50 Warner St Gloucester, MA 01930
Central Gloucester NeighborhoodEstimated payment $4,660/month
Highlights
- Property is near public transit and schools
- Wood Flooring
- Home Office
- Cathedral Ceiling
- Sun or Florida Room
- 3-minute walk to Burnham's Field
About This Home
This three-unit property is located approximately half a mile from the MBTA train station and offers convenient nearby access to shopping and amenities at Gloucester Crossing, including a grocery store. Two of the three units are subject to HUD 80% rent and income restrictions. The 2026 HUD rent limits (must include utilities) and 2025 income limits are available from the listing agent. The full basement features exterior access and includes a heated room previously used by the owner as an office. The driveway provides tandem parking for two vehicles. The bright and sunny third-floor two-bedroom unit is currently vacant. The property includes Power Purchase solar panels. The panels are neither leased nor owned by the property owner; instead, the owner purchases the electricity generated by the system for use in the building. Common laundry area in basement for use by all tenants. The two occupied units have TAW Agreements
Open House Schedule
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Sunday, March 15, 202612:00 to 1:30 pm3/15/2026 12:00:00 PM +00:003/15/2026 1:30:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,095
Year Built
- Built in 1900
Lot Details
- 3,200 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,598 Sq Ft Home
- Property has 1 Level
- Cathedral Ceiling
- Insulated Windows
- Living Room
- Home Office
- Sun or Florida Room
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Schools
- East Veterans Elementary School
- O'maley Middle School
- GHS High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Separate Meters
- 220 Volts
Additional Features
- Rain Gutters
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(heat electric water), unit 2(heat water), unit 3(heat water)
- Tax Lot 57
- Assessor Parcel Number 1895228
Community Details
Overview
- 3 Units
Building Details
- Electric Expense $3,000
- Insurance Expense $3,605
- Water Sewer Expense $3,548
- Operating Expense $3,605
- Net Operating Income $21,600
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 | $5,918 | $608,800 | $124,800 | $484,000 |
| 2024 | $5,512 | $566,500 | $118,800 | $447,700 |
| 2023 | $5,736 | $541,600 | $106,100 | $435,500 |
| 2022 | $5,172 | $440,900 | $92,300 | $348,600 |
| 2021 | $5,003 | $402,200 | $83,900 | $318,300 |
| 2020 | $4,735 | $384,000 | $83,900 | $300,100 |
| 2019 | $4,386 | $345,600 | $83,900 | $261,700 |
| 2018 | $4,207 | $325,400 | $83,900 | $241,500 |
| 2017 | $3,995 | $302,900 | $75,500 | $227,400 |
| 2016 | $3,682 | $270,500 | $75,500 | $195,000 |
| 2015 | $3,610 | $264,500 | $75,500 | $189,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2026 03/11/26 | For Sale | $798,000 | -- | $307 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $278,000 | -- | |
| Deed | $278,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $110,000 | -- | |
| Deed | $57,000 | -- | |
| Deed | $57,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $272,964 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73485467
APN: GLOU-000029-000057
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Ask me questions while you tour the home.