Sold: Jan 23, 2026
Address
196 Washington St, Gloucester, MA
Price
$ 685,000
Property Attributes
- MLS#73459854
- TypeMulti-Family
- Listing Status Sold
- CountyESSEX
- CityGloucester
- Zip01930
- Style3 Family
- Year Built1900
- Taxes$ 5365
- Price$ 685,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2282
- Lot Size0.04 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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
| Price History |
|---|
General Features
| Building Area Units | Square Feet |
|---|---|
| Year Built | 1900 |
| Net Operating Income | 43800 |
| Patio/Porch Features | Deck - Wood |
| Levels | 3 |
| Lot Size Square Feet | 1770 |
| Lot Size Units | Acres |
| Parcel Number | M:0036 B:0044 L:0000,1895569 |
| Garage Y/N | No |
| Total Actual Rent | 3650 |
| Contingency | Pending P&S |
| County | Essex |
| Close Price | 685000 |
| Tax Year | 2025 |
| Gross Income | 43800 |
| Community Features | Public Transportation,Shopping,Park,Medical Facility,Highway Access,T-Station,Sidewalks |
| Showing Instructions | Call List Agent,Accompanied Showings,Appointment Required,Other (See Special Showing Instructions),24 Hours Notice |
| Property Type | Residential Income |
| Senior Community Y/N | No |
| Home Warranty Y/N | No |
| Stories Count | 3 |
| Utilities | for Electric Range |
| Sewer | Public Sewer |
| Total Rooms | 9 |
| Certified Treated | Certified Treated,Unknown |
| Standard Status | Closed |
| Disclosures | Unit# 3 was tested for lead paint and lead paint was present and mitigated. |
| City | Gloucester |
| Current Financing | Conv. Fixed |
| Status | Sold |
| Roof | Shingle |
| Tax Assessed Value | 552000 |
| Tax Annual Amount | 5365 |
| Zoning | NB |
| Full Baths | 3 |
| Year Built Details | Approximate |
| Construction Materials | Frame |
| Electric | Circuit Breakers |
| Property Subtype | 3 Family |
| Year Built Source | Public Records |
| Directions | Use GPS |
| Waterfront Features | 1 to 2 Mile To Beach |
| Number Of Units Total | 3 |
Interior Features
| Above Grade Finished Area | 2282 |
|---|---|
| Fireplace Y/N | No |
| Total Bedrooms | 3 |
| Total Baths | 3 |
| Basement | Full |
| Interior Amenities | Kitchen,Living RM/Dining RM Combo |
| LivingAreaSource | Public Record |
| Flooring | Wood,Carpet |
| Total Stories | 3 |
Exterior Features
| Road Frontage Type | Public |
|---|---|
| Road Responsibility | Private Maintained Road |
| Lot Features | Additional Land Avail. |
| Lot Size Area | 0.04 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 2282 |
| Lot Size Acres | 0.04 |
| Parking Features | Off Street |
| Spa | No |
| Total Parking | 7 |
| Waterfront Y/N | No |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01930
Price
Taxes
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on
this Site comes in part from the IDX Program of PrimeMLS. The information
being provided is for consumers' personal, non-commercial use and may
not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing. Data last updated September 23, 2026 10:03 AM UTC
