100 Prospect Street

Gloucester, MA 01930

$385,000
Last Sold Price
9
Beds
9
Baths
3,752 Sq. Ft.
$103 / Sq. Ft.
3,752
Sq. Ft.
$103
per Sq. Ft.

Description

Conveniently located 9 unit multi-family within walking distance of parks, restaurants, commuter rail and city amenities. Building is on large 1/4 acre lot with off-street parking for 9 vehicles and large backyard. New roof with architectural shingles installed 2014. Newer furnace and fire alarm panel. All tenants are TAW. This property may also be purchased as part of a portfolio with two other multi-family properties. See MSL listings 71735277 and 71735282.Conveniently located 9 unit multi-family within walking distance of parks, restaurants, commuter rail and city amenities. Building is on large 1/4 acre lot with off-street parking for 9 vehicles and large backyard. New roof with architectural shingles installed 2014. Newer furnace and fire alarm panel. All tenants are TAW. This property may also be purchased as part of a portfolio with two other multi-family properties. See MSL listings 71735277 and 71735282.
  1. Listed by Fred Newton • Sovereign Realty Advisors, LLC

Property Details for 100 Prospect Street

Town
Gloucester
Area
MA-Gloucester
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8
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LISTING UPDATED: 08/06/2022 06:03 AM

Property Details for 100 Prospect Street

StatusSold
MLS #71735279
Days on Market110
Taxes$5,992 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyEssex County
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Building Information for 100 Prospect Street

Stories8Residences9Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,600 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,101

Property Taxes

$499

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 100 Prospect Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat
  • Current Financing: Conv. Fixed
  • Living Area: 3752.0
  • Color: Yellow
  • Total Units: 9
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Walk Out, Concrete Floor
  • Num of Baths: 9.0
  • Num of Full Baths: 9
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 9
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
Exterior Features
  • Construction: Frame
  • Lot Description: Level
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 1894849
  • Assessments: $461,700
  • Book: 14407
  • Tax Year: 2014
  • Zoning: R5
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 8
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Foundation Area: 1692.0
Income / Expenses
  • Electricity: $4,680.00
  • Annual Expenses Source: Owner
  • GOI: $65,835.00
  • Insurance: $2,400.00
  • GRE: $29,650
  • MSE: $2,000
  • RFS: $1,920
  • RME: $2,000
  • NOI: $36,185.00
  • Operating Expense: $29,650.00
  • WSE: $6,326.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,775.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 100 Prospect 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 100 Prospect Street

Taxable ValueLand$208,700Additions$916,100Total$1,124,800
Tax Record2024$10,944 ($912 / month)
Home Facts
Baths9Total Finished SqFt3,752 SqFtAbove Grade Finished SqFt3,752 SqFtUnfinished Basement SqFt1,593 SqFtStories3Lot Size10,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR-5CountyESSEXAPNGLOU M:0026 B:0056 L:0000

Schools near 100 Prospect 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.

Similar Homes

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Similar Sold Homes

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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 Sovereign Realty Advisors, LLC, Fred Newton

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.