222 Main St

Gloucester, MA 01930
Beds
14
Baths
10
Square Ft.
6,700
$2,590,000
10-unit downtown Gloucester, consisting of 7 residential units & 3 commercial units w/ strong in-place income and long-term upside. The property generates approximately $262,920 in gross annual income w/ operating expenses of ~$71,000, delivering an attractive 7.4% cap rate; increasingly difficult to find in today’s market. Lead compliant certificates forRead MoreRead Less
Courtesy of Aluxety, Stephen Martin.
Listing Snapshot
Days Online
1
Last Updated
Property Type
5+ Family - 5+ Units Up/Down
Beds
14
Full Baths
10
Square Ft.
6,700
Lot Size
0.07 Acres
Year Built
1900
MLS Number
73533333
30 Days Snapshot Of 01930
$925k
-7%
(avg) sold price
19
+58%
homes sold
64
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public"
Basement
Basement: "Partial", "Crawl Space", "Sump Pump"
Building
Building Area Total: 6700, Building Area Units: Square Feet, Construction Materials: "Frame", Living Area: 6700, Stories Total: 5, Year Built Source: Public Records, Year Built: 1900, Number Of Units Total: 10
Community
Community Features: "Public Transportation", "Shopping", "Walk/Jog Trails", "Medical Facility", "Laundromat", "Highway Access", "Public School", "T-Station"
Exterior Features
Patio And Porch Features: "Deck"
Foundation
Foundation Details: "Stone", "Brick/Mortar", "Granite"
Income
Gross Income: 262920
Lot
Lot Features: "Zero Lot Line", Lot Size Acres: 0.07, Lot Size Area: 0.07, Lot Size Square Feet: 2927, Lot Size Units: Acres, Parcel Number: M:0013 B:0017 L:0000,1893957
Parking
Parking Features: "On Street", Parking Total: 0, Open Parking
Property
Property Sub Type: 5+ Family - 5+ Units Up/Down, Waterfront Features: "Harbor", "Ocean", "1/2 to 1 Mile To Beach", "Beach Ownership(Public)", Zoning: CB
Roof
Roof: "Shingle", "Rubber"
Sewer
Sewer: "Public Sewer"
Taxes
Tax Annual Amount: 8328, Tax Year: 2026
Utilities
Water Source: "Public"
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Alexis Surpitski-MacIntyre
Broker-Owner, Realtor®, MA & NH
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The property listing data and information, or the Images, 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, and the Images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.