274 Pleasant St
$450,000
6
Beds
3
Baths
3,914
Sqft
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$450,000
6
Beds
3
Baths
3,914
Living Area
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Property Description
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.
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Highlights
- Heating: Baseboard, Natural Gas, Electric
- Parking Spots: 5
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 15
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Concrete Perimeter, Stone, Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Flooring: Varies
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- 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
- Parking Features: Shared Driveway, Off Street
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $359,300
- Tax Year: 2026
- Rental Fee Includes: Unit 1(Gas, Water), Unit 2(Gas, Water), Unit 3(Gas, Water)
- Taxes: $5,160
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Elm Grove Realty, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.