NOT LISTED FOR SALE

110 E Main St Gloucester, MA 01930

East Gloucester Neighborhood

Estimated Value: $591,000 - $893,984

5 Beds
4 Baths
2,365 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $720,000 $304 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,796/month

8 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Waterfront
  • 3-minute walk to Benjamin Smith Playground at Cripple Cove

About This Home

As of June 2022

This is a fantastic East Gloucester investment or owner-occupied opportunity. You may even think twice before using this multi-family for revenue! This two-family is the essence of East Gloucester! Presenting harbor and city skyline views, salty breezes, a spacious backyard, deck spaces, four-car parking, and a fabulously central East Gloucester convenient location, multi-family buyers will consider living here before they commit to renting out these two spacious units. Just 1.5 miles from Good Harbor Beach and downtown Gloucester Main St., Niles Beach and Rocky Neck are even slightly closer. This well-cared-for multi-family feature a new (2021) roof. In 2019, two new boilers and on-demand water heating systems were installed. The decks and stairs were rebuilt in 2018. The large storage shed is ideal for many opportunities, from an art studio to a tradesperson shop. Showings by appointment only, beginning Friday, 5/6/2022. Offers are due by noon on Wednesday, 5/11/2022.

Last Agent to Sell the Property

Patty Knaggs

RE/MAX Beacon Listed on: 05/03/2022

RE/MAX Beacon

Co-Listed By

Patty Knaggs

RE/MAX Beacon

Last Buyer's Agent

McDermott Group

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,184

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,365 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • New Elementary School
  • O'maley Middle School
  • GHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,900
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1896929

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,184

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Mudroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Concrete, Unfinished
  • Living Area: 2365
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • MAIN SO: BB5918

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Electric), Unit 2(Hot Water Baseboard,Gas,Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 1896929
  • Zoning: R-10
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Level
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • LOT SIZE: 8500

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6184.4

Multi Family

  • Net Operating Income: 34800
  • Number Of Units Total: 2
  • Total Actual Rent: 2900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Ghs
  • Elementary School: New
  • Middle Or Junior School: O'maley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Jackson Philip and Jackson Victoria
Bought by
Rogosin Andrea M
Current Estimated Value
$766,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Outstanding Balance
$375,861
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$390,385

Purchase Details

Closed on
Sep 19, 2023
Sold by
Jackson Philip and Jackson Victoria
Bought by
Apostolos-Marsh Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Outstanding Balance
$375,861
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$390,385

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 7, 2022
Sold by
Salmon Michael R and Miller Jeffrey
Bought by
Jackson Philip and Jackson Victoria
Seller's Agent
Patty Knaggs
RE/MAX Beacon
Buyer's Agent
McDermott Group
Gibson Sotheby's International Realty
List Price
$649,000
Sold Price
$720,000
Premium/Discount to List
$71,000
10.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $720,000 +10.9% $304 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $649,000 -- $274 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patty Knaggs

    Seller's Agent in 2022

    Patty Knaggs

    RE/MAX

    (978) 290-1407

    6 in this area

    82 Total Sales

    Patty Knaggs
    Section Image

  • M

    Buyer's Agent in 2022

    McDermott Group

    Gibson Sotheby's International Realty

    (978) 857-0343

    2 in this area

    41 Total Sales

    McDermott Group
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975649

MLS Property Information Network (MLS PIN)

APN: GLOU M:0059 B:0055 L:0000

Massachusetts Essex County Gloucester 01930 East Gloucester

110 E Main St, Gloucester, MA

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