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Closed

33 Friend Street, Gloucester MA 01930

$625,000

Estimated $1,507.60/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $312,500

Total Rent: 13200/year

Estimated CAP Rate: 1.16%

5 Bedrooms

3 Full Baths

2,659 SqFt

Total Parking: 1

3,500 SqFt

This home has been in the same family for over 50 years and offers two units with a great view of the working harbor. There are 2 unfinished rooms in the attic that can increase your storage capacity. French doors lead from the dining room to the deck, which overlooks the city. This is a great starter home as the income can help pay the mortgage..OPEN HOUSE Thursday March 23rd from 4:30-6:00.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 3:55am (Source: MLS PIN #73080871)

Gross Income: $13,200

Gross Expenses: $5,930

Net Income Calc: $7,270

CAP Rate: 1.16%

Water Views

Beach Front

Annual Expenses for 33 Friend Street, Gloucester MA 01930

Total Gross Expenses (Calculated)$5,930/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,930

Annual Income & Unit Breakdown for 33 Friend Street, Gloucester MA 01930

Total Gross Income (Calculated)$13,200

Unit 1

Rental Income$1,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 33 Friend Street, Gloucester MA 01930

Listing ID73080871

Property TypeMulti Family / 2 Family

Price$625,000 ($235.05/SqFt)

Style2 Family - 2 Units Up/down

CityGloucester

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,659 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking1

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Easements

Foundation Area868

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningR-5

Zoning Details

Water ViewsYes

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public)

Energy Features

Terms

Disclosures for 33 Friend Street, Gloucester MA 01930

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureDoes not include 2 unfinished attic rooms

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$13,200

Total Net Income By Broker$13,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 33 Friend Street, Gloucester MA 01930

Real Estate Taxes$5,930

Tax Year2023

Assessed Value$505,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$13,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$13,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)1.16%

Location Information for 33 Friend Street, Gloucester MA 01930

Elementary SchoolVeterans

Middle SchoolO Maley

High SchoolGhs

Neighborhood(s)Ipswich

MLS Area

Area Amenities

Contact Information for 33 Friend Street, Gloucester MA 01930

Agent

Name: William Goodwin

Office

Name: Vadala Real Estate

Phone: 978-281-1111

Team Members

Name: Mark Ventimiglia

Phone: 978-479-7257

Payment Calculator

, Interest

Property Taxes 494.17

Principal & Interest 3851.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vadala Real Estate

William Goodwin

Agent Phone

Office Phone

(978) 281-1111

Text Agent Call Agent Call Office

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                    [enabled] => 1
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                    [modified] => 2024-05-07 03:56:05
                )

[21] => Array
                (
                    [id] => 7168683
                    [name] => MLS22.jpg
                    [type] => gallery
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                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 03:56:05
                    [modified] => 2024-05-07 03:56:05
                )

[22] => Array
                (
                    [id] => 7168684
                    [name] => MLS23.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73080871&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:56:05
                    [modified] => 2024-05-07 03:56:05
                )

[23] => Array
                (
                    [id] => 7168685
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73080871&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 03:56:05
                    [modified] => 2024-05-07 03:56:05
                )

[24] => Array
                (
                    [id] => 7168686
                    [name] => MLS25.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73080871&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 03:56:05
                    [modified] => 2024-05-07 03:56:05
                )

[25] => Array
                (
                    [id] => 7168687
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73080871&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 03:56:05
                    [modified] => 2024-05-07 03:56:05
                )

[26] => Array
                (
                    [id] => 7168688
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73080871&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:56:05
                )

[27] => Array
                (
                    [id] => 7168689
                    [name] => MLS28.jpg
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                    [index] => 28
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                    [modified] => 2024-05-07 03:56:05
                )

[28] => Array
                (
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 03:56:05
                )

)

)

EXIT