$799,000

Estimated payment $4,845/month

Total Views 2,112
6 Beds
2 Baths
2,575 Sq Ft
$310 Price per Sq Ft

Highlights

  • Marina
  • Property is near a beach
  • Property is near public transit and schools
  • Medical Services
  • Deck
  • Wood Flooring

About This Home

Opportunity awaits at 186 Washington Street! This spacious Gloucester two-family offers a flexible layout, generous room sizes and excellent potential for an owner-occupant, investor or multi-generational buyer. Each unit features its own kitchen, full bath and comfortable living spaces, with the second-floor unit also offering a bright sunroom. Off-street parking, basement storage and convenient access to downtown Gloucester, the harbor, shops, restaurants and area beaches add to the appeal. A substantial third floor attic with multiple existing rooms provides an exciting value-add opportunity for future expansion or additional living space. The third floor requires renovation; buyers to perform their own due diligence regarding permitted uses, zoning and approvals. A unique opportunity to bring your vision to a classic Gloucester multifamily and unlock its full potential.

Listing Agent

Garett Webb

Churchill Properties Listed on: 08/18/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1900

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,575 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Walking Distance to Water
  • Deck
  • Rain Gutters

Schools

  • Plum Cove Elementary School
  • Omaley Middle School
  • Gloucester High School

Additional Features

  • 4,052 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 23/50,1894617

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 1900

Lot Details

4,052 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2575
  • Living Area: 2575
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4851

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Access, Harbor, Ocean, River, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 23/50,1894617
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4052
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 5236
  • Tax Lot: 50

Multi Family

  • Net Operating Income: 64800
  • Number Of Units Total: 2
  • Total Actual Rent: 5400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Gloucester High School
  • Elementary School: Plum Cove School
  • Middle Or Junior School: Omaley Middle School

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,880 $502,100 $131,100 $371,000
2024 $4,791 $492,400 $124,900 $367,500
2023 $5,596 $528,400 $111,500 $416,900
2022 $5,236 $446,400 $97,000 $349,400
2021 $5,061 $406,800 $88,100 $318,700
2020 $4,789 $388,400 $88,100 $300,300
2019 $4,435 $349,500 $88,100 $261,400
2018 $4,342 $335,800 $88,100 $247,700
2017 $4,082 $309,500 $79,400 $230,100
2016 $3,892 $286,000 $79,300 $206,700
2015 $3,814 $279,400 $79,300 $200,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2026 08/18/26 For Sale $799,000 +68.2% $310 / Sq Ft
07/01/2022 07/01/22 Sold $475,000 +10.5% $185 / Sq Ft View Prior Sale
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $429,900 -- $168 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $475,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $356,250 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73564843

MLS Property Information Network (MLS PIN)

APN: GLOU-000023-000050

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