$1,250,000
SOLD MAR 28, 2025
9 Beds
5 Baths
4,400 Sq Ft
5,390 Sq Ft Lot

Recently Sold

$284 Per Sq Ft

4 Days on Market

Highlights

  • Marina
  • 3-minute walk to Gloucester
  • Deck
  • Community Stables
  • Medical Services
  • Property is near public transit

About This Home

As of March 2025

Solid 5 Unit "INVESTMENT PROPERTY" located near downtown Gloucester area. There are 3 two bedroom apartments and 2 one bedroom apartments that all have separate utilities ( electric & individual water tanks ) The 2 top floor units are 2 level " townhouse style" apartments. There is coin operated laundry in the basement. If your looking for an easy building to run look no further.

Last Agent to Sell the Property

Chris Blasczak

Liberty Residential Realty, LLC Listed on: 01/20/2025

Last Buyer's Agent

Steve Martin

Aluxety

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,755

Year Built

  • Built in 1900

Lot Details

  • 5,390 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • Insulated Windows
  • Insulated Doors

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $5,560

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $66,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,755

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Levels: 8
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Finished, Walk-Out Access, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 3400
  • Below Grade Sq Ft: 1000
  • Living Area: 4400
  • Spa YN: No
  • Stories Total: 8
  • Window Features: Insulated Windows
  • MAIN LO: AN0224
  • LIST PRICE PER Sq Ft: 284.07
  • PRICE PER Sq Ft: 284.09
  • MAIN SO: AN8387

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Composite, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5390
  • Lot Size Units: Acres
  • PAGE: 561
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9755
  • Tax Book Number: 38040

Multi Family

  • Gross Income: 66720
  • Net Operating Income: 66720
  • Number Of Units Total: 5
  • Total Actual Rent: 5560
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

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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
03/28/2025 03/28/25 Sold $1,250,000 0.0% $284 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $1,249,900 -- $284 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73327656

MLS Property Information Network (MLS PIN)