Great opportunity to own a newly renovated 2-bedroom, 1-bathroom unit in the heart of Gloucester. Freshly painted with new flooring, updated bathroom vanity, and granite countertops, this home is move-in ready. Enjoy the spacious bedrooms bathed in natural light and featuring new wall-to-wall carpeting. Whether you're seeking a comfortable home or a promising investment opportunity, this unit won't last long. Its prime location near parks, golf courses, public beaches, and highway access offers convenience and lifestyle appeal. Buyer/Buyer's agent to do own due diligence. Listing agency has vested interest. Seller has never occupied property and has limited knowledge. OPEN HOUSE: Saturday 4/26 and Sunday 4/27 from 10-12
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Level: First
- Bedroom 2 Level: First
- Primary Bedroom Features: Closet, Flooring - Wall to Wall Carpet
- Bedroom 2 Features: Closet, Flooring - Wall to Wall Carpet
Other Rooms
- Total Rooms: 4
- Entry Foyer Level: 3
- Living Room Level: First
- Living Room Features: Flooring - Laminate
- Basement Description: N
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Level: First
- Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Laminate
Appliances
- Range
- Dishwasher
- Microwave
- Refrigerator
- Laundry Features: In Building
Heating and Cooling
- Cooling Features: Wall Unit(s)
- Heating Features: Electric
- Heating: Yes
Interior Features
Kitchen and Dining
- Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Laminate, Countertops - Stone/Granite/Solid
- Kitchen Level: First
Exterior and Lot Features
- Deck
- Balcony
- Sprinkler System
- Patio And Porch Features: Deck
Waterfront and Water Access
- Beach Front
- 0 to 1/10 Mile To Beach
Garage and Parking
- Parking Features: Deeded
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: Laundry, Garden Area
- Association Fee: 384
- Association Fee Frequency: Monthly
- Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Calculated Total Monthly Association Fees: 384
Multi-Unit Info
Amenities and Community Features
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Highway Access, Marina
Other Property Info
- Annual Tax Amount: 3190
- Source Listing Status: Active
- County: Essex
- Directions: Please use GPS
- Tax Year: 2025
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: M:0169 B:0003 L:0003(H), 1901974
- Postal Code Plus 4: 5152
- Zoning: VB
- Property Subtype: Condominium
- Source System Name: C2C
Utilities
- Electric: 220 Volts
- Sewer: Private Sewer
- for Electric Range
- for Electric Oven
- Water Source: Public
Building and Construction
- Year Built: 2003
- Building Area Total: 870
- Building Area Units: Square Feet
- Building Name: Ocean Terrace Condominium Trust
- Property Age: 22
- Property Attached: Yes
- Levels or Stories: 1
- Structure Type: Mid-Rise
- Year Built Details: Approximate
- Year Built Source: Public Records