5 Wells St, Gloucester MA 01930

Gloucester, MA 01930
$797,000
Est. $4,242/month
6
Beds
3
Baths
2,985
Sq Ft
$267
Price/Sq Ft
0.12
Acres
1900
Year Built
3 Family
Type
14
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73196214

About this home

Cute three family! Welcome home to Gloucester! Located 1 block from Gloucester train station, and .05 miles to the Boulevard. Two separate buildings gives you versatile living space. Great owner occupied. Rooms are spacious and there is basement storage. Rents are below market. All tenants are at will. Unit 1, stand alone single-family brown house, has updated kitchen and cabinets. Unit 2, at street level of white house- updated kitchen, bathroom and spray foam insulation. Attic and basement storage with wraparound porch. Unit 3, has updated kitchen, private patio. Unit 3 Vacant as of March 1. All units have updated electrical and their own Laundry. All separate utilities. Off street parking for 5+ cars. Close proximity to Rt. 128 and public transportation, as well as Gloucester's famous restaurant and music scene. Could this be your someplace special?

Sale Statistics

Sale Overview
Original List Price: $739,000
Final Sale Price: $797,000
Difference: +$58,000 (+7.8%)
Performance Metrics
107.8%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $248
Sale $/sq ft: $267
This property sold for $267 per square foot
Sale Summary

This property sold for 7.8% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,985 sq ft
Total Rooms
18
Stories
5
Levels
5

Interior Features

Heating
Oil, Natural Gas, Electric
Has Heating
Yes
Has Fireplace
No
Interior Features
Living Room, Dining Room, Kitchen, Laundry Room, Office/Den, Sunroom, Living RM/Dining RM Combo

Exterior & Structure

Foundation
Concrete Perimeter, Stone
Has Spa
No
Waterfront Features
1/2 to 1 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,386 sq ft
Lot Size Area
0.1200

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Shared Driveway, Off Street, Tandem

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service, Individually Metered

Community & HOA

Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,680
Tax Year
2024
Tax Assessed Value
$686,500
Parcel Number
M:0017 B:0078 L:0000,1894390
Zoning
R-5

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
See info pack
Exclusions
Tenant's Belongings. 1:w&D 2.W&D, Oil. 3: Wall Heating Unit

Location

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Neighborhood

5 Wells St, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $557
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.3%
Price Range
15
Total Days on Market

Property Timeline

Sold
Mar 1, 2024
$797,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Jan 24, 2024
$739,000
Original listing
Agent: Nathan Seavey Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jan 24, 2024 New Listing Added $739,000

Market Statistics

Days on Market
14 days
Price per Sq Ft
$267

Tax History

Year Taxes Assessment
2024 $6,680 $686,500

Financial Details

Annual Property Tax
$6,680
Tax Year 2024
Assessed Value
$686,500

Listing Information

Listing Agent Nathan Seavey
Listing Office Leading Edge Real Estate
Agent MLS ID CN224236
Office MLS ID AN7144

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