Seller's Agent in 2022
Jennifer Anderson
RE/MAX
14 in this area
48 Total Sales
6
Beds
6
Baths
3,271
Sq Ft
8,988
Sq Ft Lot
Highlights
- Deck
- Wood Flooring
- Shops
- Property is near public transit
- 1 Fireplace
- 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
- Marble or Granite Building Materials
Interior Spaces
- 3,271 Sq Ft Home
- 1 Fireplace
Flooring
- Wood
- Carpet
- 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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Nov 3, 2022
Sold by
Bought by
Seller's Agent
Jennifer Anderson
RE/MAX Beacon
Buyer's Agent
Mark Ventimiglia
Vadala Real Estate
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
0.067%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 1975
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,900,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,900,000 | ||
| Closed | $150,000 | ||
| Closed | $125,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
29 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73028646
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.
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.
Nearby Homes
- 222 Main St
- 196 Main St Unit 2
- 196 Main St Unit 1
- 191 Main St Unit 2A
- 14R Spring St Unit 3
- 15 Shepherd St
- 141 Prospect St
- 141 Prospect St Unit B
- 141 Prospect St Unit A
- 113 Pleasant St
- 36 Warner St
- 33 Maplewood Ave Unit 20
- 8 1/2 Myrtle Square
- 7 Sumac Ln
- 16 Cleveland Place Unit 8
- 64 Rocky Neck Ave Unit B
- 64 Rocky Neck Ave Unit A
- 4 Lewis Ct
- 60 Rocky Neck Ave Unit 202
- 53 Western Ave
Your Personal Tour Guide
Ask me questions while you tour the home.