Seller's Agent in 2022
Jennifer Anderson
RE/MAX
16 in this area
52 Total Sales
6
Beds
6
Baths
3,271
Sq Ft
8,988
Sq Ft Lot
Highlights
- Granite Flooring
- Deck
- 1 Fireplace
- 0.21 Acre Lot
- Property is near public transit
- 5-minute walk to Burnham's Field
About This Home
As of November 2022INVESTORS $$$$$$ - 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.
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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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 | $7,962 | $819,100 | $163,200 | $655,900 |
| 2024 | $7,766 | $798,200 | $155,500 | $642,700 |
| 2023 | $7,997 | $755,100 | $138,800 | $616,300 |
| 2022 | $7,251 | $618,200 | $120,700 | $497,500 |
| 2021 | $7,061 | $567,600 | $109,700 | $457,900 |
| 2020 | $6,542 | $530,600 | $109,700 | $420,900 |
| 2019 | $5,863 | $462,000 | $109,700 | $352,300 |
| 2018 | $5,632 | $435,600 | $109,700 | $325,900 |
| 2017 | $5,496 | $416,700 | $98,800 | $317,900 |
| 2016 | $5,277 | $387,700 | $98,800 | $288,900 |
| 2015 | $5,292 | $387,700 | $98,800 | $288,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Anderson
-
Mark Ventimiglia
Buyer's Agent in 2022
Mark Ventimiglia
Vadala Real Estate
(978) 281-1111
30 in this area
75 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73028646
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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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