98 Pleasant Street

Gloucester, MA 01930

$650,000
Price
7
Beds
3
Baths
2,209 Sq. Ft.
$294 / Sq. Ft.
2,209
Sq. Ft.
$294
per Sq. Ft.

Description

2 family investment property located in Central Gloucester consisting of a large 8 Rm 5 BR 2 BA 2nd floor apt above a 1st floor 4 Rm 2 BR 1 BA apt. Current monthly rents total $3950 or $47,400 yearly (below market rate). Expenses for 2023 were $12,021 including re taxes. Updated utilities include 2 sep fhw by gas boilers (1 new in 2023), 2 sep gas hw heaters (2022 and 2023) and two 100 amp electric services. Low maintenance vinyl siding 10 yr and roof done in 2016. Ample paved off-street parking...2 family investment property located in Central Gloucester consisting of a large 8 Rm 5 BR 2 BA 2nd floor apt above a 1st floor 4 Rm 2 BR 1 BA apt. Current monthly rents total $3950 or $47,400 yearly (below market rate). Expenses for 2023 were $12,021 including re taxes. Updated utilities include 2 sep fhw by gas boilers (1 new in 2023), 2 sep gas hw heaters (2022 and 2023) and two 100 amp electric services. Low maintenance vinyl siding 10 yr and roof done in 2016. Ample paved off-street parking for 6 cars. Long term tenants of 19 and 15 years. Large fenced level yard. 2 secure storage areas in basement. Both units have letters of compliance with regard to lead paint. Property is very convenient to T commuter rail station, Shaw's plaza, Rt. 128, and downtown Gloucester shops and restaurants. FIRST SHOWINGS Sat. May 18th from 10;30 -12 by appointment only. Potential for conversion to 3 family. Nearby Burnham's Field playground, walking track, ball fields, and community gardens.
  1. Listed by Lane Team • North Shore's Gold Coast Realty
  2. Listed by Peter Lane • North Shore's Gold Coast Realty

Property Details for 98 Pleasant Street

Town
Gloucester
Area
MA-Gloucester
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of North Shore's Gold Coast Realty, Lane Team; North Shore's Gold Coast Realty, Peter Lane
Add your commute
LISTING UPDATED: 05/21/2024 03:31 AM

Property Details for 98 Pleasant Street

StatusUnder Agreement
MLS #73238105
Days on Market5
Taxes$5,042 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of North Shore's Gold Coast Realty, Lane Team; North Shore's Gold Coast Realty, Peter Lane
Add your commute

Building Information for 98 Pleasant Street

Stories3Residences2Year Built1900Building Size-Lot Size0.10 AC / 4,495 SF

Payment Calculator

$3,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$420

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 98 Pleasant Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
  • Living Area: 2209.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Refrigerator
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl, Carpet, Laminate
  • Interior Features: Storage, Living Room, Kitchen, Dining Room
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Fenced Yard, Porch
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Cleared, Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, Paved Driveway
  • Parking Features: Off-Street, Tandem, Paved Driveway
Utilities
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating: Baseboard, Natural Gas, Individual, Unit Control
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 4434131
  • Assessments: $518,200
  • Book: 35467
  • Lot: 90
  • Map: 27
  • Tax Year: 2024
  • Zoning: R5
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar, Granite
  • Foundation Area: 928.0
  • Cooling Units: 0
  • Heat Units: 2
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $47,400.00
  • Gross Scheduled Income: $.00
  • Insurance: $1,809.00
  • GRE: $12,021
  • HTE: $0
  • MGF: $0
  • MSE: $70
  • RFS: $1,800
  • NOI: $35,379.00
  • Operating Expense: $12,021.00
  • WSE: $3,300.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,950.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 98 Pleasant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 98 Pleasant Street

Taxable ValueLand$128,000Additions$390,200Total$518,200
Tax Record2024$5,042 ($420 / month)
Home Facts
Baths3Total Finished SqFt2,209 SqFtAbove Grade Finished SqFt2,209 SqFtUnfinished Basement SqFt928 SqFtStories2Lot Size4,495 SqFtStyleDuplexYear Built1900ZoningR-5CountyESSEXAPNGLOU M:0027 B:0090 L:0000

Schools near 98 Pleasant Street

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
East Gloucester Elementary School
PublicK to 5

Ralph B O'maley Middle School
Public6 to 8

Gloucester High School
Public9 to 12

St Ann School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of North Shore's Gold Coast Realty, Lane Team; North Shore's Gold Coast Realty, Peter Lane

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.