7 Oak Street
$730,000
8
3
2,802
2,802
$261
Sold 12/2/24
Description
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....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.
- Listed by Jill Michaud • Gibson Sotheby's International Realty
Property Details for 7 Oak Street
Town
Gloucester
AreaMA-Gloucester
Garage Spaces0
Parking Spaces4.00
Parking Spaces Total4
LISTING UPDATED: 12/03/2024 03:11 PM
Property Details for 7 Oak Street
Status | Sold |
---|---|
MLS # | 73282563 |
Days on Market | 51 |
Taxes | $5,693 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 3 Family |
Year Built | 1900 |
County | Essex County |
Building Information for 7 Oak Street
Stories6Residences3Year Built1900Building Size-Lot Size0.00 AC / 0 SF
Property Information for 7 Oak Street
Property History for 7 Oak Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7 Oak Street
Taxable ValueLand$117,400Additions$467,700Total$585,100
Tax Record2024$5,693 ($474 / month)
Home Facts
Baths3Total Finished SqFt2,621 SqFtAbove Grade Finished SqFt2,621 SqFtUnfinished Basement SqFt1,152 SqFtStories2Lot Size3,000 SqFtStyleTriplexYear Built1900ZoningR-5CountyESSEXAPNGLOU M:0029 B:0081 L:0000
Schools near 7 Oak Street
This home is within Gloucester School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Veterans Memorial PublicK to 5 | ||
Ralph B O'maley Middle School Public6 to 8 | ||
Gloucester High School Public9 to 12 | ||
St Ann School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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