Updated
For Sale
$530,000
27 Regan St, Gardner, MA 01440
Three apartments include mudrooms, off-street parking, and a mix of two- and three-bedroom layouts.
Property Size3,049 SF
Price / SF$173.83
Days on Market51
Property Features for 27 Regan St
General Information
Standard status
Active
Size
3,049 SF
Total Parking Spaces
6
Property subtype
Residential Income
Zoning
R1
Net Operating Income
$28,800
Units
Unit Mix
2 x 3BR, 1 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,807
Building Details
Building Size
3,049 SF
Year Built
1900
Buildings
1
Stories
3
Listing Agency:
LAER Realty Partners
Listed By:
Michele Mathieu · License #9036915
(617) 304-2770
Source:
Laerrealty
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 28 at 5:03AM
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 LAER Realty Partners
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.
Located at 27 Regan St. in Gardner, this three-family property was built in 1900 and updated in 2015. The improvements included plumbing, electrical wiring, the roof, Anderson windows, rear egress, fencing, and furnaces.
The unit mix consists of two three-bedroom apartments and one two-bedroom apartment. Each residence has spacious rooms and a mudroom that adds storage and everyday utility. Off-street parking serves the property, while perennial landscaping surrounds the exterior. The property is zoned R1 and offers a three-unit configuration with updated building systems and practical apartment features.
The unit mix consists of two three-bedroom apartments and one two-bedroom apartment. Each residence has spacious rooms and a mudroom that adds storage and everyday utility. Off-street parking serves the property, while perennial landscaping surrounds the exterior. The property is zoned R1 and offers a three-unit configuration with updated building systems and practical apartment features.
Key Highlights
- Three‑family property at 27 Regan St., Gardner, MA 01440
- Updated in 2015 with plumbing, electrical wiring, roof, windows, fencing, and furnaces
- Unit mix includes two 3‑bedroom apartments and one 2‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,215
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,300
$824.3K
Cap Rate 7%
$588,786
$588.8K
Cap Rate 9%
$457,944
$457.9K
Market Conditions
NOI Build-Up for 3,049 SF
Gross rent
$60.4K $19.80/SF
− Vacancy
−$1.5K −$0.49/SF
EGI
$58.9K $19.31/SF
− OpEx
−$17.7K −$5.79/SF
NOI
$41.2K $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%
$824,300
Cap Rate 7%
$588,786
Cap Rate 9%
$457,944
Alternative Uses
Best Use
Multifamily LT 5
$588.8K
$515.2K – $686.9K
NOI $41,215 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$512.4K
$448.4K – $597.8K
NOI $35,868 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.04M
$911.0K – $1.21M
NOI $72,883 @ 7.0% cap · market cap 13.75%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
652
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments include mudrooms, off-street parking, and a mix of two- and three-bedroom layouts.
Where is this triplex located?
The property is located at 27 Regan St Gardner, MA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Three‑family property at 27 Regan St., Gardner, MA 01440; Updated in 2015 with plumbing, electrical wiring, roof, windows, fencing, and furnaces; Unit mix includes two 3‑bedroom apartments and one 2‑bedroom apartment
