14-20 Marquette St - Apartments FOR SALE
Gardner, MA 01440 |
14-20 Marquette St
Gardner, MA 01440
HIGHLIGHTS
- 7-units total featuring 6-unit apartment building and single-tenant retail building located in Gardner, MA
- Renovated 6-unit apartment building features attractive unit mix of (3) 3-bedroom and (3) 2-bedroom apartments & single tenant retail building
- All separate utilities responsbile by tenants, including gas heat and hot water, and separate electricity. Off-street parking and laundry available
- Captial improvements include plumbing, electrical, gas heating systems, roof 2010, parking lot 2018 and 5/6 apartments renovated
- Located in Opportunity Zone, investors can expect nearly 9% cash-on-cash return with ability to achieve over 16% total returns
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Marquette Street Apartments & Retail
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
9378
STORIES
3
YEAR BUILT
1937
PARKING SPACES
12
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
GARD-000022M-000003-000049
