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475 West Street Gardner — Photo 1 of 42

475 West Street Gardner — Photo 1 of 42

$395,000

Investment Analysis — 475 West Street

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 3.40% cap rate and $13,447/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,200

Style

Single Family

Built

1998

This beautifully maintained ranch home is ready for you to move in and enjoy! Features include luxury vinyl flooring throughout (2022), new roof (2021-2022), Trek decking off the back bedroom (2021-2022), new central A/C (2020), new furnace (2024), and a newly paved driveway (2024). The bathroom was also tastefully updated in 2022. The detached sunroom in the backyard is fully enclosed with power, offering a perfect spot to relax or work. The fully fenced backyard, with its durable chain-link fence, is ideal for pets, kids, or just enjoying the outdoors in privacy. The unfinished basement offers great potential for expansion. With all the major updates already done, this home is truly turn-key and waiting for you!

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: 600 sq ft (the lesser of 900 sq ft or half the 1,200 sq ft principal dwelling). Lot size: 21,780 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.

Property Details

Financials

Original Price$395,000
Annual Taxes$4,793

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementFull, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.5
SqFt Lot21,780
Lot FeaturesLevel

Amenities & Appliances

Tankless Water Heater • Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl First
Bathroom 1
Lvl First

Property History

Listed
$395,000

Sep 14, 2026

MLS® 73576201

Expired
$375,000

Dec 18, 2025

MLS® 73434128

Listed
$375,000

Sep 22, 2025

MLS® 73434128

Listing Provided By

Listing Agent: Victoria Jeffrey

Listing Office: Real Estate Exchange

MLS® Number: 73576201