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Sold for $1,465,000 on 02/02/24
  • $1,465,000

    40-42 Middle St, Gloucester, MA 01930

    10beds
    6,731sqft
    5-9 Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $218/sqft
    $-- Estimated rent

    What's special

    Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.

    Zillow last checked: 7 hours ago

    Listing updated: February 02, 2024 at 12:29pm

    Listed by:

    Salvatore DiMercurio,

    Keller Williams Realty Evolution,

    Salvatore DiMercurio

    Bought with:

    Shoshanah Collins

    Boston Metropolitan Realty

    Source: MLS PIN,MLS#: 73177133

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 6,731
    • Total interior livable area: 6,731 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Waterfront features: Beach Front, Ocean, 1/10 to 3/10 To Beach
    Lot
    • Size: 7,557 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:0015 B:0104 L:0000
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Foundation: Stone
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Marina, Public School, T-Station
    Location
    • Region: Gloucester

    HOA & financial

    Other financial information
    • Total actual rent: 8933
    Services availability
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