185 Washington Street, Gloucester MA 01930

Gloucester, MA 01930
$519,900
Est. $2,767/month
1
Beds
2
Baths
1,152
Sq Ft
$451
Price/Sq Ft
0.03
Acres
1930
Year Built
Multi Family
Type
Active Under Contract Price Drop -$10,000 Listed Sep 26, 2025 • MLS# 73404309

About this home

MIXED USE BUILDING located in a high-traffic, high visibility location and containing a commercial unit on the 1st floor and a one-bedroom residential rental unit located on the 2nd floor above the retail space. The apartment is currently rented to a tenant-at-will at below market rent and will be delivered vacant at closing. Excellent income potential! Commercial unit is in turnkey condition! Great opportunity for a live/work situation! Additionally, there is potential to convert the property into 2 residential units. Conveniently located near highway and commuter rail, and close to Gloucester's historic downtown!

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1930
Bedrooms
1
Full Bathrooms
2
Living Area
1,152 sq ft
Total Rooms
5
Stories
2
Levels
2

Interior Features

Flooring
Wood, Tile, Varies, Hardwood
Heating
Heat Pump, Electric, Individual, Unit Control, Ductless, Natural Gas, Wall Unit
Has Heating
Yes
Cooling
Heat Pump, Individual, Unit Control, Ductless, None
Has Cooling
No
Has Fireplace
No
Appliances
Other, Range, Refrigerator
Interior Features
Remodeled, Internet Available - Broadband, Other, Storage, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Window Features
Insulated Windows, Screens
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Asphalt/Composition Shingles
Foundation
Slab
Foundation Area
576 sq ft
Exterior Features
Rain Gutters, Varies per Unit
Patio/Porch Features
Deck - Wood
Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.03 acres
Lot Size
1,275 sq ft
Lot Size Area
0.0300
Lot Features
Corner Lot, Easements, Level
Frontage Length
29 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Parking Features
Shared Driveway

Utilities & Systems

Utilities Available
for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, 220 Volts, Circuit Breakers, Individually Metered, Varies per Unit
Energy Efficient Features
Thermostat, Varies per Unit

Community & HOA

Community Features
Public Transportation, Highway Access, House of Worship, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,417
Tax Year
2024
Tax Assessed Value
$351,200
Tax Lot
21
Tax Map Number
38
Parcel Number
M:0038 B:0021 L:0000,1895665
Zoning
NB
Financial Data Source
Tax Return, Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Disclosures
This property is also offered as a package with the business, its equipment and inventory. Business is a well-established and profitable ice cream shop. Please refer to MLS #73404156 for the entire property. Easement for driveway to adjacent property. See attached plan.

Location

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Neighborhood

185 Washington Street, 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 $285
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jul 15, 2025
$519,900
Original listing
Agent: Mark T. Vadala Office: Vadala Real Estate
🏠
Listed for Sale
Jul 15, 2025
$519,900
Original listing
Agent: Mark T. Vadala Office: Vadala Real Estate

Price & Status History

Date Event Price Change
Jul 15, 2025 New Listing Added $519,900
Jul 15, 2025 New Listing Added $519,900

Market Statistics

Time on Market
Price per Sq Ft
$451
Total Price Drop
-$10,000

Tax History

Year Taxes Assessment
2024 $3,417 $351,200

Financial Details

Annual Property Tax
$3,417
Tax Year 2024
Assessed Value
$351,200

Listing Information

Listing Agent Mark T. Vadala
Listing Office Vadala Real Estate
Agent MLS ID C8000047
Office MLS ID C95600

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