5 Marshfield St Gloucester, MA 01930
West Gloucester NeighborhoodEstimated payment $6,318/month
Highlights
- Very Popular Property
- Marina
- Golf Course Community
- Beach Front
- Ocean View
- Medical Services
About This Home
Rare chance to restore this Victorian 3-family with sweeping harbor and city views. The spacious 4-bedroom owner’s unit features curved walls, large rooms, and offers the best views of the harbor—some updates made, but significant work remains. Two additional 1-bed units offer strong rental potential. Apartment 2 is a one bedroom, compact and efficient, Apartment 1 features classic wood floors, trim, and a fireplace. Some baths are updated. Hardwired smoke/carbon detectors in place. A large wraparound deck overlooks Gloucester Harbor. Close to Stacey Boulevard, beaches, and shops. With its prime location and flexible layout, this property offers endless possibilities— owner occupied with rental income, condo conversion, Airbnb, or long-term rentals—this property is for those with vision and resources to bring the property back to its potential.
Open House Schedule
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Saturday, January 10, 202612:00 to 2:00 pm1/10/2026 12:00:00 PM +00:001/10/2026 2:00:00 PM +00:00Add to Calendar
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Sunday, January 11, 202612:00 to 2:00 pm1/11/2026 12:00:00 PM +00:001/11/2026 2:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,294
Year Built
- Built in 1900
Lot Details
- 0.34 Acre Lot
- Beach Front
- Gentle Sloping Lot
- Cleared Lot
Property Views
- Ocean
- Harbor
- City
- Canal
Home Design
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,219 Sq Ft Home
- Wood Burning Fireplace
- Combination Dining and Living Room
- Washer and Dryer
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Granite
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Basement
- Partial Basement
- Interior Basement Entry
Parking
- 5 Car Parking Spaces
- Tandem Parking
- Driveway
- 5 Open Parking Spaces
- Off-Street Parking
Schools
- Gloucester Elementary And Middle School
- Gloucester High School
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 110 Volts
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(heat electric water hot water), unit 2(water)
- Assessor Parcel Number M:0216 B:0039 L:0000,1903987
Community Details
Overview
- 3 Units
- Near Conservation Area
- Property has 2 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
Building Details
- Net Operating Income $47,400
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,294 | $956,200 | $200,600 | $755,600 |
| 2024 | $8,662 | $890,200 | $191,000 | $699,200 |
| 2023 | $9,012 | $851,000 | $170,600 | $680,400 |
| 2022 | $8,142 | $694,100 | $148,400 | $545,700 |
| 2021 | $7,882 | $633,600 | $134,900 | $498,700 |
| 2020 | $7,463 | $605,300 | $134,900 | $470,400 |
| 2019 | $6,839 | $538,900 | $134,900 | $404,000 |
| 2018 | $6,570 | $508,100 | $134,900 | $373,200 |
| 2017 | $6,333 | $480,100 | $128,400 | $351,700 |
| 2016 | $5,938 | $436,300 | $133,900 | $302,400 |
| 2015 | $5,830 | $427,100 | $133,900 | $293,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $1,059,999 | -- | $329 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73466275
APN: GLOU-000216-000039
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