Rare chance to own this prime waterfront multi house compound set on amazing 3/4 ac lot with spectacular views to Wingaersheek Beach, Coffin's, Crane's, Plum Island and continuing up the entire MA/NH coastline! One of the most scenic and sought after oceanfront locations on the sunset side of Gloucester! Breathtaking sunsets directly in front of property in Summer! 3 waterfront buildings comprised of 8 Rm 4 BR yr round Col., a 2 Rm 1 BR seasonal accessory cottage style building, and a 7 Rm 4 BR seasonal Cottage which sits close to water's edge! Potential to subdivide into 2 lots or convert to condos or possibly expand and/or improve the existing structures Potential to add dock and float. Swim, kayak, paddleboard or fish right off property! Beautifully maintained terraced lawn and gardens with granite walls gently slopes down to the ocean. 2 Car garage + ample pkg! Nearby Plum Cove Beach, Lanesville center & cove, and Annisquam Village! Great airbnb vacation home rental possibilities!
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73074705)
Gross Income: $0
Gross Expenses: $17,870
Net Income Calc: $17,870
Water Views
Annual Expenses for 5 Plum Ct, Gloucester MA 01930
Total Gross Expenses (Calculated)$17,870/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17870.93
Annual Income & Unit Breakdown for 5 Plum Ct, Gloucester MA 01930
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
General Information for 5 Plum Ct, Gloucester MA 01930
Listing ID73074705
Property TypeMulti Family
Price2500000 ($840.34/SqFt)
StyleMulti Family
CityGloucester
CountyEssex
MLS AreaBay View
Neighborhood(s)Ipswich
Approximate Living Area Total2975
Approximate Lot Size (Acres)0.71
Total Parking8 (2 Garage)
Garage Parking2
Year Built1870
Year Built SourcePublic Records
Year Built DetailsActual,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR-20
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 5 Plum Ct, Gloucester MA 01930
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsGenerator
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 5 Plum Ct, Gloucester MA 01930
Real Estate Taxes17870.93
Tax Year2023
Assessed Value$1,659,200
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 5 Plum Ct, Gloucester MA 01930
Middle SchoolO'maley
High SchoolGloucester
Neighborhood(s)Ipswich
MLS AreaBay View
Area AmenitiesWalk/jog Trails
Contact Information for 5 Plum Ct, Gloucester MA 01930