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Sold on 08/31/2022

27 Elm St, Gloucester, MA 01930

  • $1,268,000

    Last sold 08/31/2022 for $1M

  • 6

    bed

  • 6

    bath

  • 3,271

    Sqft ($306/Sqft)

Multi-family not for sale
Movoto is helping 14 homebuyers near you

About 27 Elm St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 8,988 Sqft
Movoto estimate
Parking 2 garage spaces
Property description
INVESTORS $$$ - Once-in-a-lifetime opportunity!!! Meticulously maintained multi-family in downtown Gloucester. Currently being used as a 6-family. Five 1 BR 1 BA units and One 2 BR 1 BA unit. All with separate utilities and plenty of off-street parking. The property has new roofing and new decks. Comes with an onsite laundry room. Units with tenants to start giving you an immediate return on your investment. This will go FAST. Don’t let this opportunity pass you by! Double your investment and purchase 29 Elm Street next door! Offers due Monday, August 29, 5:00. Group showings are scheduled for Friday, Aug. 26th from 4 - 6 PM.
Listed by
Listing Agent - Ron Goulart & Jennifer Anderson
Listing Office - RE/MAX 360
Source: MLS Property Information Network, Inc. mls logo
MLS#73028646 • last updated 3 years ago
Movoto checked MLS Property Information Network, Inc. for data 2 minutes ago
Overview
Heating Unit 1(Gas), Unit 2(Gas)
Levels/Style 8
MLS # 73028646
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 3271
Lot Size (SqFt) 8988
Lot Size (Acres) 0.21
Annual Property Tax 7251
Year Built 1900
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 6
Basement Full, Partially Finished, Walk-Out Access
Total # of Rooms 19
Flooring Wood, Vinyl, Carpet
Appliances Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
# Fireplaces 1
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Exterior
Foundation Brick/Mortar, Granite
Roof Shingle
# Covered Spaces 2
Parking Desc Paved Drive, Off Street
# Parking Spaces 6
# Garage Spaces 2
Exterior Features Rain Gutters
Patio/ Porch Deck
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
Waterfront Beach Front, Ocean, 1 To 2 Mile To Beach, Beach Ownership(Public)
County Essex
Community Features Public Transportation, Shopping, Laundromat, House Of Worship, T-Station
Middle School O'maley
High School Ghs
Zoning R-5
APN 1893974
Directions Main St To Elm St
Multifamily Details
Net Operating Income 47299
Operating Expense 401
Total Actual Rent 4750
Financial Data Source Owner
Gross Income 47700
Lot/ Land Details
Road Frontage Public
$1.26M
Range: $1.1M-$1.43M
Last 30 days 
  • Nov 2022
    mls logo MLS # 73028646
  • Nov 7, 2022 Sold
    $1,000,000 (-8.7%)
  • Aug 31, 2022 Pending
    —
  • Aug 24, 2022 Listed
    $1,095,000
  • 27 Elm St
    $1M
  • Central Gloucester
    $479K -22% y/y
  • 01930
    $749K -54% y/y
  • Gloucester
    $850K -21% y/y
No chart available
Statistics calculated by Movoto

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  • No strings attached
N/A
East Gloucester Elementary School
public Grades K-5
Gloucester School District
3/10
Ralph B O'maley Middle School
public Grades 6-8
Gloucester School District
3/10
Gloucester High School
public Grades 9-12
Gloucester School District
Source: GreatSchools.org © 2026. All rights reserved.

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The property listing data and information 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 are for the personal, non commercial use of consumers having a good faith in 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 set forth herein.
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