37 Pearl StreetGloucester, MA 01930MLS Number 72429573

  • Price: $888,500
  • 7 Days on Market
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Federal 30-year interest rate: 4.75% last updated on Dec 6, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.12Acreage
  • 1900Year Built
  • 6069Square Feet
  • 6Parking Spaces

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Wonderful investment opportunity centrally located in downtown Gloucester. This is a six unit, three level fully occupied mixed use commercial/residential property. Two commercial units on the first level currently function as a barber shop and beauty salon. Four residential units include 1 BR apartment on the first level, 1 BR & 3 BR apartments on the second level, and 2 BR on the third level. Convenient 6 car parking in the back for business and apt.rental use. Close distance to train, Gloucester's waterfront, new Beauport Hotel, shops, and restaurants. Due to full occupancy, please allow 24 hour notice. We will be showing the property on Sunday December 16th, by APPOINTMENT only from 11:00-1:00.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces6
  • Parking Feature1-10 Spaces, Open, Paved Driveway, On Site

Building

  • Year Built1900
  • ConstructionFrame
  • Total Units6
  • Total Bldg Sf6069
  • Rsu Units4
  • Reu Units2
  • No Buildings1
  • No Stories3
  • SprinklersNo
  • Sub DividableNo
  • Entry OnlyNo
  • ElevatorNo
  • Assessed Value Bldg359600
  • DividableNo
  • Undrgrnd TankNo

Auction

  • Special FinancingNo

Photos

  • Photo Date2018-12-04T11:48:00
  • Number of Photos11

Other

  • Modification Date2018-12-10T08:56:00
  • Property TypeCommercial
  • Listing AlertNo
  • EasementsNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresClosing to be after January 2, 2019.
  • Book26310
  • Listing AgreementExclusive Right to Sell
  • Rsf Bldg Sf4916
  • Ref Bldg Sf1153
  • Plat PlanYes
  • ExchangeNo
  • Firm Rmk1Due to full occupancy we will be showing the property on Sunday December 16th, by appointment only from 11:00-1:00. Offers will be reviewed upon receipt.
  • Page43

Basic Information

  • StatusACT
  • MLS Number72429573
  • Prop TypeCI
  • Status Date2018-12-04T11:48:00
  • Date Listed12/04/2018
  • List Price$888,500
  • Price Per Square Foot$146
  • LeaseNo
  • DirectionWashington St to Railroad Ave at corner of Pearl and School Street

Exterior

  • Railroad SidingNo
  • Roof MaterialAsphalt/Composition Shingles

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Location

  • Building Number37
  • Street No37
  • StreetPearl Street
  • TownGloucester
  • StateMA
  • Zip01930
  • Zip Code 43538
  • CountyEssex
  • LocationDowntown, Free Standing, Highway Access, Public Transportation, Corner Lot

Property

  • Acreage0.12
  • Net Operating Inc63340
  • Space AvailableFor Sale
  • Site ConditionDry, Level
  • Square Feet6069
  • SubletNo
  • Gross Annual Exp28460
  • Lot Size5116
  • Gross Annual Income91800
  • Condo AssociationNo
  • Assessed Value Land93400
  • Main LoC95247

Gloucester, MA Demographics

There is no data available

Gloucester, MA Real Estate Market Data

There is no data available

Gloucester, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.

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