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6 Days on market

47 Sand St Gardner — Photo 1 of 38

$399,000

Investment Analysis — 47 Sand St

Gardner, MA 01440

Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01440 carries an estimated $2,000/mo in gross rent — about a 3.64% cap rate and $14,508/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,304

Style

Single Family

Built

1920

This beautifully renovated home is ready to welcome its next owner! Situated on a newly paved road in a lovely neighborhood near the town center, this home offers modern updates and room to grow. Extensive renovations completed in 2023 and 2024 include new kitchen cabinets, countertops, stainless steel appliances, a remodeled bathroom, new flooring throughout, recessed lighting, an electric water heater, all-new electrical, and fresh paint. The recently completed, partially finished basement adds an additional bedroom and full bathroom, providing flexible living space. An oversized walk-up attic offers exciting potential for future expansion and added value. Don’t miss this opportunity to own an updated, affordable home in a convenient location!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 652 sq ft (the lesser of 900 sq ft or half the 1,304 sq ft principal dwelling). Lot size: 7,260 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.