10 Oakes Avenue, MagnoliaGloucester, MA 01930MLS Number 72873603

  • Price: $3,500,000
  • Est. Mortgage of $/month
  • 180 Days on Market
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$
%
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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10 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 01930
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  • 14Bedrooms
  • 11Bathrooms
  • 9,501Square Feet
  • 0.43Acreage
RARE OPPORTUNITY to own an 11-unit building with stunning, unobstructed, oceanfront views. SHORE DRIVE MANOR sits at the tip of Magnolia Point. Once a hotel frequented by high-society, the property still retains features of a time gone by. Beautiful woodwork, paneling, beamed ceilings, stained glass, hardwood floors, fireplaces, and built-ins. Units are fully occupied and seller has updated Buderus Oil Boilers, water heater, and electric. The literature from the former hotel puts it best: "When you can relax at the waters edge caressed by Cape Ann's cool breezes, relax in the warm sun, take short walks to the beach, be centrally located to explore Cape Ann's wonders...who could ask for anything more?"
Listed by Daniel Cutler and Sam Lockard of Bay Colony Realty

Driving Directions

228 Cabot Street
228 Cabot Street
Office: 978.922.1000
228 Cabot Street
Beverly, MA 01915

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More Info

Parking

  • Garage Spaces
  • Parking Spaces18
  • Parking DescriptionOff-Street, Assigned, Paved Driveway
  • Total Parking Spaces18

Building

  • Year Built1907
  • ConstructionFrame
  • Bathroom11
  • Full Bath11
  • Bedrooms14
  • Total Brs14
  • Total Fbh11
  • Total Flrs1
  • Total Frplcs3
  • Total Levels2
  • No Rooms8
  • Total Rms39
  • Total Rooms8
  • Levels4
  • Levels 11
  • Levels 21
  • BasementYes
  • Bedrms 12
  • Bedrms 22
  • FoundationGranite
  • DirectionFrom intersection of Raymond St, Norman Ave, and Magnolia Ave, take Fuller St to Oakes Ave
  • Rms 14
  • Rms 24
  • Lead PaintUnknown
  • Units11

Other

  • Wse2159
  • Year Built DescrpApproximate
  • Year RoundYes
  • Apod AvailableYes
  • Insc18011
  • Parcel NumberM:0166 B:0046 L:0000
  • Rfs2290
  • Rme7639
  • Noi107509
  • View Count144

Basic Information

  • Property Type5-9 Family
  • Date Listed07/29/2021
  • List Price$3,500,000
  • Price Per Sq Ft$368
  • Status Date2022-01-19T19:53:00
  • MLS Number72873603
  • MLS StatusActive

Property

  • Acreage0.43
  • Lot Size18524
  • Square Feet9,501
  • Lease 1Y
  • Lease 2Y
  • Rnt Dscrp 2Water, Hot Water
  • Lot DescriptionCorner, Paved Drive, Gentle Slope, Scenic View(s)
  • Rent21750
  • Rent11750
  • Rnt Dscrp 1Water, Hot Water
  • Total Rent20400
  • Assessments2231900
  • Main LoAN3615
  • Road TypePublic, Private, Paved, Publicly Maint., Privately Maint.

Utilities

  • Heat Units3
  • Utility ConnectionsVaries per Unit
  • Electric FeatureCircuit Breakers, 200 Amps, Individually Metered
  • Elec3225
  • Energy FeaturesVaries per Unit
  • WaterCity/Town Water
  • Hot WaterTank, Varies Per Unit, Other (See Remarks)
  • SewerPrivate Sewerage

Location

  • Street Num10
  • Building Number10
  • StreetOakes Avenue
  • TownGloucester
  • StateMA
  • Zip01930
  • Zip Code 43922
  • NeighborhoodMagnolia
  • CountyEssex

Interior

  • Fire Places3
  • Basement FeatureFull, Finished
  • F Bths 22
  • F Bths 12
  • Hea Dscrp 1Electric
  • Hea Dscrp 2Oil
  • Flrs 21
  • FlooringVaries Per Unit

Exterior

  • ColorGray
  • ExteriorShingles, Asbestos
  • Exterior FeaturesPorch, Patio, Sprinkler System, Screens, Varies per Unit
  • Roof MaterialAsphalt/Fiberglass Shingles, Rubber

Amenities

  • Other AmenitiesBasement, Fireplace, Water View, Waterfront

Water Body

  • WaterfrontYes
  • BeachfrontYes
  • Beach DescriptionOcean, Walk to
  • Miles to Beach1/10 to 3/10
  • Beach OwnershipPublic

Photos

  • Number of Photos39
  • Photo Date2021-11-30T21:00:00
  • Prop TypeMF

Gloucester, MA Demographics

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Gloucester, MA Real Estate Market Data

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Gloucester, MA Schools

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