
78 Greenwood Place Gardner — Photo 1 of 24
$369,900
Investment Analysis — 78 Greenwood Place
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 2-unit multi-family in 01440 carries an estimated $3,610/mo in gross rent — about a 7.73% cap rate and $28,605/yr in estimated NOI at the $369,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,844
Style
Multi Family
Built
1853
Welcome to this well-loved two-family home, proudly owned by the same family for many years and offering a wonderful opportunity for an owner-occupant, investor, or extended family. The first-floor unit offers the potential for four bedrooms, including one walk-through bedroom, along with an eat-in kitchen with laundry, full bath, and comfortable living room. The second-floor unit features one bedroom, an eat-in kitchen with laundry, full bath, and living room. Adding to the appeal is an enclosed wrap-around porch, perfect for relaxing or enjoying additional seasonal living space. Step outside and discover a beautifully wooded, terraced yard filled with established perennials, plus a rooftop deck offering a unique vantage point overlooking the grounds. A storage shed provides convenient space for tools and outdoor equipment. Recent improvements include updated electrical service, a new water tank, and a new furnace. As an added bonus, a television set and two portable air-conditioning units are included with the sale. A unique property with character, flexible living space, and plenty of potential—come see all this long-time family home has to offer!
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Washer • Dryer • Microwave
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path
Geography
Listing Agent: Wendy Poudrette
Listing Office: Foster-Healey Real Estate
MLS® Number: 73568969