Search
Updated Triplex Near Downtown
For Sale
$450,000

274 Pleasant St, Gardner, MA 01440

Three-unit property with varied layouts, recent building upgrades, and tenant-paid heat and electricity.

Property Size3,914 SF
Price / SF$114.97
Days on Market104

Property Features for 274 Pleasant St

General Information

Standard status Active
Size 3,914 SF
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,160
Listing Agency: Elm Grove Realty, LLC
Listed By: Michelle Peterson · License #9535184
Source: Exprealty
Added: Apr 30 Changed: Aug 11 Last Checked: Aug 11 at 5:10AM

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 Elm Grove Realty, LLC

Investment Insights

Based on property information with market context.

Located at 274 Pleasant St in Gardner, MA, this 3,914-square-foot triplex contains three distinct residential units. The mix includes a 3-bedroom/1-bath unit, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit, providing varied configurations within one building.

Capital work includes vinyl siding repairs, electrical system updates, exterior stair and decking replacement, ceiling and drywall repairs, a boiler installation, and a roof completed in 2024. Tenants are responsible for their own heat and electricity. Units 1 and 2 are currently held under tenant-at-will arrangements without rent payments, creating an existing occupancy and income-management issue for the next owner to address. The property is situated near downtown Gardner.

Key Highlights

  • 3,914‑square‑foot triplex near downtown Gardner
  • Unit mix includes 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath layouts
  • New roof installed in 2024

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

799
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with varied layouts, recent building upgrades, and tenant-paid heat and electricity.
Where is this triplex located?
The property is located at 274 Pleasant St Gardner, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,914‑square‑foot triplex near downtown Gardner; Unit mix includes 3‑bedroom/1‑bath, 2‑bedroom/1‑bath, and 1‑bedroom/1‑bath layouts; New roof installed in 2024
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message