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    89 Prospect St

    Gloucester, MA 01930
    • $499,000
    • STATUS: Contingent
    • MLS #: 72805739
    Under Contract
    UPDATED: 44 min ago
    $499,000
    • 5
      BEDS
    • 0.11
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $200
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Bob Raiche of Century 21 North East.

    Description

    Attention Contractors and Investors! Heres a rare 3 family home in the heart of Gloucester. The home has 3 units The first unit is in the partially finished, walk out basement. It has one bedroom. The 2nd unit is on the main floor and has 2 bedrooms. The 3rd unit is on the second and third floor, the main level has a spacious kitchen and living room, a smaller extra room, a bathroom, and access to the deck. The third floor has 2 bedrooms, and a couple of unfinished rooms for storage or expansion potential. There is a good sized yard, 3 parking spaces, and a large storage shed that while structurally sound, needs work. Electric is on one meter, and heat/hot water is paid by each unit. The home has vinyl siding, newer windows and newer roof. Sold as-is and with currently paying tenants who would like to stay. This property will likely not comply with FHA financing requirements. Units 2 & 3 are in good shape. Unit 1 needs work. ***Group Showings by Appointment Only**

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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 2021-04-18T13:07:57.447.
    www.trustrealtyone.com/homes/115791320
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    89 Prospect St Gloucester, MA 01930

    • Price: $499,000
    • Status: Contingent
    • Updated: 44 min ago
    • MLS #: 72805739
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,500
    SQFT
    $200
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    Attention Contractors and Investors! Heres a rare 3 family home in the heart of Gloucester. The home has 3 units The first unit is in the partially finished, walk out basement. It has one bedroom. The 2nd unit is on the main floor and has 2 bedrooms. The 3rd unit is on the second and third floor, the main level has a spacious kitchen and living room, a smaller extra room, a bathroom, and access to the deck. The third floor has 2 bedrooms, and a couple of unfinished rooms for storage or expansion potential. There is a good sized yard, 3 parking spaces, and a large storage shed that while structurally sound, needs work. Electric is on one meter, and heat/hot water is paid by each unit. The home has vinyl siding, newer windows and newer roof. Sold as-is and with currently paying tenants who would like to stay. This property will likely not comply with FHA financing requirements. Units 2 & 3 are in good shape. Unit 1 needs work. ***Group Showings by Appointment Only**
    Exterior Features

    Beachfront Yes Foundation Granite Lot Description Fenced/Enclosed Parking Spaces 3 Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit1 RangeWasher / Dryer Combo Appliances Unit2 RangeWasherDryer Basement Yes Basement Features FullPartially Finished Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 2 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Units 0 Cooling Zones 0 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wood Floors Unit1 0 Floors Unit2 1 Floors Unit3 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Units 3 Heat Zones 3 Heating Unit1 Gas Heating Unit2 Hot Water RadiatorsGas Heating Unit3 Hot Water RadiatorsGas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 2 Rooms 13 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchenOther (See Remarks) Rooms Unit1 3 Rooms Unit2 5 Rooms Unit3 5

    Property Features

    Amenities Public TransportationShoppingHighway AccessMarinaT-Station Apod Available No Assessments 405200.00 Contingency Type Pending P&S Disclosure No Disclosures Lower Level Unit Bedroom is Down To The Studs Due To A Prior Leak From The 1st Floor. One Electric Meter. Heat And Hot Water Paid Per Unit For 2 & 3. According To The OwnerThe Shed/Garage Has Been Structurally RebuiltBut Siding is Rusted And Needs To Be Replaced. Exclusions Tenants Personal Belongings. Expenses Source Owner Provided Gross Operating Income 49200 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 39538 Rent Description Unit1 ElectricGas Rent Description Unit2 Electric Rent Description Unit3 Electric Rent Unit1 1000 Rent Unit2 1800 Rent Unit3 1300 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Public Record Does Not include The Finished Area in The Lower Level Sq Ft Includes Basement Yes Sq Ft Source Other Tax Year 2021 Taxes 5040.69 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning R-5

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Bob Raiche of Century 21 North East.


    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 2021-04-18T13:07:57.447.
     
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    Needham MA, 02492
    Listing courtesy of Bob Raiche of Century 21 North East.