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.
Sold for $730,000 on 12/02/24
$730,000
7 Oak St, Gloucester, MA 01930
8beds
2,802sqft
3 Family
Built in 1900
-- sqft lot
$876,600 Zestimate®
$261/sqft
$3,033 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 03, 2024 at 12:11pm
Listed by:
Jill Michaud,
Gibson Sotheby's International Realty
Bought with:
Jill Michaud
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73282563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas, Baseboard, Electric
Appliances
- Laundry: Washer & Dryer Hookup
Features
- Bathroom With Tub & Shower, Storage, Living Room, Kitchen, Sunroom
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,802 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck - Wood
- Waterfront features: Beach Front, Beach Ownership(Public)
Lot
- Size: 0.07 sqft
Details
- Parcel number: 1895252
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Gloucester
HOA & financial
Other financial information
- Total actual rent: 4800
Other
Other facts
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$876,600
2% more+ $17,532
With Zillow Showcase(estimated)
$894,132