OFF MARKET

Off market sep 2024 for $513K

—

•

4,110

sq ft

199 Main St, Gardner, MA 01440

About this home

Fully occupied and brimming with potential, this 5-unit property nestled in the heart of Gardner presents an unparalleled investment opportunity. With four 1 bed, 1 bath units and one 3 bed, 1 bath unit, there's versatility to cater to various tenant preferences. Additionally, two units offer the exciting possibility of conversion into spacious 2 bed units, amplifying rental income potential. Separate electrical utilities. Situated in the highly sought-after city of Gardner, this property is a rare find in a coveted location with steady rental demand. Explore flexible financing options with potential seller financing. This is your exclusive opportunity to unlock the full potential of this investment gem. Seller financing may be available. The seller may also be open to selling as a package deal with 59 Church Street, Leominster, MA. Showings every Saturday, 11-12 by appointment only. All parties to be accompanied by a Buying Agent.

Multi-familyProperty Type

1900Year Built

6,725 sq ftLot Size

$125Price/Sq.Ft.

6 spacesParking

Listed by The Merrill Group • Naples Realty Group

Bought with Candor Realty Group • Four Points Real Estate, LLC

Redfin checked: 2 minutes ago

•Source:MLS PIN #73216591

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 01440, MA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

102.5%

+0.3% MoM

Median sale price

$400K

$2K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

8 MoM

New listings for sale

OPEN TODAY, 12:30PM TO 2:30PM
$339,900
2 beds1 bath1,180 sq ft
87 Monadnock St, Gardner, MA 01440
$259,777
4 beds2 baths2,024 sq ft
32 Sunset Rd, Gardner, MA 01440
OPEN TODAY, 11:30AM TO 1PM
$569,999
9 beds3 baths2,700 sq ft
133 Baker St, Gardner, MA 01440
$369,000
4 beds2 baths1,815 sq ft
13 Lovewell St, Gardner, MA 01440
OPEN TODAY, 12PM TO 1:30PM
$359,000
3 beds1 bath1,734 sq ft
282 Parker St, Gardner, MA 01440
OPEN SUN, 11:30AM TO 1PM
$339,900
4 beds2 baths1,696 sq ft
17 Sand St, Gardner, MA 01440
OPEN TODAY, 12PM TO 2PM
$415,000
3 beds2 baths1,272 sq ft
30 Robillard St, Gardner, MA 01440
See all

Provided by Redfin

Sale history for 199 Main St

Date

Event

Price

MLS PIN #73216591

Sep 26, 2024

Sold

$513,000

$125/sq ft

May 15, 2024

Contingent

—

Apr 3, 2024

Relisted

—

Apr 2, 2024

Listing Removed

—

Mar 26, 2024

Listed

$513,000

$125/sq ft

MLS PIN #72701808

Jul 13, 2021

Sold

$305,000

$74/sq ft

Dec 4, 2020

Contingent

—

Nov 13, 2020

Price Changed

$339,000

$82/sq ft

Jul 31, 2020

Listed

$349,000

$85/sq ft

+37

Looking for a good CAP RATE investment with long term tenants, this building is perfect for you. Some of the tenants have been there for over 15 years. Great location, all units are full. Easy access to food shopping, public transportation and very safe as the police department is across the street. The CAP RATE on this building today is projected at 11%. The building needs 2 small electrical boxes replaced as they have fuses. The building is in good shape, flat floors, and happy tenants. Don't miss out on this great investment with built-in revenue. Please review the building photos, the floor plan, and ask your realtor to call for more details.

Year

Property tax

Land + Additions

Assessment*

2023

$4,931 (+19.9%)

$59,700 + $246,000

$305,700

2022

$4,112 (+9.8%)

$45,200 + $176,000

$221,200

2021

$3,745 (+3.6%)

$39,300 + $147,600

$186,900

2020

$3,614 (+6.8%)

$39,300 + $143,800

$183,100

2019

$3,384 (+14.4%)

$39,300 + $128,700

$168,000

2018

$2,959 (+4.4%)

$39,300 + $106,700

$146,000

2017

$2,834

$39,300 + $99,100

$138,400

2016

$2,833 (−13.0%)

$39,300 + $99,100

$138,400

2015

$3,257 (−13.1%)

$39,300 + $123,700

$163,000

2014

$3,748 (+1.4%)

$43,700 + $154,900

$198,600

2013

$3,695 (+8.5%)

$43,700 + $167,900

$211,600

2012

$3,406 (−5.3%)

$41,800 + $162,500

$204,300

2011

$3,598 (+0.2%)

$41,800 + $187,800

$229,600

2010

$3,592 (+6.2%)

$41,800 + $199,900

$241,700

2009

$3,383

$49,500 + $209,300

$258,800

Tax history for 199 Main St

Year

Property tax

Land + Additions

Assessment*

2023

$4,931 (+19.9%)

$59,700 + $246,000

$305,700

2022

$4,112 (+9.8%)

$45,200 + $176,000

$221,200

2021

$3,745 (+3.6%)

$39,300 + $147,600

$186,900

2020

$3,614 (+6.8%)

$39,300 + $143,800

$183,100

2019

$3,384 (+14.4%)

$39,300 + $128,700

$168,000

2018

$2,959 (+4.4%)

$39,300 + $106,700

$146,000

2017

$2,834

$39,300 + $99,100

$138,400

2016

$2,833 (−13.0%)

$39,300 + $99,100

$138,400

2015

$3,257 (−13.1%)

$39,300 + $123,700

$163,000

2014

$3,748 (+1.4%)

$43,700 + $154,900

$198,600

2013

$3,695 (+8.5%)

$43,700 + $167,900

$211,600

2012

$3,406 (−5.3%)

$41,800 + $162,500

$204,300

2011

$3,598 (+0.2%)

$41,800 + $187,800

$229,600

2010

$3,592 (+6.2%)

$41,800 + $199,900

$241,700

2009

$3,383

$49,500 + $209,300

$258,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,534 Sq. Ft.

Year renovated

—

Sq. Ft.

4,110

Year built

1900

Style

Multi-Family (5+ Unit)

County

Worcester County

APN

3536220

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway

Interior

Bathroom Information
# of Bathrooms (Full): 5

Basement Information
Basement: Full

Interior Features
# of Rooms (Total): 22

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: N

Unit #4 Information
# of Levels: 1
# of Floors: 3
Lease: N

Exterior

Building Information
Building Area (Total): 4,110
Foundation Details: Stone
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Unknown/Mixed

Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down

Lot Information
Lot Size (Acres): 0.15
Lot Features: Easements

Financial

Tax Information
Tax Annual Amount: $4,965
Tax Year: 2024

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Heating
Heating: Oil

Location

Location Information
Directions: Route 2 to Main St.
UnparsedAddress: 199 Main St., Gardner MA 01440

Community Information
Senior CommunityYN: No

Public facts

Beds: 9
Baths: 5.0
Sq. Ft.: 4,110
Stories: 3.0
Lot Size: 6,534 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Worcester County
APN: 3536220

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

K - 12
Preschool & daycare

Gardner Middle School

Public 5-7 • Assigned • 1.4mi

2/10

Gardner High School

Public 8-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 92° expected this year, 17 days in 30 years

5/10 Wind Factor

26% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Gardner, MA • 01440

Average low and high temperatures (°F)

28°

14°

31°

15°

47°

27°

57°

36°

65°

47°

77°

57°

81°

62°

78°

55°

73°

51°

59°

41°

47°

32°

34°

18°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 01440

OPEN TODAY, 12:30PM TO 2:30PM

$339,900

2 beds1 bath1,180 sq ft

87 Monadnock St, Gardner, MA 01440

Walk-up attic • Large cellar • Heated garage

$259,777

4 beds2 baths2,024 sq ft

32 Sunset Rd, Gardner, MA 01440

Solid foundation • Functional layout • Conveniently located

OPEN TODAY, 11:30AM TO 1PM

$569,999

9 beds3 baths2,700 sq ft

133 Baker St, Gardner, MA 01440

5,626 sq ft lot • 4 parking spots • Built 1920

$369,000

4 beds2 baths1,815 sq ft

13 Lovewell St, Gardner, MA 01440

Curved hallway wall • Classic barn doors • 0.27 acre lot

OPEN TODAY, 12PM TO 1:30PM

$359,000

3 beds1 bath1,734 sq ft

282 Parker St, Gardner, MA 01440

Updated kitchen • Finished basement • Fenced-in backyard

OPEN SUN, 11:30AM TO 1PM

$339,900

4 beds2 baths1,696 sq ft

17 Sand St, Gardner, MA 01440

Two-family property • Enclosed porches • Detached garage

OPEN TODAY, 12PM TO 2PM

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New siding • New roof • New electrical

Home values near 199 Main St

Data from public records.

Address	Redfin Estimate
151 Main St, Gardner, MA 5 Beds \| 2 Baths \| 2963 Sq. Ft.	$394,919
178 Main St, Gardner, MA 11 Beds \| 4 Baths \| 5760 Sq. Ft.	—
148 Pleasant St, Gardner, MA 6 Beds \| 2 Baths \| 2988 Sq. Ft.	$424,037
223 Pleasant St, Gardner, MA 3 Beds \| 1 Baths \| 1232 Sq. Ft.	$324,307
214 Pleasant St, Gardner, MA 5 Beds \| 2 Baths \| 5314 Sq. Ft.	—
7 Willow St, Gardner, MA 10 Beds \| 10.5 Baths \| 4109 Sq. Ft.	—

Address	Redfin Estimate
183 Main St, Gardner, MA 6 Beds \| 3 Baths \| 3450 Sq. Ft.	$514,550
168 Main St, Gardner, MA 9 Beds \| 3 Baths \| 5556 Sq. Ft.	$509,399
142 Pleasant St, Gardner, MA 6 Beds \| 2 Baths \| 2480 Sq. Ft.	$385,934
242 Pleasant St, Gardner, MA 3 Beds \| 1 Baths \| 1030 Sq. Ft.	$301,037
194 Pleasant St, Gardner, MA 3 Beds \| 1 Baths \| 1109 Sq. Ft.	$311,822
266-2R Pleasant St, Gardner, MA 6 Beds \| 2 Baths \| 2088 Sq. Ft.	$210,373

Address	Redfin Estimate
191 Main St, Gardner, MA 10 Beds \| 5 Baths \| 4431 Sq. Ft.	$613,514
205-213 Main St, Gardner, MA 7 Beds \| 6 Baths \| 3725 Sq. Ft.	—
189 Pleasant St, Gardner, MA 6 Beds \| 2 Baths \| 2665 Sq. Ft.	$422,109
228 Pleasant St, Gardner, MA 4 Beds \| 2 Baths \| 1619 Sq. Ft.	$348,109
174 Pleasant St, Gardner, MA 7 Beds \| 4 Baths \| 4500 Sq. Ft.	$469,713
10-12 Willow St, Gardner, MA - Beds \| - Baths \| 1715 Sq. Ft.	$332,145

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 01440, MA

Sale history for 199 Main St

Tax history for 199 Main St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 01440

Home values near 199 Main St

More real estate resources