101 Western Avenue

Gloucester, MA 01930

$1,125,000
Price
3
Beds
2
Baths
1
1/2 Bath
3,785 Sq. Ft.
$297 / Sq. Ft.
3,785
Sq. Ft.
$297
per Sq. Ft.

Description

Rare opportunity to own a waterfront mixed use multifamily right on beautiful Stacy Boulevard! A special place to enjoy the historic harbor of Gloucester. Well maintained and updated property with endless potential suitable for an owner occupied who wants to live in the residential unit and get income from the commercial space or a savvy investor/developer who would like to convert this multifamily into two condos. Condo docs are almost done. Amazing water views from almost every room! The residential...Rare opportunity to own a waterfront mixed use multifamily right on beautiful Stacy Boulevard! A special place to enjoy the historic harbor of Gloucester. Well maintained and updated property with endless potential suitable for an owner occupied who wants to live in the residential unit and get income from the commercial space or a savvy investor/developer who would like to convert this multifamily into two condos. Condo docs are almost done. Amazing water views from almost every room! The residential unit has breathtaking views with 2,070 sq. ft., 2 bedrooms, 2 Large Bathrooms, nice size living room, dining room, laundry area, closets space and a private parking space for one car. This unit also has potential to build a garage and put a deck on top for outdoor space. The commercial space with 1,715 sq. ft. has a large conference area with amazing ocean views, 5 individual offices spaces, kitchen, handicap bathroom and a large finished basement used as an office and storage.
  1. Listed by Gabriela Debenedictis • Coldwell Banker Realty - Manchester

Property Details for 101 Western Avenue

Town
Gloucester
Area
MA-Gloucester
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1

Location

Listing Courtesy of Coldwell Banker Realty - Manchester, Gabriela Debenedictis
Add your commute
LISTING UPDATED: 04/05/2024 03:09 AM

Property Details for 101 Western Avenue

StatusUnder Agreement
MLS #73212479
Days on Market22
Taxes$8,013 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Manchester, Gabriela Debenedictis
Add your commute

Building Information for 101 Western Avenue

Stories4Residences2Year Built1900Building Size-Lot Size0.04 AC / 1,724 SF

Payment Calculator

$6,807 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,140

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 Western Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Living Area: 3785.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Microwave, Refrigerator, Range, Washer, Dryer
  • Basement Features: Full, Finished, Interior Access
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Stone/Ceramic Tile
  • Interior Features: Cathedral/Vaulted Ceilings, Storage, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Kitchen
  • Interior Features: Other(See Remarks)
  • SpaYN: No
  • Window Features: Skylight(s), Insulated Windows, Storm Window(s)
Exterior Features
  • Exterior Features: City View(s)
  • Lot Description: Corner Lot
  • Roof Material: Shingle
  • View: City
  • View: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Bay, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Bay
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Ductless Mini-Split System, Other (See Remarks)
  • Cooling: Yes
  • Electric: 220 Volts
  • Heating: Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Some pictures are virtually staged. Owners never live in the property. Owners are renting the office spaces month to month and they can stay or go. Residential unit is vacant. The units have separate utilities. Offices Desks,tables and TV are not included.
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: M:0003 B:0071 L:0000,1893513
  • Assessments: $823,500
  • Book: 0
  • Tax Year: 2024
  • Zoning: R-5
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Cooling Zones: 3
  • Heat Units: 2
  • Heat Zones: 3
Income / Expenses
  • GOI: $84,000.00
  • MGF: $0
  • NOI: $84,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,700.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 101 Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 101 Western Avenue

Taxable ValueLand$290,300Additions$533,200Total$823,500
Tax Record2020$7,059 ($588 / month)
Home Facts
Baths2.5Total Finished SqFt2,941 SqFtAbove Grade Finished SqFt2,941 SqFtStories2Lot Size1,724 SqFtStyleOffice BuildingYear Built1900ZoningR-5CountyESSEXAPNGLOU M:0003 B:0071 L:0000

Schools near 101 Western Avenue

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
West Parish
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 Coldwell Banker Realty - Manchester, Gabriela Debenedictis

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.