$1,299,000

35 Reservoir Rd Gloucester, MA 01930

Estimated payment $7,419/month

Total Views 873
5 Beds
2 Baths
3,120 Sq Ft
$416 Price per Sq Ft

Highlights

  • Deck
  • Cooling System Mounted In Outer Wall Opening
  • Combination Dining and Living Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • 1 Car Garage

About This Home

Well-maintained two-family home in a convenient Gloucester location offering strong income potential and flexibility for both investors and owner-occupants. This property features two spacious units with a total of 5 bedrooms and 2 full baths, with the potential to be used as a single-family or multi-generational home if desired.Each unit offers a functional layout with generous room sizes and abundant natural light throughout. Additional highlights include updated baths, in-unit laundry, and a comfortable, easy flow ideal for everyday living.Situated on a 0.24-acre lot, the property includes off-street parking, a garage space, two sheds for additional storage, and outdoor space perfect for relaxing or entertaining. Ideally located near Gloucester’s beaches, downtown, restaurants, and commuter routes.

Listing Agent

Lia Giacalone

Engel & Volkers By the Sea Listed on: 04/22/2026

Engel & Volkers By the Sea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,947

Year Built

  • Built in 1980

Lot Details

  • 10,374 Sq Ft Lot
  • Sprinkler System
  • Cleared Lot

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:0107A B:0029 L:0000,1899041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,947

Year Built

Built in 1980

Lot Details

10,374 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1980
  • Levels: 2
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Oven, Range, Refrigerator, Washer/Dryer, Dishwasher
  • Total Bedrooms: 5
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer & Dryer Hookup
  • Above Grade Finished Sq Ft: 3120
  • Living Area: 3120
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN4733

Exterior Features

  • Exterior Features: Sprinkler System
  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking Spaces: 4
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0107A B:0029 L:0000,1899041
  • Zoning: R-10
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10374
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6947

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

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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Sold Price
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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 $6,947 $714,700 $185,500 $529,200
2024 $6,821 $701,000 $176,700 $524,300
2023 $7,040 $664,800 $157,700 $507,100
2022 $6,610 $563,500 $137,200 $426,300
2021 $6,398 $514,300 $124,700 $389,600
2020 $6,124 $496,700 $124,700 $372,000
2019 $5,705 $449,600 $124,700 $324,900
2018 $5,332 $412,400 $124,700 $287,700
2017 $5,101 $386,700 $118,800 $267,900
2016 $4,965 $364,800 $123,900 $240,900
2015 $4,880 $357,500 $123,900 $233,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $1,299,000 -- $416 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $19,000 --
Source: Public Records

Mortgage History

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

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73505438

MLS Property Information Network (MLS PIN)

APN: GLOU-000107A-000029

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