A fantastic opportunity for both owner-occupants and investors to acquire a well located 3-family property in Gloucester. Unit 1&2 each with three bedrooms, 1 bath, a living room, kitchen, and in-unit laundry. Unit 3 featuring 2 bedrooms, a kitchen, and a living room. Recent updates include heating systems, water heaters, and rubber roof. The common basement has been updated and offers ample storage space. Additionally, the property includes a driveway with 4 parking spots and off-street parking. Current rents are below market value, providing potential for increased rental income. Located near downtown Gloucester, you'll have easy access to restaurants, shops, the waterfront and commuter routes. This property presents a great investment or owner-occupancy opportunity in a desirable area of Gloucester.
Sold for $730,000
$730,000
7 Oak St, Gloucester, MA 01930
8beds
2,802sqft
3 Family
Built in 1900
-- sqft lot
$816,200 Zestimate®
$261/sqft
$2,494 Estimated rent
Home value
$816,200
$726,000 - $914,000
$2,494/mo
Zestimate® history
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$4,532/mo
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Zillow last checked:
Listing updated:
Listed by:
Jill Michaud 978-766-8064,
Gibson Sotheby's International Realty 978-526-0243
Bought with:
Jill Michaud
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73282563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Natural Gas, Baseboard, Electric
Appliances
- Included: Range, Refrigerator, Dishwasher
- Laundry: Washer & Dryer Hookup
Features
- Bathroom With Tub & Shower, Storage, Living Room, Kitchen, Sunroom
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Full,Interior Entry,Bulkhead,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,802
- Total interior livable area: 2,802 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 4
Features
- Patio & porch: Deck - Wood
- Waterfront features: Beach Ownership(Public)
Lot
- Size: 0 Square Feet
Details
- Parcel number: 1895252
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $585,100
- Annual tax amount: $5,693
- Date on market: 12/7/2025
- Exclusions: Washing Machines Dryers Belong To Tenants.
- Total actual rent: 4800
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2024 | Sold | $730,000-7.5%$261/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 10/10/2024 | Contingent | $789,000$282/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 9/28/2024 | Price change | $789,000-8.1%$282/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 9/26/2024 | Listed for sale | $859,000$307/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 9/20/2024 | Contingent | $859,000$307/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 8/28/2024 | Listed for sale | $859,000+26.1%$307/sqft |
Source: MLS PIN #73282563 Report a problem | ||
| 4/4/2022 | Sold | $681,000+6.6%$243/sqft |
Source: MLS PIN #72945693 Report a problem | ||
| 2/24/2022 | Listed for sale | $639,000+132.4%$228/sqft |
Source: MLS PIN #72945693 Report a problem | ||
| 11/15/2013 | Sold | $275,000+5.8%$98/sqft |
Source: Public Record Report a problem | ||
| 8/3/2013 | Listed for sale | $260,000$93/sqft |
Source: McGeough Lamacchia Realty Report a problem | ||
| 6/12/2013 | Listing removed | $260,000$93/sqft |
Source: McGeough Lamacchia Realty, Inc #71534522 Report a problem | ||
| 5/31/2013 | Listed for sale | $260,000+1983.2%$93/sqft |
Source: McGeough Lamacchia Realty, Inc #71534522 Report a problem | ||
| 2/7/1989 | Sold | $12,481$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,693 | $585,100 |
| 2024 | $5,693 +1.5% | $585,100 +10.5% |
| 2023 | $5,607 | $529,500 |
| 2022 | $5,607 +14.6% | $529,500 +34.6% |
| 2021 | $4,894 +5.7% | $393,400 +4.7% |
| 2020 | $4,631 +8% | $375,600 +11.1% |
| 2019 | $4,289 +4.2% | $338,000 +6.2% |
| 2018 | $4,116 +5.3% | $318,300 +7.4% |
| 2017 | $3,908 +8.4% | $296,300 +11.9% |
| 2016 | $3,604 +2% | $264,800 +2.3% |
| 2015 | $3,534 +3% | $258,900 -2% |
| 2014 | $3,431 +3.1% | $264,300 +0.3% |
| 2013 | $3,327 +0.1% | $263,600 -3.4% |
| 2012 | $3,325 +2.4% | $273,000 -4.9% |
| 2011 | $3,247 +2.3% | $287,100 -5.1% |
| 2010 | $3,173 -3.4% | $302,500 -11.6% |
| 2009 | $3,285 +1.4% | $342,200 -3.9% |
| 2008 | $3,241 +6.2% | $356,200 +0.5% |
| 2007 | $3,052 -0.8% | $354,500 |
| 2006 | $3,077 +11.2% | $354,500 +15.1% |
| 2005 | $2,768 +6.7% | $307,900 +14.1% |
| 2004 | $2,594 +14.4% | $269,900 +30.3% |
| 2003 | $2,268 +10.3% | $207,100 +33.6% |
| 2001 | $2,057 +3.7% | $155,000 +17.9% |
| 1999 | $1,984 | $131,500 |
Find assessor info on the county website
Neighborhood: 01930
Nearby homes
- $--4 bd1 ba1.2k sqft7 Oak St #1, Gloucester, MA 01930Off Market
- $2,3002 bd1 ba850 sqft7 Oak St #3, Gloucester, MA 01930For Rent
- $570,2005 bd2 ba1.6k sqft9 Oak St, Gloucester, MA 01930Off Market
- $659,0005 bd3 ba1.6k sqft5 Oak St, Gloucester, MA 01930Sold
- $619,9005 bd3 ba1.8k sqft8 Maple St, Gloucester, MA 01930Off Market
- $--2 bd1 ba615 sqft8 Maple St #3, Gloucester, MA 01930Off Market
- $---- bd-- ba-- sqft8 Maple St FL 2, Gloucester, MA 01930Off Market
- $---- bd-- ba-- sqft8 Maple St #1, Gloucester, MA 01930Off Market
Nearby schools
GreatSchools rating
- 5/10East Veterans Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Middle: O'maley
- High: Gloucester
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$816,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$816,200
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