Sold!
$188,000
1
Bed
1
Bath
541
Living Area
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Property Description
Bright and cheerful one bedroom condominium in the Babson Block. Gloucester Boulevard, Pavilion Beach, Stage Fort Park and downtown Glloucester are all within a half mile. Plus the MBTA station is also less than half a mile away. Buyers must comply with income and assets in order to qualify to purchase this unit. Pre approvals must be provided by a lender who will agree to lend on a Ground Lease. Units are protected by a Deed Rider and any agreement will require final approval by the State Department of Housing and Urban Development. Rentals are not allowed and the unit must be occupied as a primary residence. Maximum income: 1 person $78,300, 2 people $89,500. Showings by appointment only.
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Highlights
- Building Name: Babson Block Condominium
- HOA Fee: $153
- Property Class: Residential
- Total Rooms: 2
- Year Built: 1900
- Heating: Electric Baseboard, Electric
- Parking Spots: 1
- Property Type: Condominium
- Unit Number: 5
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Electric Water Heater, Utility Connections for Gas Range
- Construction: Frame
- Pets Allowed: Yes w/ Restrictions
- Total Number of Units: 15
- Year Built Source: Public Records
- Zoning: R-5
- Basement: N
- Flooring: Tile, Carpet
- Roof: Shingle
- Year Built Details: Approximate
- Year Converted: 2004
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Amenities
- Parking Features: Off Street
- Waterfront Features: Beach Front, Harbor, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $130,600
- Facilitator Compensation: 1%
- HOA Fee Frequency: Monthly
- Tax Year: 2022
- Buyer Agent Compensation: 2%
- HOA: Yes
- HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
- Taxes: $1,532
Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
