$645,000
SOLD APR 17, 2025
5 Beds
3 Baths
2,208 Sq Ft
2,189 Sq Ft Lot

Recently Sold

$292 Per Sq Ft

6% Below List Price

51 Days on Market

Highlights

  • Central Heating and Cooling System
  • Level Lot
  • 4-minute walk to Gloucester

About This Home

As of April 2025

This fantastic 2-family home offers 5 bedrooms, 3 bathrooms, and office space in both units—ideal for today’s flexible living and work-from-home needs. The office spaces could also be used as additional bedrooms, providing even more versatility for various living arrangements. Both units have central air. Conveniently located near downtown Gloucester, enjoy easy access to shopping, coffee shops, bakeries, the harbor, and a wide variety of restaurants. Commuters will appreciate quick access to the MBTA Commuter Rail and Route 128.Perfect for investors, multi-generational living, or those seeking rental income potential. Don’t miss this incredible opportuniy!

Last Agent to Sell the Property

Michael MacDonald

Advisors Living - Boston Listed on: 01/07/2025

Advisors Living - Boston

Co-Listed By

Guy Contaldi

Advisors Living - Boston

Last Buyer's Agent

Shoshanah Collins

Boston Metropolitan Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,661

Year Built

  • Built in 1900

Lot Details

  • 2,189 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • Property has 1 Level
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • 110 Volts

Community Details

  • 2 Units
  • Net Operating Income $58,800

Listing and Financial Details

  • Total Actual Rent $4,900
  • Assessor Parcel Number M:0016 B:0080 L:0000,4036972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,661

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Levels: 3
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup
  • Above Grade Finished Sq Ft: 2208
  • Living Area: 2208
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1921
  • LIST PRICE PER Sq Ft: 312.05
  • PRICE PER Sq Ft: 292.12
  • MAIN SO: AN0194

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront Features: Beach Front
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas, Tankless

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0016 B:0080 L:0000,4036972
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2189
  • Lot Size Units: Acres
  • PAGE: 32
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4661
  • Tax Book Number: 40255

Multi Family

  • Gross Income: 58800
  • Net Operating Income: 58800
  • Number Of Units Total: 2
  • Total Actual Rent: 4900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2011
Sold by
Ace Securities Corp Ho
Bought by
Friendly Earth Homes L
Total Days on Market
51
Current Estimated Value
$627,818

Purchase Details

Closed on
Jan 7, 2011
Sold by
Gannon Timothy M
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Jul 3, 2000
Sold by
Suddith William B
Bought by
Gannon Timothy M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $98,199 --
Deed $98,199 --
Foreclosure Deed $280,000 --
Foreclosure Deed $280,000 --
Deed $175,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $387,000 Purchase Money Mortgage
Closed $387,000 Purchase Money Mortgage
Closed $433,600 Purchase Money Mortgage
Previous Owner $260,000 No Value Available
Previous Owner $177,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Sold $645,000 -6.4% $292 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
02/12/2025 02/12/25 For Sale $689,000 0.0% $312 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $689,000 0.0% $312 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $689,000 +28.1% $312 / Sq Ft
09/08/2021 09/08/21 Sold $538,000 +14.5% $292 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $470,000 -- $255 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $4,744 $488,100 $119,500 $368,600
2024 $4,661 $479,000 $113,800 $365,200
2023 $4,817 $454,900 $101,600 $353,300
2022 $3,695 $315,000 $88,400 $226,600
2021 $3,575 $287,400 $80,300 $207,100
2020 $3,399 $275,700 $80,300 $195,400
2019 $3,184 $250,900 $80,300 $170,600
2018 $3,076 $237,900 $80,300 $157,600
2017 $2,914 $220,900 $72,400 $148,500
2016 $2,721 $199,900 $72,300 $127,600
2015 $2,675 $196,000 $72,300 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73323763

MLS Property Information Network (MLS PIN)

APN: GLOU-000016-000080