18 Days on market
123 Saunders Street Gardner — Photo 1 of 42

123 Saunders Street Gardner — Photo 1 of 42

$519,900

Investment Analysis — 123 Saunders Street

Gardner, MA 01440

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01440 carries an estimated $2,000/mo in gross rent — about a 2.34% cap rate and $12,180/yr in estimated NOI at the $519,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

2,102

Style

Single Family

Built

1986

Offered for the first time by its original owner! Set on approximately 3.5 acres, this spacious Cape offers a rare combination of privacy, room to spread out and a convenient Gardner location. A long paved drive welcomes you to this well-loved home, surrounded by a beautiful wooded setting while remaining convenient to Route 2 and area amenities. With approximately 2,102 sq. ft. of living area, the home features 3 bedrooms and 2 full baths with a flexible floor plan designed for comfortable everyday living.A standout feature is the generously sized first-floor main bedroom and full bath, providing an excellent opportunity for those seeking the convenience of single-level living. The main level offers multiple spaces for gathering and entertaining, including a fireplaced living room with wood flooring and French doors, a spacious dining room with wood floors, bay window and built-ins, and a warm, inviting family room with cathedral ceiling, abundant natural woodwork and direct access to the deck. The kitchen features extensive cabinetry, a breakfast bar, recessed lighting and an open connection to the adjoining living space.Upstairs are two additional generously sized bedrooms, including one with a walk-in closet, along with a second full bath. The full unfinished basement provides substantial additional space for storage, hobbies, workshop needs or future possibilities.The approximately 3.5-acre lot is a feature all its own, offering an impressive amount of outdoor space in a wooded setting that feels tucked away from the everyday. Enjoy the deck, storage shed, paved driveway and attached two-car garage with garage door opener and convenient side entry. Additional features include 200-amp electrical service, central vacuum, whole-house fan, broadband availability, recent roofing and a passed Title 5.Commuters will appreciate convenient access to Route 2, while shopping, restaurants, golf, medical facilities and other area amenities are nearby. Parks, trails and outdoor recreation opportunities throughout the Gardner area add even more to the location. After decades with its original owner, 123 Saunders Street is ready for its next chapter and offers a wonderful opportunity to bring your own ideas and personal touches to a home with space, character, acreage and an exceptionally versatile layout.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,102 sq ft principal dwelling). Lot size: 152,347 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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$519,900
Annual Taxes$6,060

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Tile, Vinyl, Carpet, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Oil, Wood
CoolingNone, Whole House Fan
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Metal
FoundationConcrete Perimeter
ZoningRR2 AND I1

Property & Lot

Acres3.5
SqFt Lot152,347
Lot FeaturesWooded, Gentle Sloping, Level

Amenities & Appliances

Water Heater • Tankless Water Heater • Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Golf • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomMaster Bedroom
Main,First
Bathroom 1
Living Room
Lvl First

19.5 x 13.083333333

Ceiling Fan(s), Flooring - Wood, French Doors

Dining Room
Lvl First

13.5 x 15.833333333

Ceiling Fan(s), Flooring - Wood, Window(s) - Bay/Bow/Box, French Doors, Open Floorplan

Kitchen
Lvl First

13.5 x 9.25

Flooring - Vinyl, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting

Family Room
Lvl First

13.833333333 x 11.25

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Deck - Exterior

Master Bedroom
Lvl First

23 x 13.25

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

15.833333333 x 13.083333333

Bedroom 3
Lvl Second

13.25 x 11.333333333

Flooring - Wall to Wall Carpet

Bathroom 1
Lvl Main,First

7.916666666 x 7.916666666

Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Washer Hookup

Bathroom 2
Lvl Second

10.75 x 5.833333333

Bathroom - Full, Bathroom - With Tub, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Pocket Door

Listing Provided By

Listing Agent: Kurt Thompson

Listing Office: RE/MAX Liberty

MLS® Number: 73567810