$500,000
$50K PRICE DROP

197 E Main St Unit 2 Gloucester, MA 01930

East Gloucester Neighborhood

Estimated payment $3,100/month

Total Views 13,128
3 Beds
1 Bath
1,505 Sq Ft
$332 Price per Sq Ft

Highlights

  • Beach Front
  • Golf Course Community
  • Harbor Views
  • Marina
  • Medical Services
  • Deck

About This Home

Iconic and storied East Gloucester location with two floors of amazing potential! Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of Smith Cove and Gloucester harbor. Large roof deck overlooking the water. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. Kitchen and bathroom are in need of renovation. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner. Rocky Neck, Niles Beach and Good Harbor minutes away.

Listing Agent

Andree Gillian Group

Engel & Volkers By the Sea Listed on: 11/18/2025

Engel & Volkers By the Sea

Co-Listing Agent

Gillian Harnish Bouchie

Engel & Volkers By the Sea

Co-Listing Agent

Andree Robert

Engel & Volkers By the Sea

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1900

Lot Details

  • 2,460 Sq Ft Lot
  • Beach Front

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,505 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Light Fixtures
  • Bay Window
  • Picture Window
  • Entrance Foyer
  • Den
  • Harbor Views
  • Range
  • Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Baseboard Heating
  • 220 Volts
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 4849088

Community Details

Overview

  • Association fees include insurance
  • 4 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

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

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,855

Year Built

Built in 1900

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Low-Rise
  • Year Built: 1900
  • Entry Level: 2
  • Year Built Details: Renovated Since
  • Year Round: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Lighting - Pendant, Den, Foyer, Internet Available - Broadband
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Room Bedroom3 Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Room Bedroom3 Level: Third
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Window(s) - Bay/Bow/Box
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Lighting - Overhead
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Vinyl, Window(s) - Bay/Bow/Box
  • Laundry Features: In Unit, Electric Dryer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Window(s) - Picture, Lighting - Overhead
  • Basement: Y
  • Above Grade Finished Sq Ft: 1505
  • Accessibility Features: No
  • Living Area: 1505
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Window(s) - Bay/Bow/Box
  • MAIN LO: AN4733
  • Insulation: Mixed, Unknown

Exterior Features

  • Exterior Features: Deck - Roof, Rain Gutters
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Roof: Shingle, Rubber
  • Waterfront Features: Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: No Management

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel Number: 4849088
  • Zoning: NB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2460
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 2855

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No
  • Waterview: Harbor

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Price Changed $500,000 -9.1% $332 / Sq Ft
11/18/2025 11/18/25 For Sale $550,000 -- $365 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73455976

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Gloucester 01930 East Gloucester

197 E Main St Unit 2, Gloucester, MA

For Sale

Townhouses

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Listing Agent
Andree Gillian Group
Section Image
Engel & Volkers By the Sea
(351) 217-4311