Jamie Dee Frontiero - Coldwell Banker Residential Brokerage

37 Derby Street, Gloucester, MA 01930

Multi-Family

$315,000
Price
$300,000
Sale Price

2
Units
1,578
Approx. GLA
Looking for a property w/ flexible living arrangements? If so, this 2+family could fit the bill. Conveniently located a block from the Gloucester T-station & other area amenities, this home boasts: 2 rental units, smart updates and a large 3rd floor with four more rooms! The 1st & 2nd floor units each have: 2 bedrooms, a full bath & an open concept living/dining room, complete w/ newer flooring & electric fireplaces. A few easy cosmetics would enhance both units but Unit 2's kitchen already has upgraded Cabinets & Countertops. In addition to NEW WINDOWS throughout most of the home, other great updates include: NEW ELECTRICAL, NEW HOT WATER TANKS, A NEWER BOILER , ROOF & SIDING ! A full-height basement has interior access and laundry hook-ups as well as a convenient bulkhead. There's plenty of off street parking and even a little garden space! THIS HOUSE is in EXCELLENT SHAPE...a great value !
Highlights
Sale Price: $300,000
Settled Date: 2/2/2017 12:00:00 AM
Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
List Price: $315,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 4
Baths: 2
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 1,578
MLS#: 72093766
 
Interior
Basement: Yes
Electric Features: 200 Amps, Individually Metered
Heating Units: 1
Heating Zones: 2
Flooring: Vinyl, Laminate, Wood Laminate
Energy: Insulated Windows
Hot Water: Electric
Rooms: 8
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.07
Lot Size: 3,114.00
Lot Description: Corner, Shared Drive, Level
Foundation: Fieldstone, Brick
Parking Spaces: 4
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public
Color: Beige
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $210,400
Taxes: $2,864
Tax Year: 2016
Book/Page: 31266/238
Beach
Beach: Yes
Beach Description: Harbor
Expenses
Gross Income: $28,800
Total Rent: $2,500
Net Income: $28,800
Additional
Amenities: Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Marina, T-Station
Exclusions: Staging Items
Disclosure Declaration: Yes
Disclosure: Seller never occupied property. Photos include virtual staging. Offers to include: Pre-Qual.letter or Proof of Funds, buyer signed seller statement/lead form & pages 1&2 from MLS listing (showing brokerage info).
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,300
Unit 2 4 2 0 2 1 0 No 1 $1,100
Units Extras
Unit 1
Applicances:  Range, Refrigerator  Heating:  Oil, Unit Control  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Wood Flooring, Ceiling Fans, Storage, Fireplace - Electric  Rooms:  Kitchen, Living RM/Dining RM Combo 
Unit 2
Applicances:  Range, Microwave, Refrigerator  Heating:  Oil, Unit Control  Interior:  Bathroom With Tub & Shower, Wall to Wall Carpet, Upgraded Cabinets, Upgraded Countertops, Wood Flooring, Ceiling Fans, Floored Attic, Walk-Up Attic, Fireplace - Electric  Rooms:  Kitchen, Living RM/Dining RM Combo 
Common
Rooms:  Laundry 
Map
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The listing office is Coldwell Banker Residential Brokerage - Newburyport and the listing agent is Jamie Dee Frontiero. 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 it's 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. The data was last modified on 8/21/2017 11:35:00 AM.
 
Jamie Dee Frontiero
Jamie Dee Frontiero
Realtor
Coldwell Banker Residential Brokerage