Two-Unit
17 Sand St, Gardner, MA 01440
For Sale
New
$339,900
Both residences offer two bedrooms, a full bathroom, and an enclosed porch.
Property Size1,900 SF
Lot Size0.25 Acres
Price / SF$200.41
Days on Market6
Property Features for 17 Sand St
General Information
Standard status
Size
Lot size
Property subtype
Lease Term
Additional Details
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
Lamacchia Realty, Inc.
(508) 832-5324
Listed By:
We Close Deals Team
(508) 612-0821
Source:
Iverty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 6:18AM
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 Lamacchia Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this 1,696-square-foot duplex contains two residences, each with two bedrooms, one full bathroom, and an enclosed porch. The second-floor residence is vacant; the first-floor unit has a month-to-month tenant. Exterior updates include a roof replaced in 2021 and fresh paint in 2024.
The property occupies a quarter-acre lot with a detached garage, a storage shed, and decks.
The property occupies a quarter-acre lot with a detached garage, a storage shed, and decks.
Key Highlights
- 1,696 square feet in a two‑unit duplex
- Each unit has 2 bedrooms, 1 full bathroom, and an enclosed porch
- Quarter‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,926
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,520
$458.5K
Cap Rate 7%
$327,514
$327.5K
Cap Rate 9%
$254,733
$254.7K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$33.6K $19.80/SF
− Vacancy
−$829 −$0.49/SF
EGI
$32.8K $19.31/SF
− OpEx
−$9.8K −$5.79/SF
NOI
$22.9K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,520
Cap Rate 7%
$327,514
Cap Rate 9%
$254,733
Alternative Uses
Best Use
Multifamily LT 5
$327.5K
$286.6K – $382.1K
NOI $22,926 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$285.0K
$249.4K – $332.5K
NOI $19,952 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$579.2K
$506.8K – $675.7K
NOI $40,541 @ 7.0% cap · market cap 11.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 01440, MA
21,577
Population
9,600
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
88%
High-School Grad
24.5 sq mi
ZIP Area
881
Density / Sq Mi
$63,526
Median Household Income
$43,737
Median Earnings
$1,071
Median Rent
$270,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Worcester County, MA
Properties on Market for Duplexes in Worcester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, a full bathroom, and an enclosed porch.
Where is this duplex located?
The property is located at 17 Sand St Gardner, MA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 1,696 square feet in a two‑unit duplex; Each unit has 2 bedrooms, 1 full bathroom, and an enclosed porch; Quarter‑acre lot
