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$ 730,000
$ 789,000 7.5%
Est. payment /mo
Sold on 12/02/2024
7 Oak Street Gloucester, MA 01930
8 Beds
3 Baths
2,802 SqFt
UPDATED:
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,802 sqft
Price per Sqft $260
MLS Listing ID 73282563
Bedrooms 8
Full Baths 3
Year Built 1900
Annual Tax Amount $5,693
Tax Year 2024
Property Description
A fantastic opportunity for both owner-occupants and investors to acquire a well located 3-family property in Gloucester. Unit 1&2 each with three bedrooms, 1 bath, a living room, kitchen, and in-unit laundry. Unit 3 featuring 2 bedrooms, a kitchen, and a living room. Recent updates include heating systems, water heaters, and rubber roof. The common basement has been updated and offers ample storage space. Additionally, the property includes a driveway with 4 parking spots and off-street parking. Current rents are below market value, providing potential for increased rental income. Located near downtown Gloucester, you'll have easy access to restaurants, shops, the waterfront and commuter routes. This property presents a great investment or owner-occupancy opportunity in a desirable area of Gloucester.
Location
State MA
County Essex
Zoning R-5
Interior
Heating Hot Water, Natural Gas, Baseboard, Electric
Flooring Hardwood
Laundry Washer & Dryer Hookup
Exterior
Waterfront Description Beach Front,Beach Ownership(Public)
Roof Type Shingle
Building
Story 6
Foundation Granite
Sewer Public Sewer
Water Public
Schools
Middle Schools O'Maley
High Schools Gloucester
Listed by Gibson Sotheby's International Realty
Bought with Jill Michaud • Gibson Sotheby's International Realty
Bought with Jill Michaud • Gibson Sotheby's International Realty