Active
91 Days on market
339 Chestnut Street Gardner — Photo 1 of 40

339 Chestnut Street Gardner — Photo 1 of 40

Recent Drop: $35,000

$649,999
$614,999

$614,999

339 Chestnut Street, Gardner, MA 01440

Gardner, MA 01440

Beds

5

Baths

4

SqFt

3,298

Style

4 Family

Built

1920

Well-maintained four-unit multifamily property offering a blend of classic New England charm and thoughtful updates. Most units feature exposed beams, adding warmth and character throughout. Units 2 and 3 have been tastefully renovated, while Units 1 and 4 feature custom woodwork, appealing to those who appreciate timeless craftsmanship. The property includes an oversized garage with five under-building spaces, plus a detached garage (23'x28' +/-) with two additional bays, ideal for parking, storage, or potential additional income opportunities. Two units are currently occupied by long-term tenants, providing stable rental income. Perfect for owner-occupants or investors seeking immediate cash flow. A rare opportunity to own a versatile, income-generating property with both charm and upside potential. Studio apartment not included in total bedroom count. Two front units side-by-side. Two rear units stacked.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$186/sqft
Local Avg (Gardner)$207/sqft
10% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Gardner, MA.

Property Details

Financials

Original Price$649,999
Annual Taxes$6,356

Parking

Garage5
Off-Street15

Interior Specifications

Total Rooms15
FireplacesNone
FlooringTile, Vinyl, Varies, Laminate, Wood, Carpet
BasementFull, Garage Access, Concrete, Unfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBrick/Mortar
ZoningR1

Property & Lot

Acres0.26
SqFt Lot11,325
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf

Geography

Property History

Price Drop
$614,999

Was $634,999

Aug 11, 2026

MLS® 73533499

Price Drop
$634,999

Was $649,999

Jul 7, 2026

MLS® 73533499

Listed
$649,999

Jun 10, 2026

MLS® 73533499

Population

21,276

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$67K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

40.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Jennifer Farnsworth

Listing Office: Barrett Sotheby's International Realty

MLS® Number: 73533499

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