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Three-Building 8-Unit Apartment Property
For Sale
Contact for pricing
Pending

474 Main St, Gardner, MA 01440

Two parcels include refreshed roofing, bathrooms, plumbing stacks, and appliances.

Property SizeContact for details
Days on Market146

Property Features for 474 Main St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 75%

Additional Details

Multifamily Units 8

Building Details

Buildings 3
Listing Agency: Coco, Early & Associates Methuen
Listed By: Kathryn Early · License #MA 9512996
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 4:44AM

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 Coco, Early & Associates Methuen

Investment Insights

Based on property information with market context.

This multifamily offering brings together two parcels and three buildings containing 8 rental units at 474 Main Street, 478 Main Street, and 267 Sherman Street. Property improvements include a 1-year-old rubber roof, a newer asphalt shingle roof, 3 new bathrooms and stacks, and updated appliances. All appliances convey with the sale, and all but two units are occupied.

The buildings sit on a corner lot with access to parking and proximity to shopping, dining, major routes, and other essential amenities. The combined property offers an existing rental configuration across the three addresses, with occupancy already established in most units.

Key Highlights

  • Three buildings across two parcels with 8 rental units
  • Addresses include 474 Main Street, 478 Main Street, and 267 Sherman Street
  • 1‑year‑old rubber roof plus newer asphalt shingle roof

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Storage Facility HVAC Service

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

8
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

771
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two parcels include refreshed roofing, bathrooms, plumbing stacks, and appliances.
Where is this apartment building located?
The property is located at 474 Main St Gardner, MA.
What are key features of this property?
This property features: Three buildings across two parcels with 8 rental units; Addresses include 474 Main Street, 478 Main Street, and 267 Sherman Street; 1‑year‑old rubber roof plus newer asphalt shingle roof
More about this property
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