About 274 Pleasant St
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.
Features of 274 Pleasant St
| MLS® # | 73510901 |
|---|---|
| Price | $450,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,914 |
| Acres | 0.24 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 3 Family - 3 Units Up/Down |
| Status | Active |
Community Information
| Address | 274 Pleasant St |
|---|---|
| City | Gardner |
| County | Worcester |
| State | MA |
| Zip Code | 01440 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Shared Driveway, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Baseboard, Natural Gas, Electric |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Lot Description | Gentle Sloping |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Concrete Perimeter, Stone, Brick/Mortar |
Additional Information
| Zoning | R |
|---|
Listing Details
| Agent | Michelle Peterson |
|---|---|
| Office | Elm Grove Realty, LLC |