5 Fair Street

Gloucester, MA 01930

$550,000
Price
4
Beds
2
Baths
1,538 Sq. Ft.
$358 / Sq. Ft.
1,538
Sq. Ft.
$358
per Sq. Ft.

Description

A Two-Family home on the cusp of East and Central Gloucester is new to the market! Close to downtown with easy access to Route 128. Each unit has a private entrance with 2 beds and 1 bath, a kitchen, and in-unit laundry. This 2-unit property is a fabulous option for someone looking to live in one and rent the other. Or it’s a fantastic rental investment opportunity. A fabulous location within walking distance to downtown and right around the corner from East Veterans Elementary School. Unit 1 is...A Two-Family home on the cusp of East and Central Gloucester is new to the market! Close to downtown with easy access to Route 128. Each unit has a private entrance with 2 beds and 1 bath, a kitchen, and in-unit laundry. This 2-unit property is a fabulous option for someone looking to live in one and rent the other. Or it’s a fantastic rental investment opportunity. A fabulous location within walking distance to downtown and right around the corner from East Veterans Elementary School. Unit 1 is vacant, Unit 2 tenant would like to stay. Showings start at Open House Friday, May 17, 4:00-6:00
  1. Listed by Ron Goulart & Jennifer Anderson • RE/MAX Beacon

Property Details for 5 Fair Street

Town
Gloucester
Area
MA-Gloucester
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of RE/MAX Beacon, Ron Goulart & Jennifer Anderson
Add your commute
LISTING UPDATED: 05/22/2024 07:37 PM

Property Details for 5 Fair Street

StatusUnder Agreement
MLS #73238591
Days on Market7
Taxes$4,075 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyEssex County

Location

Listing Courtesy of RE/MAX Beacon, Ron Goulart & Jennifer Anderson
Add your commute

Building Information for 5 Fair Street

Stories3Residences2Year Built1900Building Size-Lot Size0.05 AC / 2,252 SF

Payment Calculator

$3,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

$340

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Fair Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Living Area: 1538.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: East Veterans
  • High School: Ghs
  • Middle School: O'maley
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement Features: Full, Interior Access, Bulkhead
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Laminate
  • Interior Features: Living Room, Kitchen, Office/Den
  • SpaYN: No
Exterior Features
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Estate sale,need license to sell.
Tax Information
  • Tax ID: 1896397
  • Assessments: $418,800
  • Book: 26734
  • Tax Year: 2024
  • Zoning: R-5
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Heat Units: 2
Income / Expenses
  • GOI: $21,600.00
  • NOI: $21,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 5 Fair Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Fair Street

Taxable ValueLand$114,100Additions$304,700Total$418,800
Tax Record2024$4,075 ($340 / month)
Home Facts
Baths2Total Finished SqFt1,538 SqFtAbove Grade Finished SqFt1,538 SqFtUnfinished Basement SqFt545 SqFtStories2Lot Size2,252 SqFtStyleDuplexYear Built1900ZoningR-5CountyESSEXAPNGLOU M:0051 B:0005 L:0000

Schools near 5 Fair Street

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Veterans Memorial
PublicK to 5

Ralph B O'maley Middle School
Public6 to 8

Gloucester High School
Public9 to 12

St Ann School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Beacon, Ron Goulart & Jennifer Anderson

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.