If you’ve been looking for something you would be proud to own, this is it. Stately and majestic the building now has 3 separate office spaces on the first level and two 2-bedroom spacious apartments on the upper levels. High visibility location. Live in bustling downtown Gloucester near shopping, entertainment and many dining choices. Hop on the train nearby, if you are going to a show in Boston and return to your home knowing it’s so close. Easily work from home with separate entrances for the office. Grand staircase leads to the upper floors you can use as home, or use one or both for additional income. The bonus is the ample parking area and the two-car garage.
This multi-family property in East Gloucester is a hidden oasis offering charm and one-level living. Originally a single-family home, it has been thoughtfully converted to accommodate multiple living spaces. The first floor provides serene views over three-quarters of an acre of beautifully landscaped land, mature perennials, and a private patio, with decorative lighting under a custom-made arbor perfect for enjoying the peaceful surroundings. Inside, an updated kitchen and dining room flow into a cozy living room, and this space has the potential to add a second bedroom. The first level also includes one bedroom, bathroom, and den off the kitchen. The second floor features a kitchen, bedroom, and living room/ dining combination leading to a deck with a second entrance. This home could easily revert to a single-family setup, or you can continue to benefit from rental income, as the current owners have.
Attention Contractors, Developers and savvy Investors! This is a great opportunity to obtain this 3 multifamily mixed used project in the heart of beautiful Magnolia near the beach, ready to go this season! This property has an existing first floor commercial unit already built and just needs finished details inside. With an incredible 13 nicely paved parking spots and beautiful fenced lot and landscaping. Large basement provides plenty of space to create storage for each unit and laundry facilities. Newer septic system support the project so your utilities are ready! The ZBA approval in hand and ready to build 2 residential units on top of the existing commercial unit. Come and start building!
Open House:
Sunday, 11/10 1:00-2:30PM
A RARE Find in Central Gloucester that you have to see! This fabulous 4 Family home has been lovingly maintained throughout the years and has been owner occupied for 80+ years. The home consists of two large townhouse style units that have three bedrooms and a bonus room, an adorable studio unit and an amazing first floor owners unit. The owners unit has two bedrooms, a heated enclosed sunporch, 1.5 bathrooms, a mini-bar, radiant heat, mini split for A/C, a gorgeous kitchen with recessed lighting, cherry cabinets and island, high ceilings, central vacuum, interior access to basement storage and off street parking for 2 cars. All separate utilities, laundry in each unit and roof is roughly a year old. Spacious units could offer a great condo conversion option for investors; you decide.
Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.
ROCKY NECK WATERFRONT FOUR FAMILY W/ COMMERCIAL DEEP WATER CHAP 91 DOCK- The dock can accommodate large fishing boats or multiple pleasure craft.Water rights extends out to the Harbor Commissioner's Line in the harbor. There are 4 residential units, one original to the property and 3 newer units built in 2004. The 2004 building has (2) one bedroom units, and (1) two bedroom unit, all with private decks and sweeping harbor views. The original unit is located on the dock with wrap around views of Gloucesters inner harbor. A parade of boats will keep you entertained along with summertime fireworks and festivities. Rocky Neck is the oldest art colony in the country with art studios & galleries, restaurants & bars, and a multitude of water activities. It's a short distance to downtown, Niles Beach & Eastern Point Yacht Club. Bring your boat, big or small! There is POTENTIAL FOR DOCK EXPANSION. ASK FOR REPORT.. All units have separate utilities except for water/sewer.
The median home value in Gloucester, MA is $788,125. This is higher than the county median home value of $572,900. The national median home value is $338,100. The average price of homes sold in Gloucester, MA is $788,125. Approximately 55.89% of Gloucester homes are owned, compared to 33.2% rented, while 10.92% are vacant. Gloucester real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gloucester real estate agent to arrange a tour today!
Gloucester, Massachusetts has a population of 29,814. Gloucester is less family-centric than the surrounding county with 25.04% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Gloucester, Massachusetts is $82,984. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Gloucester is 50.2 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 49 inches per year, with 43.6 inches of snow per year.