5 Fair Street, Gloucester MA 01930

Gloucester, MA 01930
$555,000
Est. $2,954/month
4
Beds
2
Baths
1,538
Sq Ft
$361
Price/Sq Ft
0.05
Acres
1900
Year Built
Multi Family
Type
6
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73238591

About this home

A Two-Family home on the cusp of East and Central Gloucester is new to the market! Close to downtown with easy access to Route 128. Each unit has a private entrance with 2 beds and 1 bath, a kitchen, and in-unit laundry. This 2-unit property is a fabulous option for someone looking to live in one and rent the other. Or it’s a fantastic rental investment opportunity. A fabulous location within walking distance to downtown and right around the corner from East Veterans Elementary School. Unit 1 is vacant, Unit 2 tenant would like to stay. Showings start at Open House Friday, May 17, 4:00-6:00

Sale Statistics

Sale Overview
Original List Price: $550,000
Final Sale Price: $555,000
Difference: +$5,000 (+0.9%)
Performance Metrics
100.9%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $358
Sale $/sq ft: $361
This property sold for $361 per square foot
Sale Summary

This property sold for 0.9% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,538 sq ft
Total Rooms
9
Stories
2
Levels
2

Interior Features

Flooring
Carpet, Laminate
Heating
Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Living Room, Kitchen, Office/Den
Basement Details
Full, Interior Entry, Bulkhead

Exterior & Structure

Roof
Shingle
Foundation
Brick/Mortar
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.05 acres
Lot Size
2,252 sq ft
Lot Size Area
0.0500
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Highway Access, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,075
Tax Year
2024
Tax Assessed Value
$418,800
Parcel Number
1896397
Zoning
R-5

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Estate sale, need license to sell.

Location

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Neighborhood

5 Fair Street, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

Elementary School
East Veterans
Rating information coming soon
Middle School
O'maley
Rating information coming soon
High School
Ghs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $340
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.9%
Price Range
7
Total Days on Market

Property Timeline

Sold
Jul 29, 2024
$555,000
Property sold
Days on Market: 7
🏠
Listed for Sale
May 15, 2024
$550,000
Original listing
Agent: Ron Goulart & Jennifer Anderson Office: RE/MAX Beacon

Price & Status History

Date Event Price Change
May 15, 2024 New Listing Added $550,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$361

Tax History

Year Taxes Assessment
2024 $4,075 $418,800

Financial Details

Annual Property Tax
$4,075
Tax Year 2024
Assessed Value
$418,800

Listing Information

Listing Agent Ron Goulart & Jennifer Anderson
Listing Office RE/MAX Beacon
Agent MLS ID TEAM0019
Office MLS ID AN8509

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