This 3-unit investment property is ideally located near downtown Gardner and offers strong potential for steady returns. The building consists of three units: one 3-bedroom/1-bath, one 2-bedroom/1-bath, and one 1-bedroom/1-bath. The property has benefited from several capital improvements and cost-saving upgrades over the years, including vinyl siding repairs, updated electrical systems, a new roof installed in 2024, newer exterior stairs and decking, some ceiling and drywall repair, and a recently installed boiler. Units one and two are currently tenant-at-will (non-paying), presenting an opportunity for an investor to stabilize rents and increase overall income. With low operating expenses—tenants are responsible for their own heat and electricity—this property offers an attractive investment profile. With proper rental management and potential value-add improvements, this building presents a solid opportunity to generate consistent cash flow and long-term profit.
For sale
$450,000
274 Pleasant St, Gardner, MA 01440
6beds
3,914sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$491,300 Zestimate®
$115/sqft
$-- HOA
What's special
Recently installed boilerUpdated electrical systemsVinyl siding repairs
- 63 days |
- 473 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Michelle Peterson 603-831-6933,
Elm Grove Realty, LLC 603-821-0077
Source: MLS PIN,MLS#: 73510901
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Electric
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Varies
- Basement: Full,Walk-Out Access,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,914
- Total interior livable area: 3,914 sqft
- Finished area above ground: 3,914
Property
Parking
- Total spaces: 5
- Parking features: Shared Driveway, Off Street
- Uncovered spaces: 5
Lot
- Size: 10,454 Square Feet
- Features: Gentle Sloping
Details
- Parcel number: 3536197
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter, Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
Location
- Region: Gardner
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $359,300
- Annual tax amount: $5,160
- Date on market: 4/30/2026
- Listing terms: Contract
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$491,300
$432,000 - $555,000
$1,911/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $450,000+500%$115/sqft |
Source: MLS PIN #73510901 Report a problem | ||
| 2/23/2019 | Listing removed | $900 |
Source: Zillow Rental Manager Report a problem | ||
| 2/13/2019 | Listed for rent | $900 |
Source: Zillow Rental Manager Report a problem | ||
| 11/13/2017 | Listing removed | $900 |
Source: Zillow Rental Manager Report a problem | ||
| 10/21/2017 | Price change | $900+2.9% |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2017 | Listed for rent | $875 |
Source: Zillow Rental Manager Report a problem | ||
| 10/6/2014 | Sold | $75,000-21.1%$19/sqft |
Source: Public Record Report a problem | ||
| 8/22/2014 | Pending sale | $95,000$24/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 12/18/2013 | Listed for sale | $95,000-4.9%$24/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 11/14/2013 | Listing removed | $99,900$26/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 8/9/2013 | Listed for sale | $99,900+5.3%$26/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 7/3/2013 | Listing removed | $94,900$24/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 4/5/2013 | Price change | $94,900-5%$24/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 2/15/2013 | Listed for sale | $99,900-9.2%$26/sqft |
Source: One Stop Realty #71482586 Report a problem | ||
| 11/1/2011 | Listing removed | $110,000$28/sqft |
Source: One Stop Realty #70911969 Report a problem | ||
| 5/29/2011 | Price change | $110,000-12%$28/sqft |
Source: One Stop Realty #70911969 Report a problem | ||
| 10/22/2010 | Price change | $125,000-7.4%$32/sqft |
Source: Therese Rivard #70911969 Report a problem | ||
| 9/18/2010 | Listed for sale | $135,000-44.9%$34/sqft |
Source: Therese Rivard #70911969 Report a problem | ||
| 5/8/2009 | Listing removed | $245,000$63/sqft |
Source: MLS Property Information Network #70911969 Report a problem | ||
| 5/3/2009 | Listed for sale | $245,000-1.6%$63/sqft |
Source: MLS Property Information Network #70911969 Report a problem | ||
| 3/11/2008 | Listing removed | $249,000$64/sqft |
Source: MLS Property Information Network #70698879 Report a problem | ||
| 1/26/2008 | Listed for sale | $249,000+8.7%$64/sqft |
Source: MLS Property Information Network #70698879 Report a problem | ||
| 9/28/2006 | Sold | $229,000+40.9%$59/sqft |
Source: Public Record Report a problem | ||
| 8/25/2006 | Sold | $162,500+327.6%$42/sqft |
Source: Public Record Report a problem | ||
| 1/20/2000 | Sold | $38,000+26.7%$10/sqft |
Source: Public Record Report a problem | ||
| 5/19/1997 | Sold | $30,000-25%$8/sqft |
Source: Public Record Report a problem | ||
| 4/4/1996 | Sold | $40,000$10/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,160 +24.5% | $359,300 +30% |
| 2024 | $4,143 +5.3% | $276,400 +13.3% |
| 2023 | $3,934 +15.1% | $243,900 +32.6% |
| 2022 | $3,419 +8.5% | $183,900 +17% |
| 2021 | $3,150 +11.6% | $157,200 +9.9% |
| 2020 | $2,823 +3.7% | $143,000 +5.8% |
| 2019 | $2,721 +6.9% | $135,100 +7.6% |
| 2018 | $2,546 +1.5% | $125,600 +2.5% |
| 2017 | $2,509 +0% | $122,500 |
| 2016 | $2,508 -15.1% | $122,500 -17.1% |
| 2015 | $2,953 +4.9% | $147,800 -0.9% |
| 2014 | $2,814 +8.1% | $149,100 |
| 2013 | $2,603 -5.3% | $149,100 -9.6% |
| 2012 | $2,749 +7.6% | $164,900 +1.2% |
| 2011 | $2,554 +2.2% | $163,000 -3% |
| 2010 | $2,498 -11.4% | $168,100 -22.1% |
| 2009 | $2,819 +6.5% | $215,700 -1.3% |
| 2008 | $2,646 -1.4% | $218,500 -5.2% |
| 2007 | $2,683 +12.1% | $230,500 +18.6% |
| 2006 | $2,393 +1.3% | $194,400 +3.4% |
| 2005 | $2,363 +20.9% | $188,000 +75.2% |
| 2004 | $1,954 +2.8% | $107,300 |
| 2003 | $1,901 +3.5% | $107,300 |
| 2002 | $1,836 +8.4% | $107,300 +21.7% |
| 2000 | $1,693 | $88,200 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 01440
Nearby schools
GreatSchools rating
- 2/10Gardner Middle SchoolGrades: 5-7Distance: 1.5 mi
- 4/10Gardner High SchoolGrades: 8-12Distance: 1.2 mi
- 2/10Gardner Elementary SchoolGrades: PK-4Distance: 1.5 mi
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- Massachusetts
- Worcester County
- Gardner
- 01440
- 274 Pleasant St
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