2 family investment property located in Central Gloucester consisting of a large 8 Rm 5 BR 2 BA 2nd floor apt above a 1st floor 4 Rm 2 BR 1 BA apt. Current monthly rents total $3950 or $47,400 yearly (below market rate). Expenses for 2023 were $12,021 including re taxes. Updated utilities include 2 sep fhw by gas boilers (1 new in 2023), 2 sep gas hw heaters (2022 and 2023) and two 100 amp electric services. Low maintenance vinyl siding 10 yr and roof done in 2016. Ample paved off-street parking for 6 cars. Long term tenants of 19 and 15 years. Large fenced level yard. 2 secure storage areas in basement. Both units have letters of compliance with regard to lead paint. Property is very convenient to T commuter rail station, Shaw's plaza, Rt. 128, and downtown Gloucester shops and restaurants. FIRST SHOWINGS Sat. May 18th from 10;30 -12 by appointment only. POTENTIAL FOR CONVERSION TO 3 FAMILY. Nearby Burnham's Field playground, walking track, ball fields, and community gardens.
Sold for $650,000
$650,000
98 Pleasant St, Gloucester, MA 01930
7beds
2,209sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$761,400 Zestimate®
$294/sqft
$2,741 Estimated rent
Home value
$761,400
$716,000 - $815,000
$2,741/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lane Team 978-689-5431,
North Shore's Gold Coast Realty 978-283-4440
Bought with:
Aiello Team
North Shore's Gold Coast Realty
Source: MLS PIN,MLS#: 73238105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Individual, Unit Control
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Storage, Living Room, Kitchen, Dining Room
- Flooring: Tile, Vinyl, Carpet, Laminate
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Bulkhead,Concrete
- Has fireplace: No
Interior area
- Total structure area: 2,209
- Total interior livable area: 2,209 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Tandem, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Porch
- Fencing: Fenced/Enclosed,Fenced
- Waterfront features: Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 4,495 sqft
- Features: Cleared, Level
Details
- Foundation area: 928
- Parcel number: 4434131
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Brick/Mortar, Granite
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station
Location
- Region: Gloucester
HOA & financial
Other financial information
- Total actual rent: 3950
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2024 | Sold | $650,000$294/sqft |
Source: MLS PIN #73238105 Report a problem | ||
| 5/15/2024 | Listed for sale | $650,000+90.1%$294/sqft |
Source: MLS PIN #73238105 Report a problem | ||
| 11/22/2016 | Sold | $342,000-2.3%$155/sqft |
Source: Public Record Report a problem | ||
| 9/6/2016 | Pending sale | $349,900$158/sqft |
Source: North Shore's Gold Coast Realty #72036797 Report a problem | ||
| 7/13/2016 | Listed for sale | $349,900+6.4%$158/sqft |
Source: North Shore's Gold Coast Realty #72036797 Report a problem | ||
| 12/25/2015 | Listing removed | $329,000$149/sqft |
Source: Coldwell Banker Residential Brokerage - Gloucester #71890667 Report a problem | ||
| 10/20/2015 | Price change | $329,000-4.6%$149/sqft |
Source: Coldwell Banker Residential Brokerage - Gloucester #71890667 Report a problem | ||
| 10/8/2015 | Price change | $344,900-2.8%$156/sqft |
Source: Coldwell Banker Residential Brokerage - Gloucester #71890667 Report a problem | ||
| 9/17/2015 | Price change | $354,900-3.8%$161/sqft |
Source: Coldwell Banker Residential Brokerage - Gloucester #71890667 Report a problem | ||
| 8/17/2015 | Listed for sale | $369,000$167/sqft |
Source: Coldwell Banker Residential Brokerage - Gloucester #71890667 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,042 | $518,200 |
| 2024 | $5,042 -3.2% | $518,200 +5.4% |
| 2023 | $5,206 | $491,600 |
| 2022 | $5,206 +10.3% | $491,600 +29.5% |
| 2021 | $4,721 +5.5% | $379,500 +4.5% |
| 2020 | $4,476 +7.5% | $363,000 +10.7% |
| 2019 | $4,162 +7.1% | $328,000 +9.2% |
| 2018 | $3,885 +8.6% | $300,500 +10.8% |
| 2017 | $3,576 +11% | $271,100 +14.5% |
| 2016 | $3,221 +1.8% | $236,700 +2.1% |
| 2015 | $3,165 +6.1% | $231,900 +1% |
| 2014 | $2,982 -0.3% | $229,700 -3.1% |
| 2013 | $2,992 +0.2% | $237,100 -3.3% |
| 2012 | $2,987 +2.4% | $245,200 -4.9% |
| 2011 | $2,917 +6.4% | $257,900 -1.3% |
| 2010 | $2,742 -5.7% | $261,400 -13.7% |
| 2009 | $2,907 +0.4% | $302,800 -4.8% |
| 2008 | $2,896 +5.9% | $318,200 +0.2% |
| 2007 | $2,734 | $317,500 |
Find assessor info on the county website
Neighborhood: 01930
Nearby schools
GreatSchools rating
- 5/10East Veterans Elementary SchoolGrades: K-5Distance: 0.7 mi
- 4/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$761,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$761,400
- Massachusetts
- Essex County
- Gloucester
- 01930
- 98 Pleasant St
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