100 E Main St Gloucester, MA 01930
East Gloucester NeighborhoodEstimated payment $11,956/month
Highlights
- Marina
- Medical Services
- Deck
- Ocean View
- Waterfront
- 3-minute walk to Benjamin Smith Playground at Cripple Cove
About This Home
Investors/Developers! This mixed use building offers an excellent potential return and a variety of potential uses. The property is located among the busiest shops and restaurants on Main street and includes two retail stores and three residential apartments all currently leased. The residential units include beautiful architectural details including exposed brick, over-sized windows, tall wooden-beamed ceilings, recessed lighting, central air and beautiful views of the harbor and ocean. There is a 2000+ sf single level luxury apartment on the second floor, with large granite kitchen, and two townhouse units of apx. 1350 utilizing the third and fourth floors. Historic Gloucester Harbor and a public beach is just 1/10 mile from the property. Don’t miss this amazing opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,350
Year Built
- Built in 1905
Lot Details
- 2,890 Sq Ft Lot
- Waterfront
- Corner Lot
Parking
- Open Parking
Property Views
- Ocean
- Harbor
- City
- Scenic Vista
Home Design
- Brick Exterior Construction
- Stone
Interior Spaces
- 8,069 Sq Ft Home
- Cathedral Ceiling
- Living Room
- Dining Room
- Home Office
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Balcony
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Air
- 5 Cooling Zones
- 5 Heating Zones
- Internet Available
Listing and Financial Details
- Legal Lot and Block 001 / 0082
- Assessor Parcel Number M:0007 B:0082 L:0000
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
- Jogging Path
Building Details
- Electric Expense $486
- Insurance Expense $9,000
- Water Sewer Expense $1,000
- Operating Expense $18,486
- Net Operating Income $120,714
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,094 | $627,000 | $183,800 | $443,200 |
| 2024 | $6,016 | $618,300 | $175,100 | $443,200 |
| 2023 | $5,748 | $542,800 | $156,300 | $386,500 |
| 2022 | $5,560 | $474,000 | $136,000 | $338,000 |
| 2021 | $5,359 | $430,800 | $123,600 | $307,200 |
| 2020 | $5,308 | $430,500 | $123,600 | $306,900 |
| 2019 | $5,067 | $399,300 | $123,600 | $275,700 |
| 2018 | $4,876 | $377,100 | $123,600 | $253,500 |
| 2017 | $4,722 | $358,000 | $117,800 | $240,200 |
| 2016 | $4,606 | $338,400 | $122,800 | $215,600 |
| 2015 | $4,170 | $305,500 | $106,800 | $198,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $2,089,000 | -- | $259 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $205,400 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73377209
APN: GLOU-000059-000060
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