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196 Washington St

Gloucester, MA 01930
$685,000
3 Beds
3 Baths
2,282 Living Area
  • Property Description
    Discover an excellent investment opportunity with this solid three-family property, featuring three spacious one-bedroom apartments. Each unit offers generously sized rooms and convenient in-unit washer/dryer hookups—highly desirable for today’s renters. The building is centrally located near downtown Gloucester, just a short walk to the MBTA, restaurants, shops, and everyday amenities. Off-street parking adds to the appeal, and all units are currently occupied, providing immediate income with potential for increased future returns. This is a rare chance to own a well-maintained, fully tenanted property in a prime location. First showings at the open house on December 7, 2025 11:30am to 12:30pm
  • Highlights
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
    • Parking Spots: 7
    • Property Type: 3 Family
    • Total Rooms: 9
    • Status: Closed
  • Additional Details
    • Basement: Full
    • Flooring: Wood, Carpet
    • Interior Features: Kitchen, Living RM/Dining RM Combo
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Nb
    • Construction: Frame
    • Foundation: Concrete Perimeter
    • Lot Features: Additional Land Avail.
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, Sidewalks
    • Waterfront Features: 1 to 2 Mile To Beach
    • Parking Features: Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $552,000
    • Taxes: $5,365
    • Tax Year: 2025
    • Total Rent: $3,650

Location

196 Washington St, 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 Sara Fishbane Real Estate. 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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