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40-42 Middle St Gloucester, MA 01930
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Key Details
Sold Price $1,465,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,731 sqft
Price per Sqft $217
MLS Listing ID 73177133
Sold Date 02/02/24
Bedrooms 10
Full Baths 6
Year Built 1900
Annual Tax Amount $10,760
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.
Location
State MA
County Essex
Zoning R-5
Direction GPS
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Marina, Public School, T-Station
Waterfront false
Waterfront Description Beach Front,Ocean,1/10 to 3/10 To Beach
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Story 10
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Shoshanah Collins • Boston Metropolitan Realty