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Closed

14 Trask Street, Gloucester MA 01930

$600,000

Estimated $1,426.32/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $200,000

Total Rent: 48000/year

Estimated CAP Rate: 5.88%

7 Bedrooms

3 Full Baths

1,975 SqFt

Total Parking: 3

4,358 SqFt

Spacious and well-maintained multi-family sited on a quiet sidewalk-lined street and conveniently located near downtown, shopping, commuter rail to Boston, and highway. This attractive turn-of-the-century building projects character and features a first-floor unit which offers a single-level living opportunity with two bedrooms, a spacious sunlit living room, eat-in kitchen with natural-gas cooking, pantry, extra cabinet space, and private rear deck exiting to the back yard. The townhouse-style second-floor unit encompasses four bedrooms and a large living room with striking natural light. The main feature of the unit is the eat-in kitchen with natural-gas cooking and a pantry alcove with plenty of cabinets and counter-top space. Other features include hardwood floors, vinyl floors, and washer-dryer hookups in each unit and separate utilities. Three off-street tandem parking and large yard.

This home has been viewed 31 times

Last Checked: May 7th, 2024 at 5:46am (Source: MLS PIN #73087434)

Gross Income: $48,000

Gross Expenses: $12,742

Net Income Calc: $35,258

CAP Rate: 5.88%

Beach Front

Annual Expenses for 14 Trask Street, Gloucester MA 01930

Total Gross Expenses (Calculated)$12,742/year

APOD AvailableYes

Heating

Electricity$167

Water$2,038

Gas$2,038

Insurance$2,900

Sewer$2,038

Trash Removal

Repair & Maintenance$2,196

Management

Miscellaneous

Real Estate Tax$5,441

Annual Income & Unit Breakdown for 14 Trask Street, Gloucester MA 01930

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$1,050

LeaseN

Bedrooms1

Bathrooms1 Full

Floor0

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$1,350

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$1,600

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 14 Trask Street, Gloucester MA 01930

Listing ID73087434

Property TypeMulti Family / 3 Family

Price$600,000 ($303.8/SqFt)

Style3 Family - 3 Units Up/down

CityGloucester

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total1,975 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area

Foundation DescriptionGranite

Accessible Features

Outdoor Space

ZoningR-5

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 14 Trask Street, Gloucester MA 01930

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureApprox. 200 sqft of total living area comprises lo

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$7,301

Total Gross Income By Broker$47,520

Total Net Income By Broker$28,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 14 Trask Street, Gloucester MA 01930

Real Estate Taxes$5,441

Tax Year2023

Assessed Value$513,800

Financial Data SourceOwner

Total Gross Expenses By Broker$7,301

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$47,520

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.88%

Location Information for 14 Trask Street, Gloucester MA 01930

Elementary SchoolVeterans

Middle SchoolO'maley

High SchoolGloucester

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s), Marina, Sidewalks

Contact Information for 14 Trask Street, Gloucester MA 01930

Agent

Name: Ana Silveira

Office

Name: J. Barrett & Company

Phone: 978-922-3683

Payment Calculator

, Interest

Property Taxes 453.42

Principal & Interest 3697.01

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Ana Silveira

Agent Phone

Office Phone

(978) 922-3683

Text Agent Call Agent Call Office

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            [0] => 14 Trask Street, Gloucester MA 01930
        )

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EXIT

Closed

14 Trask Street, Gloucester MA 01930

$600,000

Annual Expenses for 14 Trask Street, Gloucester MA 01930

Annual Income & Unit Breakdown for 14 Trask Street, Gloucester MA 01930

General Information for 14 Trask Street, Gloucester MA 01930

Disclosures for 14 Trask Street, Gloucester MA 01930

Financial Information for 14 Trask Street, Gloucester MA 01930

Location Information for 14 Trask Street, Gloucester MA 01930

Contact Information for 14 Trask Street, Gloucester MA 01930

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J. Barrett & Company

Ana Silveira