Under Agreement
- 4Bedrooms
- 2Bathrooms
- 972Square Feet
- 0.06Acreage
**INVESTMENT OPPORTUNITY** This 2-unit multi-family property in downtown Gloucester offers an incredible opportunity for a beginning investor to enter the real estate market. Its prime location, versatile unit configurations, and potential for steady rental income make it an appealing prospect for those looking to build their investment portfolio in one of the most desirable markets in the Northeast. Don't miss out on the chance to own a slice of Gloucester's vibrant lifestyle and capitalize on the growing demand for rental properties in this sought-after locale. Seize the moment and make this property your next successful investment venture. Come experience the charm and potential firsthand. Property consists of a 1bed/1bath unit and a 3bed/1 unit. Off-street parking for 2-3 cars; and a backyard for fire-pits, BBQs and entertaining. Property is just a few hundred yards from the new elementary school. Low operating expenses.Tenants pay gas and electric.
Listed by Stephen Martin of Lux Realty North Shore
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Basic Information
- Gross Income $42,000
- Lot Features Corner Lot
- Mls StatusUnder Agreement
- Parcel Number M:0047 B:0023 L:0000,1896124
Location
- Address19 Sadler Street
- Building Number19
- CountyEssex
- StateMA
- StreetSadler Street
- TownGloucester
- Zip01930
Property Information
- Building Area Source Public Records
- Living Area 972
- Lot Size Square Feet 2,560
- Lot Size Units Acres
- Square Feet972
Other
- Buyer Agency Compensation2
- Date Listed08/11/2023
- Farm Land Area Units Square Feet
- Transaction Broker Compensation1
- View Count31
Tax Information
- Tax Assessed Value $373,300
- Tax Year 2023
- Taxes$3,953
Basic Information
- List Price$550,000
- MLS Number73147285
- Modification Date08/11/2023
- Property SubTypeMulti Family
- Purchase Contract Date08/11/2023
Property
- Acreage0.06
Utilities
- Sewer Public Sewer
- Water Source Public
Amenities
- AmenitiesPublic Transportation, Shopping, Park, Public School, T-Station
- Other AmenitiesBeachfront, Water View
Legal
- ZoningR-5
Parking
- Parking Features Off Street
- Parking Spaces2
Rooms
- Bathroom2
- Bathrooms Total Decimal 2
- Bedrooms4
- Full Bath2
Building
- Building Area Units Square Feet
- FoundationConcrete Perimeter, Block, Stone
- Garage Spaces
- Rooms8
- Stories3
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Water Body
- Miles to Beach2
- Waterfront Features Beach Front, Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)
73147285
Gloucester, MA Demographics
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73147285
Gloucester, MA Real Estate Market Data
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73147285
Gloucester, MA Schools
| School Name | Distance | Type | Grades |
|---|---|---|---|