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21 Eastern Ave, Gloucester, MA 01930

$632,000
Last sold 08/15/2023 for $640K
4
bed
2
bath
2,144
Sqft ($299/Sqft)

Multi-family not for sale

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About 21 Eastern Ave

Property type Multi-family

Neighborhood

Year built 1812

HOA fee $0/month

Lot size 6,000 Sqft

Movoto estimate

Parking 2 garage spaces

Property description

Centrally located 2-family with detached 2-car garage close to Gloucester's historic downtown, beaches and Rt. 128! This property is an excellent opportunity for both investors and owner occupants, with a 4-room 2-bedroom unit on the first floor which is currently rented for $1,924/month, and a 5-room 2-bedroom townhouse-style unit on the 2nd and 3rd floors which is currently owner-occupied and has been freshly painted. Each unit has its own heat and electric, and each has its own deck. Recent updates include new roof and vinyl replacement windows throughout in 2009, new 8-foot sliding glass door in 2009, new decks (2009-2010), 2 gas heating systems in 2010, new vinyl and Pergo flooring in 2021 and new hot water tank in 2022. Perfect location for commuters!

Listed by

Listing Agent - Mark T. Vadala

Listing Office - Vadala Real Estate

Source: MLS Property Information Network, Inc.

MLS#73144600 • last updated 2 years ago

Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago

Overview
Cooling/AC	None, Unit 1(None)
Heating	None, Unit 1(Central Heat, Hot Water Baseboard, Gas, Individual), Unit 2(Central Heat, Hot Water Baseboard, Gas, Individual, Unit Control)
Levels/Style	3
MLS #	73144600
Type	Residential Income
Status	Closed
SubType	2 Family - 2 Units Up/Down
SqFt	2144
Lot Size (SqFt)	6000
Lot Size (Acres)	0.14
Annual Property Tax	4952
Year Built	1812
Property Condition	Unit 2 Remodeled

Interior
Total # of Bathrooms	2
# Full Baths	2
Total # of Bedrooms	4
Basement	Full, Interior Entry, Dirt Floor, Concrete, Unfinished
Total # of Rooms	9
Laundry	Washer Hookup, Unit 1(Washer & Dryer Hookup)
Flooring	Wood, Vinyl, Varies Per Unit, Hardwood, Pine, Wood Laminate, Unit 2(Tile Floor, Hardwood Floors, Wood Flooring)
Appliances	Unit 2(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood), Utility Connections For Gas Range, Utility Connections For Gas Dryer, Utility Connections For Electric Dryer, Utility Connections Varies Per Unit
# Fireplaces	1
Interior Features	Mudroom, Unit 1(Ceiling Fans, High Speed Internet Hookup, Bathroom With Tub & Shower, Internet Available - Broadband), Unit 2(Ceiling Fans, Cathedral/Vaulted Ceilings, High Speed Internet Hookup, Upgraded Countertops, Walk-In Closet, Bathroom With Tub & Shower, Open Floor Plan, Programmable Thermostat, Slider, Internet Available - Broadband), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Fireplace	Unit 2(Fireplace - Wood Burning)
Door Features	Insulated Doors
Window Features	Insulated Windows, Screens

Exterior
Foundation	Block, Granite
Roof	Shingle
Construction	Frame, Post & Beam
# Covered Spaces	2
Parking Desc	Paved Drive, Off Street, Tandem, Paved
# Parking Spaces	6
# Garage Spaces	2
Exterior Features	Porch, Deck - Wood, Covered Patio/Deck, Gutters, Screens, Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Patio/ Porch	Porch, Deck - Wood, Covered
Fencing	Fenced
Lot Desc	Cleared, Sloped

Amenities / Utilities
Sewer	Public Sewer
Green Features: Energy Efficiency	Thermostat
Utilities	For Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies Per Unit
Electricity	110 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
Water Source	Public

Location
View	City View(s)
Waterfront	Beach Front, Harbor, Ocean, 1 To 2 Mile To Beach, Beach Ownership(Public)
County	Essex
Community Features	Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station, Sidewalks
Elementary School	East Veterans
Middle School	O'maley
High School	Ghs
Zoning	R-5
APN	M:0050 B:0012 L:0000, 1896322
Directions	Take Rt. 128 North Or Main St To Eastern Ave. Property Is Located Between Fair St And Cross St.

Multifamily Details
Rent Includes	Unit 1(Heat, Electric, Gas, Water, Hot Water)
Net Operating Income	23760
Operating Expense	13450
Total Actual Rent	1924
Financial Data Source	Estimated, Owner
Expense: Water/ Sewer	1600
Gross Income	23760
Expense: Electricity	1750
Gross Scheduled Income	200