Sold!
$980,000
9
Beds
6
Baths
4,330
Living Area
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Property Description
Rare 6 unit investment property located in central Gloucester consists of three 2 Br 1 BA units and three 1 BR 1 BA unit. Property is in need of updating and renovations throughout. Separate heat, hot water and updated electric utilities. Paved parking for 3-4 cars off street with room to expand. Property is well located for commuters with T station and Rt. 128 nearby as well as short distance to downtown Gloucester. Recently installed fire alarm system. Some units have laundry hookups. Common basement area has some room for storage. 2 units TAW currently rented at $1000 mo. each, 4 units currently vacant. A great investment opportunity at $146,500 per unit!
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Highlights
- Has View: Yes
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
- Heating: Baseboard, Natural Gas, Individual, Unit Control, Electric
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Flooring: Wood, Vinyl, Varies
- Foundation Area: 1643
- Lot Features: Corner Lot, Level
- Roof: Shingle, Rubber
- Total Number of Units: 6
- Year Built Details: Approximate
- Zoning: R5
- Basement: Full, Walk-Out Access, Concrete
- Foundation: Concrete Perimeter
- Interior Features: Living Room, Kitchen, Family Room, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station
- 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: $787,400
- Tax Year: 2025
- Total Rent: $2,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $7,470
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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 North Shore's Gold Coast Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
