
460 Pleasant St Gardner — Photo 1 of 42
$364,900
Investment Analysis — 460 Pleasant St
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 3.59% cap rate and $13,118/yr in estimated NOI at the $364,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,313
Style
Single Family
Built
1880
Completely remodeled from top to bottom, this 3 bedroom home offers the benefits of extensive modern updates while maintaining plenty of character inside and out. The open concept first floor features waterproof luxury vinyl plank flooring throughout and a brand new kitchen with granite countertops, stainless steel appliances, new cabinetry and a separate walk in pantry. A door off the kitchen leads to the back deck overlooking the yard, while a convenient half bath completes the main level. Upstairs you'll find three bedrooms and a beautifully updated full bath with a tiled shower. Improvements include a new roof, new 200-amp electrical service and wiring throughout, an electric vehicle charging outlet, all new plumbing, a new heat pump water heater, four new heat pumps with condenser and an Energy Recovery Ventilation (ERV) system. This highly efficient, HERS-rated home(see attached report) was designed with energy savings and year round comfort in mind. Outside, enjoy the wraparound porch, spacious backyard and stone wall with a built in outdoor fireplace, an ideal setting for entertaining or relaxing. A walkout basement provides laundry hook ups and additional storage. Conveniently located close to Route 2 with easy access to shopping, restaurants and entertainment. With all extensive renovations already completed, this home is ready for its next owner. Schedule your showing today!
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: 657 sq ft (the lesser of 900 sq ft or half the 1,313 sq ft principal dwelling). Lot size: 10,890 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: The Fredette Group
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73568451
