Three-Family Residential
112 Ash Street Gardner, MA 01440
112 Ash Street, Gardner, MA, 01440
$425,000
Pending
For Sale
$425,000
Pending
Three-family property with recent updates including new windows and an energy-saving heating system.
Property Size1,656 SF
Days on Market132
Property Features for 112 Ash Street
General Information
- Standard status
- Pending
- Size
- 1,656 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
Mercury Real Estate
(978) 297-5254
Listed by
Timothy S. Damon
Source
Arborviewrealtyinc
Added: Mar 12 Updated: Jul 21 at 3:28AM Checked: Jul 21 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mercury Real Estate
Investment Insights
Based on property information with market context.
This three-family residential income property offers a total of three units. Public remarks indicate multiple recent improvements, including an energy-saving heating system, new electrical panels with an owners meter, new windows, and other updates completed to the building.
The property is located at 112 Ash Street in Gardner, Massachusetts. It is being offered for sale.
As presented, this is a straightforward multifamily structure designed for either investment ownership or owner occupancy, with documented electrical, window, and heating upgrades.
The property is located at 112 Ash Street in Gardner, Massachusetts. It is being offered for sale.
As presented, this is a straightforward multifamily structure designed for either investment ownership or owner occupancy, with documented electrical, window, and heating upgrades.
Key Highlights
- Three‑family property with recent updates including new windows
- New energy‑saving heating system
- New electrical panels with owners meter
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.8k | $19.80 |
| − Vacancy | −$810 | −$0.49 |
| EGI | $32.0k | $19.31 |
| − OpEx | −$9.6k | −$5.79 |
| NOI | $22.4k | $13.52 |
1,656 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$319.8K
$279.8K – $373.1K
NOI $22,385 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$278.3K
$243.5K – $324.7K
NOI $19,481 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$565.5K
$494.8K – $659.8K
NOI $39,585 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-family property with recent updates including new windows and an energy-saving heating system.
Where is this triplex located?
The property is located at 112 Ash Street Gardner, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three‑family property with recent updates including new windows; New energy‑saving heating system; New electrical panels with owners meter
