Sold
10 Oakes Ave, Gloucester, MA
Gloucester · MA 01930
- $3,300,000
- Price
- 14
- Beds
- 11
- Baths
- 9501
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1907
Units:
11 Units
Lot size:
0.43 Acre Lot
Price per square foot:
$368 / Sq.Ft
Parking:
18 Off Street Spaces
About this home
RARE OPPORTUNITY to own an 11-unit building with stunning, unobstructed, oceanfront views. SHORE DRIVE MANOR sits at the tip of Magnolia Point. Once a hotel frequented by high-society, the property still retains features of a time gone by. Beautiful woodwork, paneling, beamed ceilings, stained glass, hardwood floors, fireplaces, and built-ins. Units are fully occupied and seller has updated Buderus Oil Boilers, water heater, and electric. The literature from the former hotel puts it best: When you can relax at the waters edge caressed by Cape Ann's cool breezes, relax in the warm sun, take short walks to the beach, be centrally located to explore Cape Ann's wonders...who could ask for anything more?
Neighborhood & Transit
Magnolia
10 Oakes Ave, Gloucester · MA 01930
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1424 days
- Listing Price:
- $3,500,000
- Price per Sq.Ft:
- $368
- Tax Assessment:
- $2,443,500 in 2022
- Taxes:
- $2,389 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 11
- Half Bathrooms
- 0
- Living Area
- 9,501 Sq.Ft
- Broker Disclosure about Living Area
- Room sizes are approximate and not guaranteed.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 200 Amps, Individually Metered
Exterior Features
- Lot Size
- 18,524 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 18 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Asbestos
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Daniel Cutler
- Listing office
- Bay Colony Realty
- MLS PIN #
- 73009381
- Disclosure
- Oil boiler and indirect water heater about 9 years old. 1 unit has electric baseboard heat, 1 unit has own furnace (10 yrs old). Property is located in flood zone VE. Leases will be transferrable with sale and the seller will not be responsible for delivering the building unoccupied.
- Disclosure
- Room sizes are approximate and not guaranteed.