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Ilya J. Rasner

[email protected] +1(617) 823-9780

$ 789,000

Est. payment -/mo

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Active Under Contract

7 Oak Street Gloucester, MA 01930

8 Beds

3 Baths

2,802 SqFt

UPDATED:

10/10/2024 09:36 PM

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $281

MLS Listing ID 73282563

Bedrooms 8

Full Baths 3

Year Built 1900

Annual Tax Amount $5,693

Tax Year 2024

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.

Location

State MA

County Essex

Zoning R-5

Direction Prospect Street to Mt. Vernon then to Oak Street. Oak Street is a one way.

Rooms

Basement Full, Interior Entry, Bulkhead, Concrete, Unfinished

Interior

Interior Features Bathroom With Tub & Shower, Storage, Living Room, Kitchen, Sunroom

Heating Hot Water, Natural Gas, Baseboard, Electric

Flooring Hardwood

Appliance Range, Refrigerator, Dishwasher

Laundry Washer & Dryer Hookup

Exterior

Waterfront false

Waterfront Description Beach Front,Beach Ownership(Public)

Roof Type Shingle

Parking Type Paved Drive, Off Street

Total Parking Spaces 4

Garage No

Building

Story 6

Foundation Granite

Sewer Public Sewer

Water Public

Schools

Middle Schools O'Maley

High Schools Gloucester

Others

Senior Community false

Listed by Gibson Sotheby's International Realty

Ilya J. Rasner

President, The Rasner Group | BB9072650

+1(617) 823-9780

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Cambridge, MA

Ilya J. Rasner

Ilya J. Rasner

7 Oak Street Gloucester, MA 01930

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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7 Oak Street