Active
11 Days on market
69 Nichols St Gardner — Photo 1 of 23

69 Nichols St Gardner — Photo 1 of 23

$950,000

Investment Analysis — 69 Nichols St

Gardner, MA 01440

Based on rent reported on the MLS listing, a 6-unit multi-family in 01440 carries $8,970/mo in gross rent — about a 7.67% cap rate and $72,860/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

6

SqFt

5,454

Style

5-9 Family

Built

1907

Outstanding investment opportunity — a fully occupied six-unit multi-family in Gardner! All six units feature 2-bedroom, 1-bath layouts, currently rented to paying tenants and generating stable, immediate rental income from day one. Built in 1907, the property offers 5,454 sq ft of living space on a 0.2-acre lot. Unbeatable location just minutes from Hannaford and Price Chopper supermarkets, Pulaski Playground & Dog Park, Maki Park, and Gardner Elementary School — an easy draw for tenants and a strong long-term hold for investors. A true turnkey cash-flowing asset in a convenient, amenity-rich Gardner neighborhood. Don't miss this one!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$950,000
Annual Taxes$8,946

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms30
FireplacesNone
FlooringHardwood
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningR1

Property & Lot

Acres0.2
SqFt Lot8,900
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Public School

Geography

Listing Provided By

Listing Agent: Olivia Grabka

Listing Office: Realty Negotiations, LLC

MLS® Number: 73570478