Brought to you by: Ruth E. Pino, CBR, CRS, GRI - ReMax Advantage Real Estate
224 Washington Street
Gloucester, MA 01930

Phone: (978) 764-6710
Website: www.RuthPino.com
Email: ruth@ruthpino.com
 

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12 Lincoln St
Gloucester, MA. 01930-2000

Essex County
Area: West Gloucester
Directions: Roure 133 (essex Avenue ) To Lincoln Street

MLS # 71837300 - Sold
Multi-Family 3 Family   Green

List Price $398,000 Days on Market  
List Date   # Units 3
Sale Price $380,000 # Floors  
Sold Date 10/26/15 Rooms 16
Assessed Value $379,900 Bedrooms 4
Gross Living Area 2,188SF Full Baths 3
Lot Size 27,661SF Half Baths 0
Taxes $5,186.00 Fireplaces  
Tax Year 2015 Basement Yes
Zoning R40 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 4
    Garage Spaces 1
Remarks:
Looking for a home with income? Live in the beautiful country setting of West Gloucester with over half an acre of pastoral land and earn income at the same time. The two family dwelling is comprised of a two bedroom unit renting at $1,300/month and a one bedroom unit renting at $1,000/month both with their own decks and parking. Separate electric meters and the oil for the single boiler is metered with tenants paying their portion. There are three floors of finished space in this building and either unit is perfect for an owner occupant. The detached one bedroom, year round single family has historically rented for $1,000/month and tenants pay for electricity and propane gas. This home is tucked under the trees away from it all. And remember that the new West Parish School is due to open for school in September of 2016.
Features
Basement   Full, Interior
   Access
Construction   Frame
Electricity   Circuit
   Breakers, 200 Amps
Energy   Insulated
   Windows, Storm Windows,
   Storm Doors
Exterior   Shingles,
   Aluminum
Exterior Feat.   Deck -
   Wood, Gutters
Flooring   Tile, Wall to
   Wall Carpet
Foundation   Granite,
   Other (See Remarks)
Heating Zones   3
Hot Water   Oil, Electric
Lead Paint   Unknown
Lot   Paved Drive
Parking   Off-Street
Road   Paved
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   Private
   Sewerage, Private Water
Warranty   No
Units
Unit 1 Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 1; Full Baths: 1; Heating: Hot Water
     Baseboard, Oil; Interior: Balcony/Deck, Bathroom With Tub & Shower; Lease: No; Levels: 2; Rent:
     1300; Rent Includes: Water; Rooms: 7; Rooms Desc.: Living Room, Dining Room, Kitchen, Office/Den
Unit 2 Appliances: Range, Refrigerator; Bedrooms: 1; Floor: 2; Full Baths: 1; Heating: Hot Water
     Baseboard, Oil; Interior: Balcony/Deck; Lease: No; Levels: 2; Rent: 1000; Rent Includes: Water;
     Rooms: 5; Rooms Desc.: Living Room, Kitchen, Office/Den
Unit 3 Appliances: Range, Refrigerator; Bedrooms: 1; Floor: 1; Full Baths: 1; Heating: Electric, Propane,
      Space Heater; Lease: No; Levels: 2; Rent: 1000; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living
     Room, Kitchen, Office/Den
Financial Info
Electricity   $267
Expenses Source   Owner
   Provided
Gross Expenses   $2,166
Gross Oper. Income  
   $39,600
Insurance   $1,899
Net Oper. Income   $39,600
Additional Information
APOD Available?   Yes
Adult Community   No
Anticipated Sale Date  
   10/26/2015
Deed   Book: 9559, Page:
   337
Foreclosure   No
GLA Source   Public Record
Identifier   Map: 237,
   Lot: 55
Living Area Disclosures  
   single unit has 558
   square feet
Off Market Date   10/16/15
Parcel #   M:0237 B:0055
   L:0000
Schools   Grade School:
   West Parish, Middle
   School: O'Maley, High
   School: GHS
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 10/27/15 2:06pm

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Ruth Pino


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