Rare opportunity to own a waterfront mixed use multifamily right on beautiful Stacy Boulevard! A special place to enjoy the historic harbor of Gloucester. Well maintained and updated property with endless potential suitable for an owner occupied who wants to live in the residential unit and get income from the commercial space or a savvy investor/developer who would like to convert this multifamily into two condos. Condo docs are almost done. Amazing water views from almost every room! The residential unit has breathtaking views with 2,070 sq. ft., 2 bedrooms, 2 Large Bathrooms, nice size living room, dining room, laundry area, closets space and a private parking space for one car. This unit also has potential to build a garage and put a deck on top for outdoor space. The commercial space with 1,715 sq. ft. has a large conference area with amazing ocean views, 5 individual offices spaces, kitchen, handicap bathroom and a large finished basement used as an office and storage.
Sold for $1,200,000 on 05/17/24
$1,200,000
101 Western Ave, Gloucester, MA 01930
3beds
3,785sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$1,265,900 Zestimate®
$317/sqft
$2,862 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 17, 2024 at 08:47am
Listed by:
Gabriela Debenedictis,
Coldwell Banker Realty - Manchester
Bought with:
Gabriela Debenedictis
Coldwell Banker Realty - Manchester
Source: MLS PIN,MLS#: 73212479
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas, Baseboard
Cooling
- Ductless, Other
Features
- Cathedral/Vaulted Ceilings, Storage, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Kitchen
- Flooring: Carpet, Stone/Ceramic Tile
- Doors: Insulated Doors
- Windows: Skylight(s), Insulated Windows, Storm Window(s)
- Basement: Full,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 3,785
- Total interior livable area: 3,785 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street
Features
- Has view: Yes
- View description: City
- Waterfront features: Waterfront, Beach Front, Ocean, Bay, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 1,724 sqft
- Features: Corner Lot
Details
- Parcel number: M:0003 B:0071 L:0000,1893513
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
Location
- Region: Gloucester
HOA & financial
Other financial information
- Total actual rent: 6700
Other
Other facts
- Listing terms: Other (See Remarks)
Services availability

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$1,265,900
2% more+ $25,318
With Zillow Showcase(estimated)
$1,291,218