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3 Days on market
193 Logan St Gardner — Photo 1 of 40

193 Logan St Gardner — Photo 1 of 40

$410,000

Investment Analysis — 193 Logan St

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 $3,120/mo in gross rent — about a 5.79% cap rate and $23,724/yr in estimated NOI at the $410,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

2,242

Style

Multi Family

Built

1916

Great opportunity for an owner-occupant or investor! This spacious Gardner 2-family offers two well-sized units full of character, charm and flexibility. Each unit is currently set up as a 2 bedroom, 1 bath with living room, dining room and kitchen, but the generous room sizes and versatile layouts may offer the potential to rework the living room or dining room for a possible 3rd bedroom, home office, or additional living space depending on your needs. Inside, you’ll find bright sun-filled rooms, beautiful woodwork, hardwood floors, built-ins and classic details that give this home so much warmth and personality. With approximately 2,242 sq ft of living space, an enclosed porch, full basement, city water and sewer, and off-street parking, there is plenty to work with here. Conveniently located close to shopping, parks, walking trails, golf, medical facilities and highway access.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$410,000
Annual Taxes$4,730

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Hardwood
BasementFull, Interior Entry

Climate & Utilities

HeatingCentral, Baseboard, Oil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR1

Property & Lot

Acres0.11
SqFt Lot4,634
Lot FeaturesEasements, Sloped

Amenities & Appliances

Range • Refrigerator

Neighborhood

Shopping • Pool • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Listing Provided By

Listing Agent: Linda Anderson

Listing Office: Keller Williams Realty North Central

MLS® Number: 73574298