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Duplex Style Residential Income

30 Allen Street Gardner, MA 01440

30 Allen Street, Gardner, MA, 01440
$392,000
For Sale
$392,000

Duplex with 4 bedrooms, 2 full baths, full basement, and two-car garage with off-street parking.

Property Size2,240 SF
Price / SF$175
Days on Market111

Property Features for 30 Allen Street

General Information

Standard status
Active
Size
2,240 SF
Property subtype
Multi-family / 2 Family

Building Details

Year Built
1966
Listing agency Property Works New England
Listed by John Oliveri · License #150496
Source Compass
Added: Apr 3 Updated: Jul 21 at 11:55PM Checked: Jul 21 at 11:55PM

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 Property Works New England


Investment Insights

Based on property information with market context.

This duplex-style property offers a total of 4 bedrooms and 2 full bathrooms with 2,240 sq ft of living space. The layout includes spacious kitchens with ample cabinet and counter space, comfortable living areas, and bedrooms with closet space. A full basement provides storage and the potential for future expansion of living space, and the home includes a 2-car garage underneath with a wide driveway for off-street parking.

Set on a manageable lot with usable outdoor space, the property is located in Gardner with convenient access to local amenities, shopping, and major routes. The property is subject to a 3-day First Look Period.

Key Highlights

  • Duplex‑style home with 4 bedrooms and 2 full bathrooms
  • 2,240 sq ft of living space with a functional layout
  • Full basement with storage and potential for future expansion

Local 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 $44.4k $19.80
− Vacancy −$1.1k −$0.49
EGI $43.3k $19.31
− OpEx −$13.0k −$5.79
NOI $30.3k $13.52
2,240 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$432.6K
$378.5K – $504.7K (±1% cap)
NOI $30,280 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$376.4K
$329.4K – $439.2K (±1% cap)
NOI $26,351 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$764.9K
$669.3K – $892.4K (±1% cap)
NOI $53,545 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Auto Parts Store Cafe & Coffee Shop Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store

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

FAQs

What type of property is this?
Duplex - Duplex with 4 bedrooms, 2 full baths, full basement, and two-car garage with off-street parking.
Where is this duplex located?
The property is located at 30 Allen Street Gardner, MA.
What is the asking price?
The asking price for this property is $392,000.
What are key features of this property?
This property features: Duplex‑style home with 4 bedrooms and 2 full bathrooms; 2,240 sq ft of living space with a functional layout; Full basement with storage and potential for future expansion
Contact an agent
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