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16-18 Oriole

Gardner, MA 01440
  • $1,000,000
  • STATUS: Active
  • MLS #: 73282244
UPDATED: 52 min ago
$1,000,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 7,617
    SQFT
  • $131
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Joseph Cali of Cali Realty Group, Inc..

Description

Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one "house" circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-09-14T14:04:42.16.
www.edgepropertysearch.com/homes/154217559
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16-18 Oriole Gardner, MA 01440

  • Price: $1,000,000
  • Status: Active
  • On Site: Days
  • Updated: 52 min ago
  • MLS #: 73282244
10
Beds
7
Baths
0
½ Baths
0.19
Acres
7,617
SQFT
$131
$/SQFT
1900
Built
County:
Worcester
Property Description
Investor opportunity! 7 unit in a quiet dead end street neighborhood near shops and services . Great cash flow with $9700 per month rent. Over $116,000 annual. Strong rental history. This can be purchased along with 15 Oriole as part of an 11 unit portfolio. The third level is unfinished and has been opened up to add 2-3 more apartments which could produce an additional $4-5k in monthly rent income. Units are in good condition, 2 units recently renovated. Tenants pay their own electricity and heat. Electrical service was upgraded in 2012 to 9 meters. Hardwired smoke alarm, 7 apartment and one "house" circuit breaker panels. Propane conversion and new HTP Hot water tank in 2018. Plenty of parking for tenants. Buyer to do own due diligence.
Exterior Features

Color Yellow Construction Materials Frame Covered Spaces 0 Garage YN No Open Parking YN Yes Parking Features Paved DriveOff Street Parking Total 14 Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Basement Partially Finished Building Area Total 7617 Fireplace YN No Fireplaces Total 0 Foundation Details Stone Lead Paint Unknown Rooms Total 27

Property Features

Electric Expense 720 Gross Income 116400 Home Warranty YN No Net Operating Income 81600 Operating Expense 4052 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 8242 Tax Year 2024 Total Actual Rent 9700 Water Sewer Expense 3332 Water Source Public Year Built Details Actual Zoning Ukn

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Joseph Cali of Cali Realty Group, Inc.: 508-259-9669.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-09-14T14:04:42.16.
 
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1007 Boston Neck Road
Narragansett RI, 02882
Listing courtesy of Joseph Cali of Cali Realty Group, Inc..