155 East Main

    Gloucester, MA 01930
    • $739,000
    • STATUS: Active
    • MLS #: 72563546
    $739,000
    • 6
      BEDS
    • 0.2
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,581
      SQFT
    • $206
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Salvatore Frontiero of Holly C & Co. Fine Homes.

    Description

    Unique, hard to find commercial/multi unit property in desirable East Gloucester location w/ample parking. The owner lives in 1 apt. and uses the 3 room lower level as a shop for a commercial business, This unit is not included as income. Top floor has long term tenants w/rent well below market value. There are 2 nicely furnished apts. used as vacation/winter rentals with excellent rental history. There are 6 fireplaces, 2 of which are working w/gas inserts in owners unit. and 2 with electric inserts. Also included is a stackable washer/dryer in common area and another in owners unit. Nice deck in back to enjoy harbor breezes. Within 1 mile from Niles and Good Harbor beach. Has some harbor views. Really a must see to appreciate. Home is kept in good condition. Set back off main road. Beautifully landscaped in Spring/ Summer Great opportunity to run a business and collect rents. This property is zoned 5-8 units.

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    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. Data last updated 2019-09-21T07:11:14.073.
    www.coastalnewenglandproperties.com/homes/98883880

    155 East Main Gloucester, MA 01930

    • Price: $739,000
    • Status: Active
    • MLS #: 72563546
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,581
    SQFT
    $206
    $/SQFT
    1920
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Unique, hard to find commercial/multi unit property in desirable East Gloucester location w/ample parking. The owner lives in 1 apt. and uses the 3 room lower level as a shop for a commercial business, This unit is not included as income. Top floor has long term tenants w/rent well below market value. There are 2 nicely furnished apts. used as vacation/winter rentals with excellent rental history. There are 6 fireplaces, 2 of which are working w/gas inserts in owners unit. and 2 with electric inserts. Also included is a stackable washer/dryer in common area and another in owners unit. Nice deck in back to enjoy harbor breezes. Within 1 mile from Niles and Good Harbor beach. Has some harbor views. Really a must see to appreciate. Home is kept in good condition. Set back off main road. Beautifully landscaped in Spring/ Summer Great opportunity to run a business and collect rents. This property is zoned 5-8 units.
    Exterior Features

    Beach Description HarborOcean Beach Ownership Public Beachfront Yes Color Green Construction Frame Exterior Aluminum Exterior Features DeckPatioGuttersStorage Shed Foundation Granite Garage Spaces 0 Lot Description Paved DriveCity View(S)Scenic View(S) Parking Features Off-StreetPaved Driveway Parking Spaces 8 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag Yes

    Interior Features

    Appliances Common Washer / Dryer Combo Appliances Unit3 RangeRefrigerator Basement Yes Bedrooms Unit1 0 Bedrooms Unit2 1 Bedrooms Unit3 2 Bedrooms Unit4 1 Fireplaces 6 Fireplaces Unit1 1 Fireplaces Unit2 1 Fireplaces Unit3 2 Fireplaces Unit4 2 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Interior Features Unit1 Fireplace - Electric Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 16 Rooms Description Unit1 Other (See Remarks) Rooms Unit1 3 Rooms Unit2 1 Rooms Unit3 5 Rooms Unit4 3

    Property Features

    Apod Available Yes Assessments 361300.00 Disclosure No Disclosures Property Classified Mixed Use. Has A Commercial Area For A Business. All Furniture is Available With BuyerSellerNegotiation if Wanted. The Owners Unit is Figured into income At $1750 Estimated Rent For A 5 Room 2 Bedroom Apt. With Heat. Also2 Of The UnitsBased On Seasonal Rentals income. Gross Operating Income 82800 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 4 Family - 4 Units Up/Down Net Operating Income 82800 Rent Unit1 0 Rent Unit2 1750 Rent Unit3 1750 Rent Unit4 2500 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2019 Taxes 4662.00 Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning Mi

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Salvatore Frontiero of Holly C & Co. Fine Homes.


    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. Data last updated 2019-09-21T07:11:14.073.
     
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    Listing courtesy of Salvatore Frontiero of Holly C & Co. Fine Homes.