Investors/Developers! This mixed use building offers an excellent potential return and a variety of potential uses. The property is located among the busiest shops and restaurants on Main street and includes two retail stores, both currently leased, and three residential ap...
This home has been viewed 24 times
Last Checked: May 6th, 2024 at 11:50pm (Source: MLS PIN #73009310)
Gross Income: $39,600
Gross Expenses: $10,528
Net Income Calc: $29,072
CAP Rate: 1.62%
Water Views
Beach Front
Annual Expenses for 100-102 Main St, Gloucester MA 01930
Total Gross Expenses (Calculated)$10,528/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,528.84
Annual Income & Unit Breakdown for 100-102 Main St, Gloucester MA 01930
Total Gross Income (Calculated)$39,600
Unit 1
Rental Income$1,650
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,650
LeaseY
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit2
HeatingNo
Rent Includes
General Information for 100-102 Main St, Gloucester MA 01930
Listing ID73009310
Property TypeMulti Family
Price$1,800,000 ($223.08/SqFt)
Style5+ Family - 5+ Units Up/down
CityGloucester
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total8,069 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking0
Garage Parking
Year Built1905
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsStone
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningCB
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), Unknown To Beach
Energy Features
Terms
Disclosures for 100-102 Main St, Gloucester MA 01930
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureGross living are per public record except that 4th
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$39,600
Total Net Income By Broker$39,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 100-102 Main St, Gloucester MA 01930
Real Estate Taxes$10,528.84
Tax Year2022
Assessed Value$897,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$39,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$39,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.62%
Location Information for 100-102 Main St, Gloucester MA 01930
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesHouse Of Worship, Shopping, Public Transportation, Marina, University
Contact Information for 100-102 Main St, Gloucester MA 01930