$620,000
4
Beds
2
Baths
1,944
Living Area
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Property Description
Fantastic Two-Family Investment Opportunity! Ideally located in a desirable neighborhood walking distance to East Veterans Elementary school, this well-maintained two-family offers an excellent opportunity for investors or buyers looking to owner-occupy while generation rental income. Unit #1 entrance is the front door home with three bedrooms upstairs on the second floor, an open concept kitchen with center island stainless steel appliances, granite countertops, hardwood floor and a full bathroom. The spacious family with stackable laundry in closet. This unit has a parking spot in the driveway and off street parking. Unit # 2 is located in the back of the house, pull in the driveway and walk in your one bedroom, a kitchen, full bathroom, pantry/storage area, and in unit laundry. The property has a sharable yard to have grills and outside table and chairs. Whether you're looking to expand your investment portfolio or get into multifamily ownership with tenants already in place, this offers versatility, convenience, and excellent potential. Don't miss this opportunity to own a two-family in a great neighborhood close commuter rail, downtown Gloucester, parks and beaches. Both units are currently occupied by tenants at will and they each pay for own Utilities.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Heating: Natural Gas
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 8
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Refrigerator
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R5
- Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Walk-Up Attic, Bathroom With Tub & Shower, Kitchen, Family Room, Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station
- Waterfront Features: 1 to 2 Mile To Beach
- Parking Features: Off Street, Paved
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $480,700
- Taxes: $4,475
- Tax Year: 2026
- Total Rent: $4,300
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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 Gibson Sotheby's International Realty.
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