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You are here:
Home Massachusetts Gloucester Multi-Family Homes for Sale

88 Rocky Neck Ave Gloucester, MA 01930

178 Days on Boston Pads
Price Reduced $600,000
28 Photos
$3,200,000
4 Unit
5 Beds
5 Baths
3678 SQFT
0.30 Acre
88 Rocky Neck Ave
Gloucester, MA 01930

Property Description

ROCKY NECK WATERFRONT FOUR FAMILY W/ COMMERCIAL DEEP WATER CHAP 91 DOCK- The dock can accommodate large fishing boats or multiple pleasure craft.Water rights extends out to the Harbor Commissioner's Line in the harbor. There are 4 residential units, one original to the property and 3 newer units built in 2004. The 2004 building has (2) one bedroom units, and (1) two bedroom unit, all with private decks and sweeping harbor views. The original unit is located on the dock with wrap around views of Gloucesters inner harbor. A parade of boats will keep you entertained along with summertime fireworks and festivities. Rocky Neck is the oldest art colony in the country with art studios & galleries, restaurants & bars, and a multitude of water activities. It's a short distance to downtown, Niles Beach & Eastern Point Yacht Club. Bring your boat, big or small! There is POTENTIAL FOR DOCK EXPANSION. ASK FOR REPORT.. All units have separate utilities except for water/sewer.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 5
  • Total Full Baths: 5
  • Amenities: Marina, Public School, Shopping
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Programmable Thermostat, Slider, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 101400
  • Gross Expenses: 3400
  • INSC: 3400
  • Net Operating Income: 98000

Utilities

  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 2004
  • Type: 4 Family - 4 Units Up/Down
  • Construction Type: Aluminum, Frame, Modular, Steel
  • Foundation Info: Other (See Remarks), Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73243379
  • Last Updated: 11/02/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/02/2024Active$3,200,000$870MLSPIN
10/29/2024Extended$3,200,000$870MLSPIN
09/03/2024Active$3,200,000$870MLSPIN
08/30/2024Price Change$3,200,000$870MLSPIN
07/15/2024Active$3,500,000$952MLSPIN
07/11/2024Price Change$3,500,000$952MLSPIN
06/01/2024Active$3,800,000$1,033MLSPIN
05/28/2024New$3,800,000$1,033MLSPIN
12/01/2023Expired$5,100,000$1,387MLSPIN
08/20/2023Active$5,100,000$1,387MLSPIN
08/16/2023New$5,100,000$1,387MLSPIN

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View Breakdown

Map & Resources

East Gloucester Elementary School

Public School, Grades: K - 5

0.4mi

Gloucester Alternative High School

Grades: 9-12

0.43mi

Saint Ann Elementary School

Grades: 1-6

0.59mi

St Ann Elementary

Private School, Grades: PK-8

0.61mi

Hovey School

School

0.84mi

East Veterans Elementary School

Public Elementary School, Grades: K-5

0.86mi

Saint Mel Day School

School

0.92mi

Crows Nest

Bar

0.55mi

Watson and the Shark

Bar

0.55mi

Cake Ann

Cake & Cupcake & Coffee (Cafe)

0.42mi

Lone Gull Coffee House

Coffee Shop

0.45mi

Sandpiper Bakery

Coffee Shop & Bakery (Cafe)

0.51mi

Cafe Bischo

Cafe

0.53mi

Cafe Dolce

Cafe

0.54mi

Shore Nutrition

Juice (Fast Food)

0.43mi

Gloucester Fire Department

Fire Station

0.57mi

Gloucester Police Department

Local Police

0.4mi

MEP Pier

Police

0.48mi

Massachuetts Environmental Police

Police

0.52mi

Maritime Gloucester

Museum

0.22mi

Cape Ann Historical Museum

Museum

0.47mi

Cape Ann Museum

Museum

0.48mi

Sargent House Museum

Museum

0.54mi

Mattos Field

Sports Centre. Sports: Baseball

0.85mi

New Balance Stadium

Sports Centre. Sports: American Football

0.92mi

Solomon Jacbobs Park

Municipal Park

0.21mi

Rocky Neck Park

Municipal Park

0.27mi

Captain Solomon Jacobs Park

Municipal Park

0.27mi

Cape Ann Historical Museum Courtyard

Park

0.46mi

Cape Ann Historical Museum Sculpture Park

Park

0.48mi

St. Peter's Park

Park

0.51mi

Central Gloucester Historic District

Park

0.52mi

Sargent House Garden

Park

0.53mi

Cripple Cove Playground

Playground

0.55mi

Ganine Doucette Playground

Playground

0.72mi

Bass Rocks Golf Club

Golf Course

0.73mi

TD Bank

Bank

0.34mi

Citizens Bank

Bank

0.41mi

BankGloucester

Bank

0.43mi

BankGloucester

Bank

0.45mi

Bank of America

Bank

0.54mi

Speedway

Gas Station

0.6mi

Cape Ann Historical Association Library

Library

0.46mi

Gloucester Lyceum & Sawyer Free Library

Library

0.51mi

Conleys drug store

Pharmacy

0.71mi

Cape Ann Convenience

Convenience

0.54mi

Speedway

Convenience

0.6mi

Railroad Variety

Convenience

0.65mi

7-Eleven

Convenience

0.82mi

7-Eleven

Convenience

0.82mi

Shaw's

Supermarket

0.71mi

Market Basket

Supermarket

0.87mi

Seller's Representative: Karen Bernier, Churchill Properties
MLS ID#: 73243379

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-02 03:06:00