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Spacious Upgraded Two-Family Home

154 Oak St, Gardner, MA 01440

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For Sale

$579,900

Upgraded two-family home, ideal for owner-occupancy or investment.

Type:Multi Family Home

Property size:

2,887 SF

Price / SF:

$200/SF

Listing Contact

Danye Doucette

Real Estate License ID: 9080729

HighLights

Seller offering $5,000 credit for closing costs.
Large two‑family home, ideal for owner‑occupancy or investment.
Upgraded units with modern kitchens and renovated bathrooms.
First unit features 3 bedrooms, 2 levels of living, designer kitchen, formal dining room, and sun porch.
Second unit offers open concept living, contemporary kitchen, 2 bedrooms, and laundry with washer‑dryer.
Convenient location: close to major highways, shopping, restaurants, and recreation.

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For Sale

$579,900

Upgraded two-family home, ideal for owner-occupancy or investment.

Type:Multi Family Home

Property size:

2,887 SF

Price / SF:

$200/SF

Added:: Apr 23, 2026
Days on Market:: 50
Last Refresh:: Apr 23 at 8:59 am

Property Features for 154 Oak St

General Information

Standard status: Active
Size: 2,887 SF
Property subtype: Multi Family Home

Building Details

Year Built: 1920

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Listing Contact

Danye Doucette

Listing agent Danye Doucette License #9080729

Listing office Keller Williams Realty North Central

Listing date Apr 23, 2026

Source Alliancepartnersre

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 Keller Williams Realty North Central

HighLights

Seller offering $5,000 credit for closing costs.
Large two‑family home, ideal for owner‑occupancy or investment.
Upgraded units with modern kitchens and renovated bathrooms.
First unit features 3 bedrooms, 2 levels of living, designer kitchen, formal dining room, and sun porch.
Second unit offers open concept living, contemporary kitchen, 2 bedrooms, and laundry with washer‑dryer.
Convenient location: close to major highways, shopping, restaurants, and recreation.

Overview

This spacious two-family property has been upgraded. The three-bedroom unit features modern touches and classic features across two levels of living space. The designer kitchen is fully applianced and includes a pantry, ample cabinets, counter space, and a center island. There is a formal dining room with marble floors, a large living room, and a sun porch. The unit also has a renovated full bath. The first level boasts open-concept living with a contemporary kitchen and a sun-filled living room, along with a full bath and two bedrooms. Laundry facilities include a washer and dryer. Upgrades include a new furnace and a rubber porch roof. The property has separate utilities and a landlord panel. There is parking for four vehicles and a fenced-in yard suitable for entertaining. It is ideal for owner-occupancy or investment purposes. The property is close to major highways, shopping, restaurants, local recreation, golf, hiking trails, and Wachusett Ski area. Seller offering 5k credit for closing costs and has a home under contract.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$57.2k	$19.80
− Vacancy	−$1.4k	−$0.49
EGI	$55.8k	$19.31
− OpEx	−$16.7k	−$5.79
NOI	$39.0k	$13.52

2,887 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$557.5K

$487.8K – $650.4K (±1% cap)

NOI $39,025 @ 7.0% cap · market cap 6.73%

Second Best

Apartment 5plus

$485.2K

$424.5K – $566.1K (±1% cap)

NOI $33,963 @ 7.0% cap · market cap 5.86%

Theoretical Best

Office A

$985.9K

$862.6K – $1.15M (±1% cap)

NOI $69,011 @ 7.0% cap · market cap 11.90%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Gardner
County: Worcester
State: Massachusetts
Longitude: -71.9975884
Latitude: 42.5796047

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For sale
Duplexes
MA
Gardner
01440
154 Oak St

What type of property is this?

Duplex - Upgraded two-family home, ideal for owner-occupancy or investment.

Where is this duplex located?

The property is located at 154 Oak St Gardner, MA.

What is the asking price?

The asking price for this property is $579,900.

What are key features of this property?

This property features: Seller offering $5,000 credit for closing costs.; Large two‑family home, ideal for owner‑occupancy or investment.; Upgraded units with modern kitchens and renovated bathrooms.