2 months on rocket

3 Lexington Ave, Gloucester, MA, 01930

$950,000

Home List Price

$10,000*

Closing Credit

0 Baths
1,932 SqFt
$492/SqFt
Multi

Location

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3 Lexington Ave, Gloucester$950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built2015
WaterfrontBeach, Ocean Front
MLS #73306119
Lot Size0.23 Acres
StatusActive

About 3 Lexington Ave

Attention Contractors, Developers and savvy Investors! This is a great opportunity to obtain this 3 multifamily mixed used project in the heart of beautiful Magnolia near the beach, ready to go this season! This property has an existing first floor commercial unit already built and just needs finished details inside. With an incredible 13 nicely paved parking spots and beautiful fenced lot and landscaping. Large basement provides plenty of space to create storage for each unit and laundry facilities. Newer septic system support the project so your utilities are ready! The ZBA approval in hand and ready to build 2 residential units on top of the existing commercial unit. Come and start building!

Property Details

Property Features

Property Information:

  • Year Built: 2015
  • Living Area: 1,932 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Manchester
  • Office Phone: (978) 526-7572
  • Listing Agent: Gabriela Debenedictis

Interior Features

Interior Information:

  • Flooring Type: Other

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Other

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.23 Acres

Other

Directions Information:

  • Directions: Rt 127 Or Hesperus onto Lexington

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,000
  • Price Per SqFt: $492/SqFt

Tax Information:

  • Annual Amount: $8,015
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gloucester, MA.

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Gloucester, MA

City

Med. Sold Price

$688K

Med. Price/SqFt

$452

Avg. Days On Market

81

# of Sold Homes

13

3 Lexington Ave vs Gloucester

67 DAYS ON ROCKET

-14 Days

$950,000

+$262K More

$492/SqFt

+$40 More

KEY TAKEAWAY

This property is $262K more than the Median Sold Price and $40/SqFt more than other homes in Gloucester, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73306119

Listing Office:

  • Office Name: Coldwell Banker Realty - Manchester
  • Office Phone: (978) 526-7572
  • Listing Agent: Gabriela Debenedictis

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,015$623,700
2020$7,946$623,700
2019$8,106$618,300
2018$8,271$619,100
2017$8,167$599,200

History based on county public records data.

Payment Calculator

$4,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2253314
8
/10

  • Manchester Memorial Elementary School

  • 43 Lincoln St

  • 2.63 miles

  • Public District Grades KG-5

school-card-donut-2253315
6
/10

  • West Parish

  • 10 Concord St

  • 2.95 miles

  • Public District Grades KG-5

school-card-donut-2253316
7
/10

  • East Gloucester Elementary School

  • 8 Davis Street Ext

  • 4.06 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,686. Most Gloucester, MA residents have annual incomes between $100k-200k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Gloucester›01930›3 Lexington Ave

This home is located at 3 Lexington Ave in Gloucester, MA and zip code 01930. This 1,932 square foot home, which was built in 2015, sits on a 0.23 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $950,000.

Over 6 listings were sold over their listed price in November 2024 in Gloucester, MA. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in Gloucester, MA decreased by 18.7% between October 2024 and November 2024. Listings spent 81 days on the market in November 2024, and had a median list price of $688,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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