Active Under Contract
16 Days on market
78 Greenwood Place Gardner — Photo 1 of 24

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$369,900
Annual Taxes$4,318

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringTile, Vinyl, Carpet
BasementFull, Walk-Out Access, Dirt Floor, Concrete

Climate & Utilities

HeatingForced Air, Oil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter, Stone, Brick/Mortar
ZoningR1

Property & Lot

Acres0.37
SqFt Lot16,300
Lot FeaturesWooded

Amenities & Appliances

Range • Refrigerator • Washer • Dryer • Microwave

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path

Geography

Listing Provided By

Listing Agent: Wendy Poudrette

Listing Office: Foster-Healey Real Estate

MLS® Number: 73568969