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44 Concord St - 44 & 44R Concord St, Gloucester, MA 01930
6.25 Acres of Residential Land Offered at $1,999,000 in Gloucester, MA 01930
Investment Highlights
- Potential development
- Highway visibility with frontage on Rt.128
- Minutes to popular Wingaersheek beach, T-Station and downtown shops
Executive Summary
Taxes & Operating Expenses (Actual - 2022) |
Annual | Annual Per AC |
---|---|---|
Taxes | $4,465 | $714.40 |
Operating Expenses | $600 | $96.00 |
Total Expenses | $5,065 | $810.40 |
Taxes & Operating Expenses (Actual - 2022)
Taxes | |
---|---|
Annual | $4,465 |
Annual Per AC | $714.40 |
Operating Expenses | |
---|---|
Annual | $600 |
Annual Per AC | $96.00 |
Total Expenses | |
---|---|
Annual | $5,065 |
Annual Per AC | $810.40 |
Property Facts
Price | $1,999,000 | Property Type | Land |
Sale Type | Owner User | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 6.25 AC |
Price | $1,999,000 |
Sale Type | Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 6.25 AC |
1 Lot Available
Lot
Price | $1,999,000 | Lot Size | 6.25 AC |
Price Per AC | $319,840 |
Price | $1,999,000 |
Price Per AC | $319,840 |
Lot Size | 6.25 AC |
44 & 44R Concord St: Amazing opportunity for potential development on 6.25 Ac of land in prime W. Gloucester location along Rt. 128. Minutes to Wingaersheek beach and the W. Gloucester T. Property also includes duplex with stable tenants.
Description
44 & 44R Concord Street. Amazing opportunity for potential development in prime Gloucester location with frontage along Rt. 128. A total of 6.25 Acres on two contigual lots at the West Gloucester exit and minutes to Wingaersheek beach. Close to West Gloucester T-Station, bustling downtown and all the Gloucester beaches makes this location a prime opportunity for development. Zoned R20. Existing duplex on front lot (1.25Ac) with tenants in place. Rear lot is 5.0 Acres of raw land along Route 128. Duplex fed by city water and private sewer. City sewer is located nearby and can be brought down at owners expense. Property generates $40K/year in annual income. Rare opportunity to gain 6+ Acres of land in desirable Cape Ann area. Located in an MBTA Community.
PROPERTY TAXES
Parcel Number | GLOU-000229-000002 | Total Assessment | $27,400 (2024) |
Land Assessment | $27,400 (2024) | Annual Taxes | $4,465 |
Improvements Assessment | $0 (2024) | Tax Year | 2022 |
PROPERTY TAXES
zoning
Zoning Code | R20 |
R20 |
Learn More About Investing in Land
Presented by
Tylers Farm
44 Concord St - 44 & 44R Concord St, Gloucester, MA 01930
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