Multi-Family for Sale: 7 Oak Street, Gloucester, MA 01930

8 beds
3 full baths
2,802 sqft
$789,000
$789,000
7 Oak Street, Gloucester, MA 01930
8 beds
3 full baths
2,802 sqft
$789,000
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Price:
$789,000
$70,000 - 09/28/2024

Type Multi-Family
Beds 8
Total Baths 3 full baths
Square Feet 2,802 sqft
Year Built 1900

City Gloucester
County Essex

MLS 73282563
Status Pending
DOM 91 days
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.

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range
Heating Baseboard, Natural Gas, Hot Water, Electric
Sewer Public Sewer
Tax Year 2024
Taxes Paid $5,693
Water Public
Foundation Granite
Interior Features Bathroom With Tub & Shower, Sunroom, Storage, Living Room, Kitchen
Roof Shingle
Full Baths 3
Parking Off Street, Paved Drive
Total Rooms 14
Basement Feature Bulkhead, Unfinished, Interior Entry, Full, Concrete
Garage Spaces 0
Waterfront Beach Front, Beach Ownership(Public)

Community and Schools

Junior High School O'maley
Senior High School Gloucester

Price History of 7 Oak Street, Gloucester, MA

Date Name Price Difference
09/28/2024 Price Adjustment $789,000 8.15%
08/28/2024 Listing Price $859,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7 Oak Street, Gloucester, MA

Location Map Street View
Photo of Dan Rosa
Direct: 603-234-2383
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Gibson Sotheby's International Realty, Jill Michaud
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7 Oak Street (MLS #73282563) is a multi-family listing located in Gloucester, MA. This multi-family listing is 2,802 sqft with 8 bedrooms and 3 baths. This property was listed on 08/28/2024 and has been priced for sale at $789,000.

Nearby zip codes are 01929, 01944 and 01966. This property neighbors other cities such as Essex, Manchester and Rockport.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Gibson Sotheby's International Realty

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.