NOT LISTED FOR SALE

Estimated Value: $663,000 - $700,000

3 Beds
3 Baths
2,282 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2026

Last sale price $685,000 $300 Per Sq Ft

Current estimated payment $4,192 / mo

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Property is near a beach
  • Property is near public transit
  • Additional Land

About This Home

As of January 2026

Discover an excellent investment opportunity with this solid three-family property, featuring three spacious one-bedroom apartments. Each unit offers generously sized rooms and convenient in-unit washer/dryer hookups—highly desirable for today’s renters. The building is centrally located near downtown Gloucester, just a short walk to the MBTA, restaurants, shops, and everyday amenities. Off-street parking adds to the appeal, and all units are currently occupied, providing immediate income with potential for increased future returns. This is a rare chance to own a well-maintained, fully tenanted property in a prime location. First showings at the open house on December 7, 2025 11:30am to 12:30pm

Last Agent to Sell the Property

Debra Lovelace

Churchill Properties Listed on: 12/04/2025

Last Buyer's Agent

Bill Fishbane

Sara Fishbane Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,365

Year Built

  • Built in 1900

Lot Details

  • 1,770 Sq Ft Lot
  • Private Streets
  • Additional Land

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,282 Sq Ft Home
  • Property has 1 Level
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 7 Open Parking Spaces
  • 7 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Deck

Additional Features

  • Property is near public transit
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $3,650
  • Assessor Parcel Number M:0036 B:0044 L:0000,1895569

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,365

Year Built

Built in 1900

Lot Details

1,770 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • 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: Wood, Carpet
  • Interior Amenities: Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: No
  • Total Bedrooms: 3
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 2282
  • Living Area: 2282
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4851
  • MAIN SO: C86000

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 7
  • Parking Features: Off Street
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0036 B:0044 L:0000,1895569
  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Features: Additional Land Avail.
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1770
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5365

Multi Family

  • Net Operating Income: 43800
  • Number Of Units Total: 3
  • Total Actual Rent: 3650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2025
Closed on
Jan 23, 2026
Sold by
Bought by
Seller's Agent
Debra Lovelace
Churchill Properties
Buyer's Agent
Bill Fishbane
Sara Fishbane Real Estate
List Price
$649,000
Sold Price
$685,000
Premium/Discount to List
$36,000
5.55%
Views
36
Current Estimated Value
$682,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,000
Avg. Annual Appreciation
-0.86%
Original Mortgage
$513,750
Outstanding Balance
$512,759
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$169,241
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$685,000 --
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 Borrower Loan Amount
Open $513,750
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
01/23/2026 01/23/26 Sold $685,000 +5.5% $300 / Sq Ft
12/09/2025 12/09/25 Pending -- -- --
12/04/2025 12/04/25 For Sale $649,000 -- $284 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,365 $552,000 $117,600 $434,400
2024 $4,999 $513,800 $112,000 $401,800
2023 $5,199 $490,900 $100,000 $390,900
2022 $4,692 $400,000 $86,900 $313,100
2021 $4,541 $365,000 $79,000 $286,000
2020 $4,299 $348,700 $79,000 $269,700
2019 $3,988 $314,300 $79,000 $235,300
2018 $3,829 $296,100 $79,000 $217,100
2017 $3,651 $276,800 $71,200 $205,600
2016 $3,370 $247,600 $71,100 $176,500
2015 $3,305 $242,100 $71,100 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73459854

MLS Property Information Network (MLS PIN)

APN: GLOU-000036-000044

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