10 Oakes Ave, Gloucester, MA

$3,500,000

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14

Beds

11

Baths

9,501

Square feet

0.43

Acres

About 10 Oakes Ave

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?"

Features of 10 Oakes Ave

MLS® # 72873603
Price $3,500,000
Bedrooms 14
Bathrooms 11.00
Full Baths 11
Square Footage 9,501
Acres 0.43
Year Built 1907
Type Multi-Family
Sub-Type 5-9 Family
Status Active

Community Information

Address 10 Oakes Ave
Subdivision Magnolia
City Gloucester
County Essex
State MA
Zip Code 01930-3922

Amenities

Parking Spaces 18

Additional Information

Foreclosure No

Listing Details

AgentDaniel Cutler
OfficeBay Colony Realty

Listing Map

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