58 Friend Street

Gloucester, MA 01930

$575,000
Last Sold Price
6
Beds
3
Baths
2,475 Sq. Ft.
$232 / Sq. Ft.
2,475
Sq. Ft.
$232
per Sq. Ft.

Description

Great opportunity! 3-family home located in the heart of Gloucester. Convenient to downtown Gloucester, train station & shopping. A short drive to Rt 128, Iconic Good Harbor Beach and the famous “Boulevard”. Units offer separate utilities (heating, electrical & hot water). This home features hardwood floors, replacement windows, vinyl siding and built-in cabinetry in two of the units. Full basement w/exterior access w/3-assigned locked storage areas & coin operated washer and dryer. Decks for unit...Great opportunity! 3-family home located in the heart of Gloucester. Convenient to downtown Gloucester, train station & shopping. A short drive to Rt 128, Iconic Good Harbor Beach and the famous “Boulevard”. Units offer separate utilities (heating, electrical & hot water). This home features hardwood floors, replacement windows, vinyl siding and built-in cabinetry in two of the units. Full basement w/exterior access w/3-assigned locked storage areas & coin operated washer and dryer. Decks for unit 2 and 3. Back yard has potential to create additional parking. The monthly rentals are way below market. Tenants for apartment #1 & #2 have been renting the units since before current owner’s purchase and the 3rd floor is occupied by a family member since 2014. Great Potential-purchase to use as owner occupied or as an investment for income or possible condo conversion. Showings SAT, 6/5 and SUN, 6/6 from 11-1 BY APPOINTMNET ONLY. More pictures and floor plans will be posted soon.
  1. Listed by Mary Ciaraldi • J. Barrett & Company

Property Details for 58 Friend Street

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

Location

Listing Courtesy of J. Barrett & Company, Mary Ciaraldi

Sold By Lavish Realty LLC, Laura Sawulski

Add your commute
LISTING UPDATED: 08/06/2022 07:41 AM

Property Details for 58 Friend Street

StatusSold
MLS #72841903
Days on Market27
Taxes$5,670 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1920
CountyEssex County

Location

Listing Courtesy of J. Barrett & Company, Mary Ciaraldi

Sold By Lavish Realty LLC, Laura Sawulski

Add your commute

Building Information for 58 Friend Street

Stories6Residences3Year Built1920Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$3,611 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,138

Property Taxes

$473

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 58 Friend Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Current Financing: FHA
  • Living Area: 2475.0
  • Color: WHITE
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Veterens
  • High School: Gloucester
  • Middle School: O'malley
Features
Interior Features
  • Appliances: Unit 1(Range), Unit 2(Range, Microwave, Refrigerator), Unit 3(Range, Gas Water Heater, Electric Water Heater, Tankless Water Heater, Utility Connections for Gas Range
  • Basement Features: Full, 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
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Unit 1(undefined), Unit 2(Tile Floor, Wood Flooring), Unit 3(Tile Floor
  • Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom with Shower Stall), Unit 3(Ceiling Fans, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
Exterior Features
  • Exterior Features: Fenced Yard, Deck
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Level
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Unit 3(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer, Inspection Required for Sale
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Showings SAT-6/5 & SUN-6/6 from 11AM-1PM by appointment only--Masks still required--Potential to create more parking in back yard--Needs some updates---Property being sold “AS IS” with tenants. Seller has never lived in property. Buyers to do their own due diligence.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 1896552
  • Assessments: $455,800
  • Block: 46
  • Book: 33353
  • Map: 52
  • Tax Year: 2021
  • Zoning: R-4
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Foundation Area: 900.0
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $458.00
  • GOI: $32,172.00
  • Insurance: $2,576.00
  • GRE: $4,884
  • RME: $645
  • NOI: $27,288.00
  • Operating Expense: $4,884.00
  • WSE: $1,205.00
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: 1
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,695.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 58 Friend 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 58 Friend Street

Taxable ValueLand$120,500Additions$459,800Total$580,300
Tax Record2024$5,646 ($470 / month)
Home Facts
Baths3Total Finished SqFt2,475 SqFtAbove Grade Finished SqFt2,475 SqFtUnfinished Basement SqFt900 SqFtStories3Lot Size3,440 SqFtStyleTriplexYear Built1920ZoningR-5CountyESSEXAPNGLOU M:0052 B:0046 L:0000

Schools near 58 Friend 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
Veterans Memorial
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 J. Barrett & Company, Mary Ciaraldi

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.