Last Sold Price
5 beds1,691 sqft$390/sqft
5 Oak St, Gloucester, MA 01930

Description

Discover this well-maintained two-family home ideally situated in the heart of Gloucester. The first-floor unit offers a cozy one-bedroom layout with the potential to create a second bedroom, perfect for flexibility and customization. One full bathroom completes this level. Upstairs, you'll find a spacious four-bedroom haven featuring a modern kitchen, an enclosed porch, a welcoming living room, and a dining room. Two full bathrooms, including one with just a tub, provide ample convenience for residents....Discover this well-maintained two-family home ideally situated in the heart of Gloucester. The first-floor unit offers a cozy one-bedroom layout with the potential to create a second bedroom, perfect for flexibility and customization. One full bathroom completes this level. Upstairs, you'll find a spacious four-bedroom haven featuring a modern kitchen, an enclosed porch, a welcoming living room, and a dining room. Two full bathrooms, including one with just a tub, provide ample convenience for residents. Enjoy the added benefit of off-street parking for up to six vehicles. Both units have separate utilities for efficient management. This property offers an excellent opportunity for investment or owner-occupancy. First showings at Open House Friday, August 16th.
LISTING CLOSED: 09/27/2024 12:00 AM

Property Details for 5 Oak Street

Status
MLS #
73277014
Days on Market
20
Taxes
$4,228 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1900
Town
Gloucester
Area
MA-Gloucester
Garage Spaces
0
Parking Spaces Total
6

Location

Sold By J. Barrett & Company, Christine Grammas

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Building Information for 5 Oak Street

Stories3Residences2Year Built1900Building Size-Lot Size0.07 AC / 3,049 SF

Payment Calculator

$3,702 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,350

Property Taxes

$352

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Oak Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 1691.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room, Family Room, Mudroom
  • SpaYN: No
Exterior Features
  • Exterior Features: Fenced Yard, Porch - Enclosed
  • Fencing: Fenced
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 1895253
  • Assessments: $431,400
  • Book: 41788
  • Tax Year: 2025
  • Zoning: R-5
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Granite
Income / Expenses
  • GOI: $37,200.00
  • NOI: $37,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,100.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 5 Oak Street

DateEvent & SourcePriceAppreciation
Sep 27, 2024

Sold

MLS PIN #73277014

$659,000
Aug 18, 2024

Under Agreement

MLS PIN #73277014

Aug 18, 2024

Contingent

MLS PIN #73277014

DateEvent & SourcePrice
09/27/2024

Sold

MLS PIN #73277014

$659,000
08/18/2024

Under Agreement

MLS PIN #73277014

08/18/2024

Contingent

MLS PIN #73277014

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

Public Records for 5 Oak Street

Taxable ValueLand$123,300Additions$317,000Total$440,300
Tax Record2025$4,280 ($357 / month)
Home Facts
Baths2Total Finished SqFt1,691 SqFtAbove Grade Finished SqFt1,691 SqFtUnfinished Basement SqFt786 SqFtStories2Lot Size3,000 SqFtStyleDuplexYear Built1900ZoningR-5CountyESSEXAPNGLOU M:0029 B:0082 L:0000

Schools near 5 Oak 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 Veterans Elementary School
PublicK to 5

Ralph B O'Maley Innovation 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Oak Street, Gloucester, MA 01930
$659,000
5
1,691
3,049
$730,000
8
2,802
0
$371,000
3
1,648
3,000
$125,000
3
1,883
3,000
3
3,360
6,420
$400,000
7
2,019
3,049

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.