7 Riggs

Gloucester, MA
$ 1,575,000 Beds 11 Baths 6.5 Sq 4,066
Monthly Estimate* How much can I afford?

Showings to be held Saturday, April 24, 2021 from 2:30 to 4:30 p.m Appointment required. If you are looking for an investment or 1031 exchange then look no further than this multi-family property close to the ocean. One block from Stacey Boulevard and Gloucester's outer harbor and the famous Greasy pole, this property is located in close proximity to downtown and all the excitement this seacoast city has to offer. Per city of Gloucester records, this is a 4 to 8 unit building, but it is currently being utilized as a 5 unit building. Come explore the potential of this ideally located, income-producing property.

Multi-Family

  • Price
  • $ 1,575,000
  • Lot Size
  • Bedrooms
  • 11
  • Sqr Footage
  • 4,066
  • Full Bathrooms
  • 6
  • Year Built
  • 1904
  • Half Bathrooms
  • 1
  • City, Zip
  • Gloucester
  • Taxes
  • 8030
  • County
  • ESSEX
  • Style
  • 5+ Family - 5+ Units Up/Down
  • Area
  • MLS#
  • 72815719
  • Zip
  • 01930
Listing Provided by: Hope Watt-Bucci with Coldwell Banker Realty - Manchester.
Data Source: MLSPIN

Features

General

Distance to Beach in Miles 0 to 1/10 Mile
Exterior Features Porch
Full Baths 6
Half Baths 1
Heated Units 5
Lead Paint Unknown
Levels 6
Parking Features Off-Street
Parking Spaces 3
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 4066.00
State Massachusetts
Unit 1 Rent 2500
Unit 2 Rent 1650
Unit 3 Rent 1600
Unit 4 Rent 2500
Year End Expenses 12/20

Interior Features

Basement Features Full, Concrete Floor, Unfinished Basement
Bedrooms (1) 2
Bedrooms (2) 1
Bedrooms (3) 1
Bedrooms (4) 2
Hot Water Oil
Total Bedrooms 11
Total Number of Units 5

Exterior Features

Exterior Vinyl
Foundation Granite
House Color Tan
Lot Description Gentle Slope

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the South Easton, MA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/16/2021 Listed $1,575,000

Property vs Zip Code Average in 01930

Price
AVG $1.58M
$1.58M
Taxes
AVG $13,065
$8,030
Visits
AVG 38
13
Year Built
AVG 1925
1904

Map

Areas That We Cover

7 Riggs Gloucester, MA is a Single Family Home for sale at $1575000 with 4066 sqft and a lot size of Acre(s). 7 Riggs Gloucester has 11 bedrooms, 6 baths and was built in 1904. The property's zip code is 01930 which is in Gloucester, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.