Active
278 Days on market
380 Elm Street #2 Gardner — Photo 1 of 1

380 Elm Street #2 Gardner — Photo 1 of 1

$325,000

380 Elm Street #2, Gardner, MA 01440

Gardner, MA 01440

Beds

--

Baths

--

SqFt

1,456

Style

Other

Built

1979

Attention Investors! Professional office condominium starting 3rd year of 5 year lease with option for 5 year renewal. NNN lease with annual escalation. Currently 8% CAP rate.

Market Value Analysis

This Property
Size (SqFt) →Price →

Limited sample — based on 3 comparable properties.

This Property$223/sqft
Local Avg (Gardner)$88/sqft
153% AboveMarket Average

* Analysis is based on 3 actively listed and recently sold comparable properties strictly within Gardner, MA.

Property Details

Financials

Original Price$325,000
Annual Taxes$3,201

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningC1

Property & Lot

Acres0.03
SqFt Lot1,456
Lot Features--

Geography

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)

Full Gardner, MA market report ZIP 01440 market data
Listing Provided By

Listing Agent: Wendy Poudrette

Listing Office: Foster-Healey Real Estate

MLS® Number: 73460151

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