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$2,089,000

6 Beds 4 / 2 Full / Half Baths 8,069 SQFT 0.07 Acres

Type: Multi-Family

100-102 Main St
Gloucester, MA 01930

MLS#: 73377209

Bethany Pratt

Churchill Properties

North Shore Residential Specialist

Agent Cell: (617) 388-9571

Office Phone: (833) 668-4649

VISIT MY WEBSITE

Presented by: Bethany Pratt with Churchill Properties.

Property Description

Investors/Developers! This mixed use building offers an excellent potential return and a variety of potential uses. The property is located among the busiest shops and restaurants on Main street and includes two retail stores and three residential apartments all currently leased. The residential units include beautiful architectural details including exposed brick, over-sized windows, tall wooden-beamed ceilings, recessed lighting, central air and beautiful views of the harbor and ocean. There is a 2000+ sf single level luxury apartment on the second floor, with large granite kitchen, and two townhouse units of apx. 1350 utilizing the third and fourth floors. Historic Gloucester Harbor and a public beach is just 1/10 mile from the property. Don’t miss this amazing opportunity.

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths2

Total Baths6

Other Interior Features

Air Conditioning Y/NYes

BasementFull, Interior Entry, Concrete, Unfinished

Fireplace Y/NNo

FlooringWood, Tile, Carpet, Varies, Hardwood

Interior AmenitiesCathedral/Vaulted Ceilings, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Internet Available - Unknown, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Office/Den

Total Fireplaces0

Total Stories7

Window FeaturesBox/Bay/Bow Window(s)

General

AppliancesRange, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Building Area Units0 sqft

Certified TreatedUnknown

CityGloucester

Community FeaturesPublic Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station, Sidewalks

Construction MaterialsBrick, Stone

CoolingCentral Air

CountyEssex

DirectionsDowntown Gloucester on the corner of Main Street and Center Street

DisclosuresRecent repairs and renovations(1) water line(2) sewer line(3) roof(4) renovated kitchens and bathrooms in units 4 and 5 on 3rd floor(5) Added central Air in 3rd floor units

Electric Expense486

Full Baths4

Garage Spaces0

Garage Y/NNo

Gross Income139200

Home Warranty Y/NNo

Insurance Expense9000

Levels7

Lot Size Square Feet2,890 sqft

Lot Size UnitsAcres

Net Operating Income120714

Number Of Units Total5

Operating Expense18486

Patio/Porch FeaturesPorch, Deck - Composite

Property Subtype5+ Family - 5+ Units Up/Down

Property TypeResidential Income

Senior Community Y/NNo

SewerPublic Sewer

Standard StatusActive

StatusActive

Tax Annual Amount$11,350

Tax Assessed Value$1,118,800

Tax Lot001

Tax Year2025

Total Actual Rent11600

Total Rooms16

ViewCity View(s), Scenic View(s), City

Water Sewer Expense1000

Waterfront FeaturesOcean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Year Built1905

Year Built DetailsApproximate

Year Built SourcePublic Records

ZoningCB

Exterior

Building Area Total8,069 sqft

Covered Spaces0

Exterior AmenitiesBalcony/Deck

Foundation DetailsOther

Lot FeaturesCorner Lot

Lot Size Acres0.07

Lot Size Area0 sqft

Road Frontage TypePublic

Road ResponsibilityPublic Maintained Road

Road Surface TypePaved

SpaNo

Total Parking0

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Middle School N/A

Elementary School N/A

Similar Properties

$2,089,000

6 Beds 4 / 2 Full / Half Baths 8,069 SQFT 0.07 Acres

Type: Multi-Family

100-102 Main St
Gloucester, MA 01930

MLS#: 73377209

Bethany Pratt

Churchill Properties

North Shore Residential Specialist

Agent Cell: (617) 388-9571

Office Phone: (833) 668-4649

VISIT MY WEBSITE

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Property

$2,089,000

100-102 Main StGloucester, MA 01930

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$2,089,000

100-102 Main StGloucester, MA 01930

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100-102 Main St
Gloucester, MA 01930

100-102 Main St
Gloucester, MA 01930