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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.

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Gentle Sloping
  • Mls StatusActive
  • Parcel Number 3536197
  • Rent Includes Unit 1(Gas, Water), Unit 2(Gas, Water), Unit 3(Gas, Water)
  • Road Frontage DescriptionPaved

Location

  • Address274 Pleasant Street
  • Building Number274
  • CountyWorcester
  • StateMA
  • StreetPleasant Street
  • TownGardner
  • Zip01440

Property Information

  • Building Area Source Public Records
  • Living Area 3,914
  • Lot Size Square Feet 10,454
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,914

Tax Information

  • Tax Assessed Value $359,300
  • Tax Year 2026
  • Taxes$5,160

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Building

  • BasementFull, Walk-Out Access, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone, Brick/Mortar
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement, Golf

Parking

  • Open Parking YN Yes
  • Parking Features Shared Driveway, Off Street
  • Parking Spaces5

Basic Information

  • List Price$450,000
  • MLS Number73510901
  • Modification Date05/04/2026
  • Property SubType3 Family - 3 Units Up/Down

Property

  • Acreage0.24

Interior

  • Flooring Varies

Exterior

  • RoofShingle

Utilities

  • Electric Individually Metered
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Electric
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed04/30/2026
  • Farm Land Area Units Square Feet

Map Location

Listed by Michelle Peterson of Elm Grove Realty,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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