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Key Details
Sold Price $563,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 972 sqft
Price per Sqft $579
MLS Listing ID 73147285
Sold Date 09/29/23
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $3,953
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Description
**INVESTMENT OPPORTUNITY** This 2-unit multi-family property in downtown Gloucester offers an incredible opportunity for a beginning investor to enter the real estate market. Its prime location, versatile unit configurations, and potential for steady rental income make it an appealing prospect for those looking to build their investment portfolio in one of the most desirable markets in the Northeast. Don't miss out on the chance to own a slice of Gloucester's vibrant lifestyle and capitalize on the growing demand for rental properties in this sought-after locale. Seize the moment and make this property your next successful investment venture. Come experience the charm and potential firsthand. Property consists of a 1bed/1bath unit and a 3bed/1 unit. Off-street parking for 2-3 cars; and a backyard for fire-pits, BBQs and entertaining. Property is just a few hundred yards from the new elementary school. Low operating expenses.Tenants pay gas and electric.
Location
State MA
County Essex
Zoning R-5
Direction Google
Exterior
Community Features Public Transportation, Shopping, Park, Public School, T-Station
Waterfront false
Waterfront Description Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Concrete Perimeter, Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Jill Michaud • Gibson Sotheby's International Realty