Sold: Jan 23, 2026

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Sold: Jan 23, 2026

$685,000

3 Beds 3 Baths 2,282 SQFT 0.04 Acres

Type: Multi-Family

196 Washington St
Gloucester, MA 01930

MLS#: 73459854

Debra Lovelace

Churchill Properties

Realtor Consultant

Phone: 978.879.7356

Office: 833.668.4649

Visit Website

Presented by: Debra L. Lovelace with Churchill Properties.

Property Description

Discover an excellent investment opportunity with this solid three-family property, featuring three spacious one-bedroom apartments. Each unit offers generously sized rooms and convenient in-unit washer/dryer hookups—highly desirable for today’s renters. The building is centrally located near downtown Gloucester, just a short walk to the MBTA, restaurants, shops, and everyday amenities. Off-street parking adds to the appeal, and all units are currently occupied, providing immediate income with potential for increased future returns. This is a rare chance to own a well-maintained, fully tenanted property in a prime location. First showings at the open house on December 7, 2025 11:30am to 12:30pm

General

Building Area Units0 sqft

Certified TreatedCertified Treated, Unknown

CityGloucester

Close Price$685,000

Community FeaturesPublic Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, Sidewalks

Construction MaterialsFrame

ContingencyPending P&S

CountyEssex

Current FinancingConv. Fixed

DirectionsUse GPS

DisclosuresUnit# 3 was tested for lead paint and lead paint was present and mitigated.

ElectricCircuit Breakers

Full Baths3

Garage Spaces0

Garage Y/NNo

Gross Income43800

Home Warranty Y/NNo

Levels3

Lot Size Square Feet1,770 sqft

Lot Size UnitsAcres

Net Operating Income43800

Number Of Units Total3

Parcel Number0

Patio/Porch FeaturesDeck - Wood

Property Subtype3 Family

Property TypeResidential Income

RoofShingle

Senior Community Y/NNo

SewerPublic Sewer

Showing InstructionsCall List Agent, Accompanied Showings, Appointment Required, Other (See Special Showing Instructions), 24 Hours Notice

Standard StatusClosed

StatusSold

Stories Count3

Tax Annual Amount$5,365

Tax Assessed Value$552,000

Tax Year2025

Total Actual Rent3650

Total Rooms9

Utilitiesfor Electric Range

Waterfront Features1 to 2 Mile To Beach

Year Built1900

Year Built DetailsApproximate

Year Built SourcePublic Records

ZoningNB

Interior

Above Grade Finished Area2,282 sqft

BasementFull

Fireplace Y/NNo

FlooringWood, Carpet

Half Baths0

Interior AmenitiesKitchen, Living RM/Dining RM Combo

LivingAreaSource0 sqft

Total Baths3

Total Bedrooms3

Total Fireplaces0

Total Stories3

Exterior

Building Area Total2,282 sqft

Covered Spaces0

Foundation DetailsConcrete Perimeter

Lot FeaturesAdditional Land Avail.

Lot Size Acres0.04

Lot Size Area0 sqft

Parking FeaturesOff Street

Road Frontage TypePublic

Road ResponsibilityPrivate Maintained Road

SpaNo

Total Parking7

Water SourcePublic

Waterfront Y/NNo

Similar Properties

$685,000

3 Beds 3 Baths 2,282 SQFT 0.04 Acres

Type: Multi-Family

196 Washington St
Gloucester, MA 01930

MLS#: 73459854

Debra Lovelace

Churchill Properties

Realtor Consultant

Phone: 978.879.7356

Office: 833.668.4649

Visit Website

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Property

$685,000

196 Washington StGloucester, MA 01930

Property Description

General

Interior

Exterior

Similar Properties

$685,000

196 Washington StGloucester, MA 01930

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196 Washington St
Gloucester, MA 01930

196 Washington St
Gloucester, MA 01930