10 Oakes Avenue, MagnoliaGloucester, MA 01930MLS Number 72873603

  • Price: $3,500,000
  • Est. Mortgage of $/month
  • 133 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
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10 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 0193010 Oakes Avenue Gloucester MA 01930
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  • 14Bedrooms
  • 0.43Acreage
  • 11Bathrooms
  • 1907Year Built
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?"
Listed by Daniel Cutler and Sam Lockard of Bay Colony Realty

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Parking

  • Garage Spaces
  • Parking Spaces18
  • Parking DescriptionOff-Street, Assigned, Paved Driveway
  • Total Parking Spaces18

Building

  • Year Built1907
  • ConstructionFrame
  • Bathroom11
  • Full Bath11
  • Bedrooms14
  • Total Brs14
  • Total Fbh11
  • Total Flrs1
  • Total Frplcs3
  • Total Levels2
  • No Rooms8
  • Total Rms39
  • Total Rooms8
  • Levels4
  • Levels 11
  • Levels 21
  • BasementYes
  • Bedrms 12
  • Bedrms 22
  • FoundationGranite
  • DirectionFrom intersection of Raymond St, Norman Ave, and Magnolia Ave, take Fuller St to Oakes Ave
  • Rms 14
  • Rms 24
  • Lead PaintUnknown
  • Units11

Other

  • Wse2159
  • Year Built DescrpApproximate
  • Year RoundYes
  • Apod AvailableYes
  • Insc18011
  • Parcel NumberM:0166 B:0046 L:0000
  • Rfs2290
  • Rme7639
  • Noi107509
  • View Count11

Basic Information

  • Property Type5-9 Family
  • Date Listed07/29/2021
  • List Price$3,500,000
  • Price Per Sq Ft$368
  • Status Date2021-10-11T17:36:00
  • MLS Number72873603
  • MLS StatusActive

Property

  • Acreage0.43
  • Lot Size18524
  • Square Feet9,501
  • Lease 1Y
  • Lease 2Y
  • Rnt Dscrp 2Water, Hot Water
  • Lot DescriptionCorner, Paved Drive, Gentle Slope, Scenic View(s)
  • Rent21750
  • Rent11750
  • Rnt Dscrp 1Water, Hot Water
  • Total Rent20400
  • Assessments2231900
  • Main LoAN3615
  • Road TypePublic, Private, Paved, Publicly Maint., Privately Maint.

Utilities

  • Heat Units3
  • Utility ConnectionsVaries per Unit
  • Electric FeatureCircuit Breakers, 200 Amps, Individually Metered
  • Elec3225
  • Energy FeaturesVaries per Unit
  • WaterCity/Town Water
  • Hot WaterTank, Varies Per Unit, Other (See Remarks)
  • SewerPrivate Sewerage

Location

  • Street Num10
  • Building Number10
  • StreetOakes Avenue
  • TownGloucester
  • StateMA
  • Zip01930
  • Zip Code 43922
  • NeighborhoodMagnolia
  • CountyEssex

Interior

  • Fire Places3
  • Basement FeatureFull, Finished
  • F Bths 22
  • F Bths 12
  • Hea Dscrp 1Electric
  • Hea Dscrp 2Oil
  • Flrs 21
  • FlooringVaries Per Unit

Exterior

  • ColorGray
  • ExteriorShingles, Asbestos
  • Exterior FeaturesPorch, Patio, Sprinkler System, Screens, Varies per Unit
  • Roof MaterialAsphalt/Fiberglass Shingles, Rubber

Amenities

  • Other AmenitiesBasement, Fireplace, Water View, Waterfront

Water Body

  • WaterfrontYes
  • BeachfrontYes
  • Beach DescriptionOcean, Walk to
  • Miles to Beach1/10 to 3/10
  • Beach OwnershipPublic

Photos

  • Number of Photos39
  • Photo Date2021-11-30T21:00:00
  • Prop TypeMF
Listed by Daniel Cutler and Sam Lockard of Bay Colony Realty

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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