7 Oak Street, Gloucester, MA 01930 - MLS#73282563 - Ed Greable

Ed Greable

Agent | License ID: 9046843

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$ 730,000

Est. payment -/mo

Sold on 12/02/2024

7 Oak Street Gloucester, MA 01930

8 Beds

3 Baths

2,802 SqFt

UPDATED:

Key Details

Sold Price $730,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,802 sqft

Price per Sqft $260

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

Interior

Heating Hot Water, Natural Gas, Baseboard, Electric

Flooring Hardwood

Laundry Washer & Dryer Hookup

Exterior

Waterfront Description Beach Front,Beach Ownership(Public)

Roof Type Shingle

Building

Story 6

Foundation Granite

Sewer Public Sewer

Water Public

Schools

Middle Schools O'Maley

High Schools Gloucester

Listed by Gibson Sotheby's International Realty
Bought with Jill Michaud • Gibson Sotheby's International Realty

Ed Greable

Agent | License ID: 9046843

+1(617) 905-9128

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