$599,900

Estimated payment $3,561/month

Total Views 1,850
5 Beds
2 Baths
1,920 Sq Ft
$312 Price per Sq Ft

Highlights

  • Beach Front
  • 5-minute walk to Gloucester
  • Park
  • Property is near public transit and schools
  • Tennis Courts
  • 5-minute walk to Oval Playground

About This Home

Beautiful turnkey two-family home in Gloucester! The first unit features three spacious bedrooms and one full bath, while the second unit offers two bedrooms and one bath. Conveniently located near downtown Gloucester, local shops, restaurants, and the scenic waterfront. Enjoy easy access to Route 128 and the MBTA for commuting. A fantastic opportunity for investors seeking steady rental income or for owner-occupants looking to offset expenses by renting out the second unit. SHOWINGS START AT OPEN HOUSE SAT 5/2 11-1 & SUN 5/3 11-1.

Listing Agent

Salvatore Dimercurio

Keller Williams Realty Evolution Listed on: 04/29/2026

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 1992

Lot Details

  • 3,500 Sq Ft Lot
  • Beach Front

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

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

Location

  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:0017 B:0109 L:0000,1894421

Community Details

Recreation

  • Tennis Courts
  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,556

Year Built

Built in 1992

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1992
  • Levels: 1
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished
  • Above Grade Finished Sq Ft: 960
  • Below Grade Sq Ft: 960
  • Living Area: 1920
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95098

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0017 B:0109 L:0000,1894421
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3500
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4556

Multi Family

  • Net Operating Income: 24900
  • Number Of Units Total: 2
  • Total Actual Rent: 2075
  • Basement Included Sq Ft: Yes
  • LEASE 2: Y
  • 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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Average Value
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Sold Price
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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 $4,556 $468,700 $127,000 $341,700
2024 $4,470 $459,400 $120,900 $338,500
2023 $4,611 $435,400 $108,000 $327,400
2022 $4,327 $368,900 $93,900 $275,000
2021 $4,222 $339,400 $85,400 $254,000
2020 $3,724 $302,000 $85,400 $216,600
2019 $3,483 $274,500 $85,400 $189,100
2018 $3,269 $252,800 $85,400 $167,400
2017 $3,069 $232,700 $76,900 $155,800
2016 $3,069 $225,500 $76,900 $148,600
2015 $3,015 $220,900 $76,900 $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2026 04/29/26 For Sale $599,900 +50.0% $312 / Sq Ft
12/09/2019 12/09/19 Sold $400,000 +11.1% $192 / Sq Ft View Prior Sale
11/03/2019 11/03/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $360,000 -- $173 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $400,000 None Available
Deed $131,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,650 FHA
Previous Owner $278,500 No Value Available
Previous Owner $252,000 No Value Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73509119

MLS Property Information Network (MLS PIN)

APN: GLOU-000017-000109

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