85 Prospect StreetGloucester, MA 01930MLS Number 73116196

  • Price: $1,149,900
  • Est. Mortgage of $/month
  • 14 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
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85 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 0193085 Prospect Street Gloucester MA 01930
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  • 7Bedrooms
  • 6Bathrooms
This 2-story six (6) unit Gable style multi family has a total rentable square footage of 3,564 with a total gross square footage of 4,600 with a unit mix of five (5) one-bedrooms and one (1) two-bedroom. The property boasts original maintained wide pine floors and sheathing from King George’s forest in New Hampshire and is stamped with hand forged nails. All units have decorative fireplaces and custom built-in cabinetry. Large backyard with porch and grass areas. At the back of the building is a large shed for storage. 85-87 Prospect offers investors the opportunity to own in downtown Gloucester while bringing undervalued rents to market through strategic renovations.
Listed by Sara Pouladian and Dan Pouladian of North Shore Realty Advisors

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $102,300
  • Lot Features Other
  • Mls StatusPrice Changed
  • Parcel Number M:0013 B:0040 L:0000,1893979

Location

  • Address85 Prospect Street
  • Building Number85
  • CountyEssex
  • StateMA
  • StreetProspect Street
  • TownGloucester
  • Zip01930

Exterior

  • Exterior Features Balcony, Storage, Garden
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,564
  • Lot Size Square Feet 5,888
  • Lot Size Units Acres
  • Square Feet3,564

Other

  • Buyer Agency Compensation2%
  • Date Listed05/25/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensationnot offer
  • View Count3

Tax Information

  • Tax Assessed Value $706,000
  • Tax Year 2023
  • Taxes$7,477

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms7
  • Full Bath6

Building

  • BasementPartial, Bulkhead
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 6
  • FoundationStone
  • Garage Spaces
  • Patio And Porch Features Porch, Deck, Patio
  • Rooms19
  • Stories7
  • Year Built1900
  • Year Built Details Unknown/Mixed
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.1
  • Waterfront Features Beach Front, Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Basic Information

  • List Price$1,149,900
  • MLS Number73116196
  • Modification Date06/07/2023
  • Property SubType5-9 Family

Property

  • Acreage0.14

Interior

  • Flooring Hardwood, Pine

Utilities

  • Electric 220 Volts
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedGas Water Heater
  • Other Amenities
    • Basement
    • Beachfront
    • Fireplace
    • Garden
    • Water View
    • Waterfront

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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