$649,900
PENDING

Estimated payment $4,054/month

Total Views 2,478
5 Beds
2.5 Baths
2,222 Sq Ft
$292 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Sun or Florida Room
  • Granite Flooring
  • Attic
  • Mud Room

About This Home

Stately 2-family home with detached 2-car garage and separate utilities! Located near downtown Gloucester's shopping, dining and historic waterfront, this home features a 7-room 3-bedroom 1.5 bath owner's unit on the first floor and a 5-room 2-bedroom 1 bath rental unit on the 2nd and 3rd floors. The walk-up attic offers potential for expansion. This property is awaiting your updating but does feature some recent improvements, including a gas boiler replaced in 2020, a hot water tank installed in 2023 and vinyl replacement windows. You won't want to miss this fantastic opportunity! OPEN HOUSE SATURDAY 5/10 FROM 12-2PM. OFFERS, IF ANY, ARE DUE ON MONDAY 5/12 AT 5PM.

Listing Agent

Mark Vadala

Vadala Real Estate Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,203

Year Built

  • Built in 1900

Lot Details

  • 6,120 Sq Ft Lot
  • Property fronts an easement

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,222 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Storm Doors
  • Dryer
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor
  • Block Basement Construction

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • East Veterans Elementary School
  • O'maley Middle School
  • Gloucester High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Knob And Tube Electrical Wiring
  • 110 Volts
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Rent includes unit 2(water)
  • Tax Lot 38
  • Assessor Parcel Number M:0052 B:0038 L:0000,1896544

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $3,500
  • Water Sewer Expense $962
  • Operating Expense $6,165
  • Net Operating Income $5,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,203

Year Built

Built in 1900

Lot Details

0

Parking

2

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
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl, Carpet, Varies, Hardwood
  • Interior Amenities: Walk-Up Attic, Mudroom, Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Internet Available - Broadband, Heated Attic, Living Room, Dining Room, Kitchen, Sunroom, Office/Den
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Dirt Floor, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 2222
  • Living Area: 2222
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: C95600
  • LIST PRICE PER Sq Ft: 292.48
  • PRICE PER Sq Ft: 292.48

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Frontage Length: 60
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup, Varies per Unit
  • Cooling: None
  • Heating: Hot Water, Oil, Individual, Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service, Individually Metered, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 962

Lot Info

  • Parcel Number: M:0052 B:0038 L:0000,1896544
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6120
  • Lot Size Units: Acres
  • PAGE: 326
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5203
  • Tax Book Number: 28089
  • Tax Lot: 38
  • Tax Map Number: 52

Multi Family

  • Gross Income: 11400
  • Insurance Expense: 3500
  • Net Operating Income: 5235
  • Number Of Units Total: 2
  • Operating Expense: 6165
  • Total Actual Rent: 950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Gloucester
  • Elementary School: East Veterans
  • Middle Or Junior School: O'maley

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

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 $5,203 $534,700 $138,300 $396,400
2024 $5,203 $534,700 $138,300 $396,400
2023 $5,313 $501,700 $123,500 $378,200
2022 $4,995 $425,800 $107,400 $318,400
2021 $4,837 $388,800 $97,600 $291,200
2020 $4,593 $372,500 $97,600 $274,900
2019 $4,290 $338,100 $97,600 $240,500
2018 $4,020 $310,900 $97,600 $213,300
2017 $3,782 $286,700 $87,900 $198,800
2016 $3,646 $267,900 $87,900 $180,000
2015 $3,583 $262,500 $87,900 $174,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $649,900 -- $292 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Commercial
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73372009

MLS Property Information Network (MLS PIN)

APN: GLOU-000052-000038