7 Oak Street, Gloucester MA 01930
About this home
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.
Sale Statistics
This property sold for 15.0% below the original asking price.
The property spent 50 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
7 Oak Street, Gloucester MA 01930
Gloucester, MA 01930
Walkability
Schools
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Dec 2, 2024Listed for Sale
Aug 28, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/02/2024 | ✓ Sold | $730,000 | - | - | Property sold |
| 08/28/2024 | 🏠 Listed for Sale | $789,000 | - | - | Original listing |