Remodeled Two-Family
210 Nichols Street Gardner, MA 01440
For Sale
$630,000
Turnkey two-family home with updated kitchens and baths, stainless appliances, and in-unit washer/dryer for each unit.
Property Size2,689 SF
Price / SF$234.29
Days on Market225
Property Features for 210 Nichols Street
General Information
- Standard status
- Active
- Size
- 2,689 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1920
Listing Agency:
William Raveis R.E. & Home Services
(617) 964-1850
Listed By:
Eugene Diaz · License #9529906
(617) 964-1850
Source:
Compass
Added: Dec 10, 2025
Changed: Jul 23
Last Checked: Jul 23 at 12:39PM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This fully remodeled two-family home was updated less than three years ago and is offered as a turnkey option with modern, low-maintenance finishes. Both units feature hardwood floors throughout, contemporary kitchens and bathrooms, stainless steel appliances, and granite countertops. Each unit also includes its own washer and dryer. Heating and cooling are provided by high-efficiency, all-electric heat pump systems.
The property is located at 210 Nichols Street in Gardner, Massachusetts, and is suitable for owner-occupants or investors looking for a move-in-ready, income-producing residence.
As configured, the home provides two self-contained units with in-unit laundry and updated interior features designed for convenient day-to-day living.
The property is located at 210 Nichols Street in Gardner, Massachusetts, and is suitable for owner-occupants or investors looking for a move-in-ready, income-producing residence.
As configured, the home provides two self-contained units with in-unit laundry and updated interior features designed for convenient day-to-day living.
Key Highlights
- Fully remodeled two‑family home updated less than three years ago
- Each unit has hardwood floors, contemporary kitchen and bathroom finishes, and stainless steel appliances
- Granite countertops in each unit’s kitchen
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 | $53.2k | $19.80 |
| − Vacancy | −$1.3k | −$0.49 |
| EGI | $51.9k | $19.31 |
| − OpEx | −$15.6k | −$5.79 |
| NOI | $36.3k | $13.52 |
2,689 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$519.3K
$454.4K – $605.8K
NOI $36,349 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$451.9K
$395.4K – $527.2K
NOI $31,633 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$918.3K
$803.5K – $1.07M
NOI $64,278 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Turnkey two-family home with updated kitchens and baths, stainless appliances, and in-unit washer/dryer for each unit.
Where is this duplex located?
The property is located at 210 Nichols Street Gardner, MA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Fully remodeled two‑family home updated less than three years ago; Each unit has hardwood floors, contemporary kitchen and bathroom finishes, and stainless steel appliances; Granite countertops in each unit’s kitchen
