1 Holly St, Gloucester, MA 01930

7 beds6.5 baths8,046 sqft Edit

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Sold: $897,500
Sold on 06/19/14
Zestimate®: $1,268,560
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My Notes

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Opportunity Knocks? An Iconic Land Mark "The Willow Rest" is the perfect entrepreneurial investment. Mixed use building with 4 Residential apartments of which 3 are currently rented. The 4-bedroom, 3 full bath Townhouse could be rented or used by an owner occupant. There are 4 retail spaces which include the Riverdale Post Office, a successful retail/grocer, 2 gas pumps, and a commercial garage. The post office and retail/grocer have leases. This is a high traffic area that could support several different business opportunities. The "Willow Rest" is an established neighbood Icon located close to the Rt. 128 Connector and Annisquam Village. Post Office pays $1400/mo. Great Investment Opportunity!

Facts

  • Lot: 0.57 acres
  • Multi Family
  • Built in 1930
  • Heating: Other
  • Last sold: Jun 2014 for $897,500
  • Last sale price/sqft: $112

Construction

  • Exterior material: Wood
  • Roof type: Asphalt
  • Stories: 2
  • Structure type: Other

Other

  • Floor size: 8,046 sqft
  • Parcel #: M:0188 B:0077 L:0000
  • Zillow Home ID: 56045778

Zestimate Details

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$1,268,560
+$31,803 Last 30 days
$939K
$1.62M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$5,498/mo
+$509 Last 30 days
$1.4K
$8.2K
Zestimate range
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Neighborhood

Market guide

Zillow predicts 01930 home values will decrease 0.7% next year, compared to a 0.4% fall for Gloucester as a whole. Among 01930 homes, this home is valued 245.4% more than the midpoint (median) home, but is valued 57.5% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01930, the number of foreclosures waiting to be sold is exactly the same as for Gloucester, and 71.2% less than the national average.

Learn more about forecast calculations or 01930 home values.
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    Nearby Schools in Gloucester

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