155 East Main

    Gloucester, MA 01930
    • $739,000
    • STATUS: Under Agreement
    • MLS #: 72564008
    Pending
    UPDATED: 40 min ago
    $739,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

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

    Description

    Gross numbers of income and expense don't include commercial area rents as owner occupied so added income there if rented. This property is in desirable East Gloucester with Good Harbor and Niles Beach within a mile. This property has many optional scenarios for income use. Seller has used 2 units for seasonal rentals which has been lucrative for her. This is a unique property that really needs to be seen to see if it works for you. Only one tenant and owner in home. Tenants rent is not market value of unit. House in good shape Some views of inner harbor. Deck overlooking seasonal view of harbor. Nicely landscaped in season with ample parking.

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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 2019-10-16T07:08:56.21.
    www.westcottproperties.com/homes/98900740

    155 East Main Gloucester, MA 01930

    • Price: $739,000
    • Status: Under Agreement
    • Updated: 40 min ago
    • MLS #: 72564008
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1920
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Gross numbers of income and expense don't include commercial area rents as owner occupied so added income there if rented. This property is in desirable East Gloucester with Good Harbor and Niles Beach within a mile. This property has many optional scenarios for income use. Seller has used 2 units for seasonal rentals which has been lucrative for her. This is a unique property that really needs to be seen to see if it works for you. Only one tenant and owner in home. Tenants rent is not market value of unit. House in good shape Some views of inner harbor. Deck overlooking seasonal view of harbor. Nicely landscaped in season with ample parking.
    Exterior Features

    Parking Features Paved Driveway Parking Spaces 8 Roof Material Shingle Stories 3

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 388.00 Rsf Building Sq Ft 3192.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 242800.00 Assessed Value Land 118500.00 Assessed Value Total 361300.00 Commercial Industrial Type Commercial Disclosure No Disclosures Property Zoned Mixed Use. Commercial Area Used For Antiques And Jewelry. All Furniture is Available if Buyer WantsWith Negotiation With Seller. Income Based On Approx. Rent Value Of Owners Unit5 Room 2 Bedroom Heat included At $1750 A MonthAnd income From 2 Of The Units Rented As Seasonal Exchange No Gross Annual Expense 21372.00 Gross Annual Income 82800.00 Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 4 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2019 Taxes 4662.00 Utilities Public WaterPrivate Water Wau Units 0 Year Built Source Pr Zone Description Legal Conforming 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 2019-10-16T07:08:56.21.
     
    Westcott Properties
    178 Broadway
    Providence RI, 02903
    Listing courtesy of Salvatore Frontiero of Holly C & Co. Fine Homes.