Welcome Home To This Large Multi-2 Family Property That's Been In Same Family For Many Decades. Perched high above Eastern Ave lies a rare opportunity to own this private and secluded property situated on a lot of over half an acre, located within mins to Gloucester's sandy beaches, shops restaurants and easy hwy access! The 1st LL, is rustic offering 2 beds, 1 bath with in-unit laundry and rental income to off set mortgage costs. The 2nd lvl townhouse style unit offers open floor plan with updated kitchen and bath, 2 generous sized bedrooms with additional bedrooms and office space on 3rd LL. In-unit laundry, high ceilings and deck to enjoy morning sunrises and evening sunsets finish this unit. Newer roof, siding, updated electric panel and 10+ prkg . Oversized garage and workshop area provide space for craftsperson and additional storage. Property’s orientation creates a serene setting with a sprawling tree-lined lot, perfect outdoor space for both entertaining or a peaceful retreat.
Sold for $530,000 on 10/10/23
$530,000
118 Eastern Ave, Gloucester, MA 01930
5beds
2,436sqft
2 Family - 2 Units Up/Down
Built in 1920
-- sqft lot
$1,102,000 Zestimate®
$218/sqft
$3,617 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 13, 2023 at 06:02am
Listed by:
Stacey Simpson,
Century 21 North East
Bought with:
Atlee Alman
Vadala Real Estate
Source: MLS PIN,MLS#: 73151327
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Washer Hookup
Features
- Pantry, Storage, Kitchen
- Flooring: Tile, Vinyl, Carpet
- Windows: Insulated Windows
- Basement: Partial,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,436
- Total interior livable area: 2,436 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved Drive, Off Street, Deeded, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck - Wood, Covered
- Waterfront features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
- Size: 0.60 Acres
- Features: Cleared, Gentle Sloping
Details
- Parcel number: 1906563
- Zoning: R-10
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, Public School, Sidewalks
Location
- Region: Gloucester
HOA & financial
Other financial information
- Total actual rent: 1400
Other
Other facts
- Road surface type: Paved
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,102,000
2% more+ $22,040
With Zillow Showcase(estimated)
$1,124,040