$580,000
4
Beds
2
Baths
2,106
Living Area
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Property Description
Nestled at 118 Prospect St, Gloucester, MA, this 2 family residence presents a unique opportunity to own a piece of history in a vibrant community, offering a canvas ready for your vision. Within this residence, discover 4 bedrooms thoughtfully positioned to create private retreats, offering a haven for rest and rejuvenation. The home includes 2 full Baths which offer essential fixtures. With 2106 square feet of living area spread across 2 stories, this property offers ample space to shape the layout of your dreams either as 2 fam. or large single family, while the 5660 square feet lot provides a setting for outdoor enjoyment. Constructed in 1894, this home carries with it a rich heritage, poised to blend timeless charm with modern aspirations. This Gloucester residence is a promising venture, ready for its transformation into a cherished home. 2 car paved off street parking. Newer gas heating and hot water systems. Waterview Cupola room! Close to all downtown Gloucester has to offer!
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Highlights
- Has View: Yes
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1894
- Heating: Forced Air, Natural Gas, Common, Unit Control
- Parking Spots: 2
- Property Type: Multi Family
- Total Rooms: 8
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer
- Construction: Frame
- Fireplaces: 2
- Foundation: Granite
- Interior Features: Ceiling Fan(s), Floored Attic, Walk-Up Attic, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s), Scenic View(s), City
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Concrete
- Exterior Features: Balcony/Deck, Garden, Stone Wall
- Flooring: Plywood, Tile, Hardwood, Pine, Wood
- Foundation Area: 1008
- Lot Features: Corner Lot, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 2
- Year Built Details: Actual, Renovated Since
- Zoning: R5
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, Sidewalks
- Waterfront Features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 220 Volts, Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $628,200
- Taxes: $5,848
- Tax Year: 2026
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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 William Raveis R.E. & Home Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.