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$730,000
8
Beds
3
Baths
2,802
Living Area
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Property Description
A fantastic opportunity for both owner-occupants and investors to acquire a well located 3-family property in Gloucester. Unit 1&2 each with three bedrooms, 1 bath, a living room, kitchen, and in-unit laundry. Unit 3 featuring 2 bedrooms, a kitchen, and a living room. Recent updates include heating systems, water heaters, and rubber roof. The common basement has been updated and offers ample storage space. Additionally, the property includes a driveway with 4 parking spots and off-street parking. Current rents are below market value, providing potential for increased rental income. Located near downtown Gloucester, you'll have easy access to restaurants, shops, the waterfront and commuter routes. This property presents a great investment or owner-occupancy opportunity in a desirable area of Gloucester.
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Highlights
- Heating: Hot Water, Natural Gas, Baseboard, Electric
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
- Parking Spots: 4
- Property Type: 3 Family
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator, Dishwasher
- Exclusions: Washing Machines Dryers Belong To Tenants.
- Foundation: Granite
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R-5
- Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
- Flooring: Hardwood
- Interior Features: Bathroom With Tub & Shower, Storage, Living Room, Kitchen, Sunroom
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street
- Waterfront Features: Beach Front, 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: $585,100
- Tax Year: 2024
- Total Rent: $4,800
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $5,693
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Content © 2026 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 Gibson Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
