Address
7 Riggs Gloucester, MA
Price
$ 1,575,000
Property Attributes
  • MLS#72815719
  • TypeMulti-Family
  • CountyESSEX
  • CityGloucester
  • Zip01930
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1904
  • Taxes$ 8030
  • Price$ 1,575,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage4066
Listing Provided Courtesy Of:
Hope Watt-Bucci with Coldwell Banker Realty - Manchester.
Data Source:
MLSPIN
Property Description

Appointment required. If you are looking for an investment or 1031 exchange then look no further than this multi-family property close to the ocean. One block from Stacey Boulevard and Gloucester's outer harbor and the famous Greasy pole, this property is located in close proximity to downtown and all the excitement this seacoast city has to offer. Per city of Gloucester records, this is a 4 to 8 unit building, but it is currently being utilized as a 5 unit building. Come explore the potential of this ideally located, income-producing property.

Price History
4/16/2021 Listed $1,575,000

General Features

Distance to Beach in Miles 0 to 1/10 Mile
Exterior Features Porch
Full Baths 6
Half Baths 1
Heated Units 5
Lead Paint Unknown
Levels 6
Parking Features Off-Street
Parking Spaces 3
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 4066.00
State Massachusetts
Unit 1 Rent 2500
Unit 2 Rent 1650
Unit 3 Rent 1600
Unit 4 Rent 2500
Year End Expenses 12/20

Interior Features

Basement Features Full, Concrete Floor, Unfinished Basement
Bedrooms (1) 2
Bedrooms (2) 1
Bedrooms (3) 1
Bedrooms (4) 2
Hot Water Oil
Total Bedrooms 11
Total Number of Units 5

Exterior Features

Exterior Vinyl
Foundation Granite
House Color Tan
Lot Description Gentle Slope

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01930

Price
AVG $1.29M
$1.58M
Taxes
AVG $11,160
$8,030
Visits
AVG 39
19
Year Built
AVG 1910
1904

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