Sold!
$1,465,000
10
Beds
6
Baths
6,731
Living Area
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Property Description
Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.
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Highlights
- Parking Spots: 2
- Property Type: 5-9 Family
- Year Built: 1900
- Property Class: Residential Income
- Total Rooms: 23
- Status: Closed
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Additional Details
- Foundation: Stone
- Total Number of Units: 6
- Year Built Source: Public Records
- Lot Features: Corner Lot
- Year Built Details: Approximate
- Zoning: R-5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Marina, Public School, T-Station
- Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,016,100
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $8,933
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Taxes: $10,760
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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 Boston Metropolitan Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
