19 Sadler St, Gloucester MA 01930

Gloucester, MA 01930
$563,000
4
Beds
2
Baths
972
Sq Ft
$579
Price/Sq Ft
0.06
Acres
1900
Year Built
2
Parking
-1
Days on Market
Sold Listed Aug 10, 2023 • MLS# 73147285 Copied! • Updated Sep 29, 2023

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Sale Statistics

Sale Overview
Original List Price: $550,000
Final Sale Price: $563,000
Difference: +$13,000 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
-1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $566
Sale $/sq ft: $579
This property sold for $579 per square foot
Sale Summary

This property sold for 2.4% above the original asking price, indicating strong buyer demand.

With only -1 days on market, this was a quick sale compared to typical market conditions.

About this home

**INVESTMENT OPPORTUNITY** This 2-unit multi-family property in downtown Gloucester offers an incredible opportunity for a beginning investor to enter the real estate market. Its prime location, versatile unit configurations, and potential for steady rental income make it an appealing prospect for those looking to build their investment portfolio in one of the most desirable markets in the Northeast. Don't miss out on the chance to own a slice of Gloucester's vibrant lifestyle and capitalize on the growing demand for rental properties in this sought-after locale. Seize the moment and make this property your next successful investment venture. Come experience the charm and potential firsthand. Property consists of a 1bed/1bath unit and a 3bed/1 unit. Off-street parking for 2-3 cars; and a backyard for fire-pits, BBQs and entertaining. Property is just a few hundred yards from the new elementary school. Low operating expenses.Tenants pay gas and electric.

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Recently Sold Nearby

Property History

Market Insights

11.3%
Price Range
1
Total Days on Market

Property Timeline

Current Active Listing - MLS #73575107
Full transaction history available when tracking began
🏡
Currently Listed
Sep 10, 2026
$620,000
MLS #73575107 - Active
Sold
Sep 29, 2023
$563,000
Property sold
Days on Market: 1
🏠
Listed for Sale
Aug 11, 2023
$550,000
Original listing
Agent: Stephen Martin Office: Lux Realty North Shore

Tax History

Year Taxes Assessment
2023 $3,953 $373,300

Financial Details

Annual Property Tax
$3,953
Tax Year 2023
Assessed Value
$373,300

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 972 sq ft
Lot Size 0.06 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $1,000/mo · N
Unit 2 Rent $2,500/mo · Y
Total Monthly Rent $3,500/mo
Gross Income $42,000
Net Operating Income $39,100
Operating Expenses $2,900
Water/Sewer Expense $900
Insurance Expense $2,000
Cap Rate 7.11%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,953
Assessed Value $373,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Light Blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
972 sq ft
Total Rooms
8
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Block, Stone
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.6 mi
Grades PK-08
C
East Veterans Elementary School
0.1 mi | #650 of 825 | Score: 38.3
Dropped 57 spots from last year
-20 below state avg
446 students Diverse
Grades K-05
Gloucester PreSchool
0.5 mi
90 students Moderate
Grades PK
C-
Beeman Memorial School
1.5 mi | #702 of 825 | Score: 35.6
Dropped 173 spots from last year
-22.6 below state avg
296 students Moderate
Grades K-05
C-
West Parish School
3.0 mi | #681 of 825 | Score: 36.8
Dropped 243 spots from last year
-21.4 below state avg
359 students Less Diverse
Grades K-05
B+
Plum Cove School
3.7 mi | #316 of 825 | Score: 50.2
Improved 74 spots from last year
-8 below state avg
226 students Moderate
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
1.2 mi | #233 of 352 | Score: 37.6
Improved 29 spots from last year
-20.6 below state avg
594 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
1.3 mi | #219 of 346 | Score: 50.4
Improved 20 spots from last year
-7.8 below state avg
769 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Location

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Neighborhood

19 Sadler St, Gloucester MA 01930

Gloucester, MA 01930

Listing Information

Listing Agent Stephen Martin
Agent MLS ID BB809399
Office MLS ID AN1532
Listing Data Updated Sep 29, 2023 12:36 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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