7 Oak Street

Gloucester, MA 01930 Directions
$859,000
  • 8Bed
  • 3Baths
  • 2,802Sqft
  • 1900Built
  • $307Price/Sqft

Property Highlights

  • Mid. School: O'maley
  • High School: Gloucester
  • Days on Market: 479
  • MLS: 73282563

Property Highlights

  • Mid. School: O'maley
  • High School: Gloucester
  • Days on Market: 479
  • MLS: 73282563

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,...

Property Highlights

  • Mid. School: O'maley
  • High School: Gloucester
  • Days on Market: 479
  • MLS: 73282563

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.

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.

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  • Additional Information
    • Basement Description: Full, Interior Entry, Concrete, Unfinished
    • Days On Market: 479
    • Electrical Features: Circuit Breakers
    • High School: Gloucester
    • Living Area SqFt: 2802
    • Middle School: O'maley
    • On Market Date: 2024-08-28
    • Parking: Paved, Off Street
    • Parking Spaces: 4
    • Sewer: Public Sewer
    • Tax Amount: $5,693
    • Tax Year: 2024
    • Type: Residential Income
    • Unit Count: 3
    • Year Built: 1900
    • Year Built Details: Approximate
  • Interior/Exterior Features
    • Appliances Included: Range, Refrigerator, Dishwasher, Electric Water Heater, Gas Water Heater
    • Beds: 8
    • Flooring: Hardwood
    • Full Baths: 3
    • Heat: Natural Gas, Hot Water, Baseboard, Electric
    • Interior Features: Storage
    • Living SqFt Source: Appraiser
    • Roof: Shingle
    • Rooms: 14

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Listing Courtesy of Jill Michaud of Gibson Sotheby's International Realty.

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