NOT LISTED FOR SALE

27 Elm St Gloucester, MA 01930

Central Gloucester Neighborhood
6 Beds
6 Baths
3,271 Sq Ft
8,988 Sq Ft Lot

Last Sold November 03, 2022

Last sale price $1,000,000 $306 Per Sq Ft

6 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Shops
  • Deck
  • 1 Fireplace
  • 5-minute walk to Burnham's Field

About This Home

As of November 2022

INVESTORS $$$$$$ - Once-in-a-lifetime opportunity!!! Meticulously maintained multi-family in downtown Gloucester. Currently being used as a 6-family. Five 1 BR 1 BA units and One 2 BR 1 BA unit. All with separate utilities and plenty of off-street parking. The property has new roofing and new decks. Comes with an onsite laundry room. Units with tenants to start giving you an immediate return on your investment. This will go FAST. Don’t let this opportunity pass you by! Double your investment and purchase 29 Elm Street next door! Offers due Monday, August 29, 5:00. Group showings are scheduled for Friday, Aug. 26th from 4 - 6 PM.

Last Agent to Sell the Property

Jennifer Anderson

RE/MAX Beacon Listed on: 08/24/2022

RE/MAX Beacon

Last Buyer's Agent

Mark Ventimiglia

Vadala Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,251

Year Built

  • Built in 1900

Lot Details

  • 8,988

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 3,271 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • O'maley Middle School
  • GHS High School

Utilities

  • 6 Heating Zones
  • Heating Available

Additional Features

  • 8,988 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,750
  • Assessor Parcel Number 1893974

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $401
  • Net Operating Income $47,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,251

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 3271
  • Stories Total: 8
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 334.76
  • PRICE PER Sq Ft: 305.72
  • MAIN SO: C95600

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Brick/Mortar, Granite
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, House of Worship, T-Station

Lot Info

  • Parcel Number: 1893974
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 8988
  • Lot Size Units: Acres
  • PAGE: 344
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7251
  • Tax Book Number: 6137

Multi Family

  • Gross Income: 47700
  • Net Operating Income: 47299
  • Number Of Units Total: 6
  • Operating Expense: 401
  • Total Actual Rent: 4750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ghs
  • 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
11/03/2022 11/03/22 Sold $1,000,000 -8.7% $306 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $1,095,000 -- $335 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Anderson

    Seller's Agent in 2022

    Jennifer Anderson

    RE/MAX

    19 in this area

    53 Total Sales

    Jennifer Anderson
    Section Image
  • Mark Ventimiglia

    Buyer's Agent in 2022

    Mark Ventimiglia

    Vadala Real Estate

    (978) 281-1111

    28 in this area

    73 Total Sales

    Mark Ventimiglia
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73028646

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Gloucester 01930 Central Gloucester

27 Elm St, Gloucester, MA

This home is located at 27 Elm St, Gloucester, MA 01930 since 24 August 2022. This property was built in 1900. 27 Elm St is a home located in Essex County with nearby schools including East Gloucester Elementary School, Ralph B O'maley Middle School, and Gloucester High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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