Active
82 Days on market
104-108 Parker St Gardner — Photo 1 of 41

104-108 Parker St Gardner — Photo 1 of 41

$579,000

Investment Analysis — 104-108 Parker St

Gardner, MA 01440

Based on rent reported on the MLS listing, a 4-unit multi-family in 01440 carries $4,965/mo in gross rent — about a 6.83% cap rate and $39,564/yr in estimated NOI at the $579,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

6,958

Style

4 Family

Built

1888

Exceptional mixed-use investment opportunity in the heart of Gardner! Fully occupied and generating $75,180 in annual gross income, this turnkey property features two commercial units and two residential apartments, offering a diversified mix of income streams. The first-floor commercial space is occupied by a medical spa, while the third-floor commercial space is home to an art studio. Situated between them are two residential apartments, creating a well-balanced layout. A detached 3-car garage with a spacious second level provides valuable storage and future potential. Benefit from a high-visibility downtown location with a mix of ample off-street, metered on-street, and nearby municipal parking. Centrally located within walking distance to shops, restaurants, public transportation, services, and other everyday conveniences. Ideal for investors seeking strong in-place income, full occupancy, turnkey condition, and future upside potential.

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 MLS and other third-party data may be inaccurate or out of date.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$579,000
Annual Taxes$5,717

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms21
FireplacesNone
FlooringTile, Varies, Hardwood
BasementFull, Walk-Out Access

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock, Stone, Brick/Mortar
ZoningC1

Property & Lot

Acres0.15
SqFt Lot6,358
Lot FeaturesCleared, Gentle Sloping

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Candor Investment Group

Listing Office: eXp Realty LLC

MLS® Number: 73540486