.
     
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    Dot Collection at Access
    12 Ericsson Street Suite 305
    Dorchester MA, 02122
    Listing courtesy of David King of Re/Max Patriot Realty.