Sold for $705,000

$705,000

19 Franklin Ct, Gardner, MA 01440

6beds

4,338sqft

5-9 Family

Built in 1900

-- sqft lot

$715,300 Zestimate^®

$163/sqft

$2,008 Estimated rent

Home value

$715,300

$658,000 - $780,000

$2,008/mo

Zestimate^® history

Owner options

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$2,008/mo

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$2,008/mo

Rent Zestimate^®

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$4,522/mo

Est. payment

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$4,522/mo

Est. payment

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What's special

Dine-in kitchenCoin-operated washer and dryer

OFFER DEADLINE TUESDAY 7/22 at 12PM. Investors, check out this spectacular 6-family investment opportunity! Currently producing an 8% cap rate with the potential to reach 9.5% at market rents, this well-maintained property generates over $95,000 in annual income. Spanning more than 4,000 square feet, it features six well-sized 1-bedroom units, each offering a dine-in kitchen, living room, pantry, and bedroom. A coin-operated washer and dryer in the building adds convenience and additional income potential. Conveniently located just seconds from downtown Gardner and a short drive to Route 2, this property offers strong cash flow, value-add upside, and easy access to amenities and commuter routes. Recent appraisal came in significantly higher than the list price, making this a rare opportunity to acquire instant equity. A perfect addition to any investment portfolio!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Cooling

Window Unit(s)

Features

Laundry Room, Living Room, Kitchen
Flooring: Vinyl, Hardwood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 4,338
Total interior livable area: 4,338 sqft
Finished area above ground: 4,338

Property

Parking

Total spaces: 7
Parking features: Paved Drive, Shared Driveway, Off Street, Common, Paved
Uncovered spaces: 7

Features

Patio & porch: Porch
Exterior features: Balcony

Lot

Size: 5,227 sqft

Details

Parcel number: 3535683
Zoning: R1

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Foundation: Block, Stone
Roof: Rubber

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, Public School, T-Station

Location

Region: Gardner

HOA & financial

Other financial information

Total actual rent: 7975

Price history

Date	Event	Price
10/7/2025	Sold	$705,000+2.3%$163/sqft
Source: MLS PIN #73404655 Report a problem
7/23/2025	Contingent	$689,000$159/sqft
Source: MLS PIN #73404655 Report a problem
7/15/2025	Listed for sale	$689,000+62.1%$159/sqft
Source: MLS PIN #73404655 Report a problem
9/11/2020	Sold	$425,000$98/sqft
Source: Agent Provided Report a problem
8/4/2020	Pending sale	$425,000$98/sqft
Source: LAER Realty Partners #72697296 Report a problem
7/23/2020	Listed for sale	$425,000$98/sqft
Source: LAER Realty Partners #72697296 Report a problem