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101 Western Ave

Gloucester, MA 01930
$1,200,000
3 Beds
2/1 Baths
3,785 Living Area
  • Property Description
    Rare opportunity to own a waterfront mixed use multifamily right on beautiful Stacy Boulevard! A special place to enjoy the historic harbor of Gloucester. Well maintained and updated property with endless potential suitable for an owner occupied who wants to live in the residential unit and get income from the commercial space or a savvy investor/developer who would like to convert this multifamily into two condos. Condo docs are almost done. Amazing water views from almost every room! The residential unit has breathtaking views with 2,070 sq. ft., 2 bedrooms, 2 Large Bathrooms, nice size living room, dining room, laundry area, closets space and a private parking space for one car. This unit also has potential to build a garage and put a deck on top for outdoor space. The commercial space with 1,715 sq. ft. has a large conference area with amazing ocean views, 5 individual offices spaces, kitchen, handicap bathroom and a large finished basement used as an office and storage.
  • Highlights
    • Cooling: Ductless, Other
    • Heating: Natural Gas, Baseboard
    • Property Class: Residential Income
    • Total Rooms: 9
    • Status: Closed
    • Has View: Yes
    • Parking Spots: 1
    • Property Type: 2 Family - 2 Units Up/Down
    • Year Built: 1900
  • Additional Details
    • Appliances: Microwave, Refrigerator, Range, Washer, Dryer
    • Flooring: Carpet, Stone/Ceramic Tile
    • Interior Features: Cathedral/Vaulted Ceilings, Storage, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Details: Approximate
    • Zoning: R-5
    • Basement: Full, Finished, Interior Entry
    • Foundation: Concrete Perimeter
    • Lot Features: Corner Lot
    • Roof: Shingle
    • View: City
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
    • Waerfront: Yes
    • Parking Features: Off Street
    • Waterfront Features: Waterfront, Beach Front, Ocean, Bay, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Utilities
    • Electric: 220 Volts
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $823,500
    • Compensation Based On: Net Sale Price
    • Tax Year: 2024
    • Total Rent: $6,700
    • Buyer Agent Compensation: 2%
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water)
    • Taxes: $8,012

Location

101 Western Ave, Gloucester, MA 01930

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty - Manchester. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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