$599,000

Estimated payment $3,518/month

Total Views 2,797
4 Beds
3 Baths
1,800 Sq Ft
$333 Price per Sq Ft

Highlights

  • Beach Front
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit and schools
  • 2-minute walk to Burnham's Field

About This Home

3 family investment property located in central Gloucester within close proximity to downtown, Burnham's playground and T station. Consists of 1 BR, 2 BR, and 1 BR apartments. 2 units have long term tenants and one unit is currently vacant. Separate utilities for each unit. Enclosed fenced yard and patio area. 1 car off-street parking with room to create1-2 more. Newer roof 2020. Low maintenance aluminum siding and landscaping. Property being sold in as is condition.

Listing Agent

Peter Lane

North Shore's Gold Coast Realty Listed on: 02/20/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,294

Year Built

  • Built in 1900

Lot Details

  • 2,950 Sq Ft Lot
  • Beach Front
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Home Office
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 1 Car Parking Space
  • Driveway
  • Paved Parking
  • 1 Open Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit and schools

Schools

  • O'maley Middle School
  • Gloucester High School

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water other (see remarks)), unit 3(water other (see remarks))
  • Tax Lot 68
  • Assessor Parcel Number 1894950

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Insurance Expense $3,079
  • Water Sewer Expense $1,807
  • Net Operating Income $33,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,294

Year Built

Built in 1900

Lot Details

2,950 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl, Carpet, Wood
  • Interior Amenities: Living Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 1800
  • Living Area: 1800
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: C95247

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard, Natural Gas, Individual, Unit Control
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas, Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1807

Lot Info

  • Parcel Number: 1894950
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 2950
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 5293.67
  • Tax Lot: 68

Multi Family

  • Insurance Expense: 3079
  • Net Operating Income: 33394
  • Number Of Units Total: 3
  • Total Actual Rent: 3190
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Gloucester
  • Middle Or Junior School: O'maley

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,125 $527,300 $123,100 $404,200
2024 $4,779 $491,200 $117,200 $374,000
2023 $4,962 $468,600 $104,600 $364,000
2022 $4,491 $382,900 $91,000 $291,900
2021 $4,348 $349,500 $82,700 $266,800
2020 $4,123 $334,400 $82,700 $251,700
2019 $3,840 $302,600 $82,700 $219,900
2018 $3,695 $285,800 $82,700 $203,100
2017 $3,507 $265,900 $74,500 $191,400
2016 $3,254 $239,100 $74,500 $164,600
2015 $3,194 $234,000 $74,500 $159,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 For Sale $599,000 -- $333 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $130,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $163,500 No Value Available
Closed $8,500 No Value Available
Closed $112,000 Purchase Money Mortgage
Previous Owner $30,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73479118

MLS Property Information Network (MLS PIN)

APN: GLOU-000027-000068

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