Four-Unit Multifamily with
For Sale
$543,000
Pending
8-12 Nichols St, Gardner, MA 01440
Four-unit multifamily with gas heating, tenant-paid utilities, parking, and a large first-floor commercial space.
Property Size7,024 SF
Days on Market134
Property Features for 8-12 Nichols St
General Information
Standard status
Pending
Size
7,024 SF
Property subtype
Investment
Additional Details
Highway Access
Yes
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$9,990
Building Details
Building Size
7,024 SF
Year Built
1920
Stories
4
Units
4
Tenancy
Multi
Listed By:
Marilyn Garcia
(617) 461-6728
Source:
Elliman
Added: Apr 24
Changed: Aug 27
Last Checked: Sep 1 at 9:33PM
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 Marilyn Garcia
Investment Insights
Based on property information with market context.
This property offers a 4-unit multifamily building plus a sizable first-floor commercial space. Two of the residential units are currently vacant, and the remaining units are supported by gas heating systems with tenant-paid utilities. The building also includes parking for tenants.
The listing notes proximity to shopping, restaurants, and major highways, with walkability characterized as “somewhat walkable” and bikeability as “somewhat bikeable.”
Major capital improvements include a new rubber roof installed in 2023, and an intercom system is currently being installed. The property is offered for sale as-is, providing an opportunity for a buyer to complete the commercial space as desired.
The listing notes proximity to shopping, restaurants, and major highways, with walkability characterized as “somewhat walkable” and bikeability as “somewhat bikeable.”
Major capital improvements include a new rubber roof installed in 2023, and an intercom system is currently being installed. The property is offered for sale as-is, providing an opportunity for a buyer to complete the commercial space as desired.
Key Highlights
- 4‑unit multifamily plus large first‑floor commercial space in one building
- Two units are currently vacant
- Gas heating systems; tenant‑paid utilities
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
736
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily with gas heating, tenant-paid utilities, parking, and a large first-floor commercial space.
Where is this quadplex located?
The property is located at 8-12 Nichols St Gardner, MA.
What is the asking price?
The asking price for this property is $543,000.
What are key features of this property?
This property features: 4‑unit multifamily plus large first‑floor commercial space in one building; Two units are currently vacant; Gas heating systems; tenant‑paid utilities
