NOT LISTED FOR SALE

Estimated Value: $751,000 - $889,000

6 Beds
4 Baths
2,884 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $692,000 $240 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,948/month

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • City View
  • Property is near public transit
  • Community Pool

About This Home

As of July 2022

Spacious 2 family, with 3 family potential, Italianate style home in the heart of Gloucester. This is the perfect opportunity as an investment property or owner-occupied. Unit 1 has 3 generous sized bedrooms and 2.5 baths, high ceilings, and a spiral staircase leading to studio bedroom/entertainment room. The kitchen and dining room lead into a large living room. Washer and dryer hookup on1st floor. Enjoy views of Gloucester's inner harbor and beyond from unit 2 with a tiled kitchen and separate dining room. Hardwood floors throughout. Separate laundry hook ups in basement. Each unit has separate electric and separate Weil McClain gas boilers, 2 new water heaters. Seller believes there’s hardwood floors under some carpets in unit 1. Outdoors offers a large patio and plenty of off-street parking. Convenient to Rt 128, downtown, Gloucester's Boulevard,MBTA, restaurants & shopping. Buyers/Agent do own due diligence. OPEN HOUSE SATURDAY May 7, 11:00-1:30 By appointment only!

Last Agent to Sell the Property

Stephen Cooney

Aluxety Listed on: 05/05/2022

Aluxety

Last Buyer's Agent

Atlee Alman

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,151

Year Built

  • Built in 1900

Lot Details

  • 5,600 Sq Ft Lot
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,884 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Insulated Doors
  • City Views
  • Storm Doors

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Bulkhead
  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Veteran's Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,400
  • Rent includes unit 2(water)
  • Assessor Parcel Number M:0012 B:0026 L:0000,1893871
  • Tax Block 26

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,151

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Storage,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry, Bulkhead, Dirt Floor, Unfinished
  • Living Area: 2884
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AC2344
  • LIST PRICE PER Sq Ft: 237.48
  • PRICE PER Sq Ft: 239.94
  • MAIN SO: C95600

Exterior Features

  • Exterior Features: Balcony, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Patio And Porch Features: Deck, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Beach Access, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Electric Baseboard,Hot Water Radiators,Gas), Unit 2(Electric Baseboard,Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: M:0012 B:0026 L:0000,1893871
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5600
  • Lot Size Units: Acres
  • PAGE: 10

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6151
  • Tax Block: 26
  • Tax Book Number: 13599
  • Tax Map Number: 12

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 1400
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Gloucester
  • Elementary School: Veteran's
  • Middle Or Junior School: O'maley

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2022 07/27/22 Sold $692,000 +1.0% $240 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $684,900 -- $237 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,371 $654,800 $135,200 $519,600
2024 $6,371 $654,800 $135,200 $519,600
2023 $6,523 $616,000 $120,700 $495,300
2022 $6,102 $520,200 $105,000 $415,200
2021 $5,899 $474,200 $95,400 $378,800
2020 $5,577 $452,300 $95,400 $356,900
2019 $5,155 $406,200 $95,400 $310,800
2018 $4,780 $369,700 $95,400 $274,300
2017 $4,496 $340,900 $86,000 $254,900
2016 $4,268 $313,600 $85,900 $227,700
2015 $4,371 $320,200 $85,900 $234,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72976895

MLS Property Information Network (MLS PIN)

APN: GLOU-000012-000026