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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

    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.

    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