$800,000
PENDING

Estimated payment $4,696/month

Total Views 5,318
5 Beds
3 Baths
2,228 Sq Ft
$359 Price per Sq Ft

Highlights

  • Marina
  • Medical Services
  • Corner Lot
  • Golf Course Community
  • Property is near public transit
  • 2-minute walk to Burnham's Field

About This Home

119 Pleasant St contains 3 total units comprised of (2) 2-Bed/1-Bath units and (1) 1-Bed/1-Bath unit. The Property offers off-street parking with 2 spaces available. The Property is separately metered for electricity and gas-powered heat and hot water, which tenants pay directly. The Landlord is responsible for common area electricity and domestic water and sewer. 119 Pleasant St is exceptionally well-connected for residents and visitors, with local bus service provided by the Cape Ann Transportation Authority (CATA), offering frequent, fare-free routes through December 2025 linking Gloucester to Rockport, Essex, Ipswich, and key local destinations. The MBTA Commuter Rail Rockport Branch serves Gloucester station nearby, providing direct train access to Boston’s North Station and stops along the North Shore. Regional mobility is further enhanced by Massachusetts Route 128, the major highway joining Gloucester to the Greater Boston area and interstate corridors across MA.

Listing Agent

Steve Girolamo

Horvath & Tremblay Listed on: 11/06/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1900

Lot Details

  • 2,613 Sq Ft Lot
  • Corner Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Separate Meters

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1894948

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Building Details

  • Operating Expense $18,238
  • Net Operating Income $51,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,904

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 2228
  • Living Area: 2228
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2723

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 1894948
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 25
  • Tax Annual Amount: 5904

Multi Family

  • Net Operating Income: 51962
  • Number Of Units Total: 3
  • Operating Expense: 18238
  • Total Actual Rent: 5850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $5,904 $607,400 $121,200 $486,200
2024 $5,502 $565,500 $115,500 $450,000
2023 $5,729 $541,000 $103,100 $437,900
2022 $5,173 $441,000 $89,600 $351,400
2021 $5,010 $402,700 $81,500 $321,200
2020 $4,742 $384,600 $81,500 $303,100
2019 $4,396 $346,400 $81,500 $264,900
2018 $4,219 $326,300 $81,500 $244,800
2017 $4,011 $304,100 $73,400 $230,700
2016 $3,701 $271,900 $73,400 $198,500
2015 $3,621 $265,300 $73,400 $191,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $800,000 0.0% $359 / Sq Ft
10/01/2024 10/01/24 For Rent $1,200 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Not Resolvable $160,669 --
Foreclosure Deed $441,624 --
Deed $154,700 --
Deed $77,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $350,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73452267

MLS Property Information Network (MLS PIN)

APN: GLOU-000027-000066