Off Market

23 Mt Vernon St, Gloucester, MA

Gloucester · MA 01930

$1,250,000
Price
11
Beds
5
Baths
3416
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 7,064 Sq.Ft Lot
Price per square foot: $366 / Sq.Ft
Parking: 1 Off Street Space

About this home

Rare opportunity to own a five-unit multifamily property in the heart of downtown Gloucester. Ideally located close to shops, restaurants, and the waterfront, this building offers beautiful views of Our Lady of Good Voyage, Gloucester Harbor, and Ten Pound Island. The property consists of five residential units, four of which will be delivered vacant, providing immediate flexibility for an owner-occupant or investor. One unit will remain occupied, lease in place til 3/31/27. The building features classic coastal character and strong long-term rental potential in one of Cape Ann?s most desirable locations. Newer roof and siding, all separate utilities, one off-street parking space, potential for more parking in rear.

Neighborhood & Transit

23 Mt Vernon St, Gloucester · MA 01930

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
195 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$366
Tax Assessment:
$772,600 in 2025
Taxes:
$626 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,416 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3416
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
7,064 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Atlee Alman
Listing office
Vadala Real Estate
MLS PIN #
73499191
Disclosure
One tenant to remain, pays $2,000/mo, lease in place until Spring 2027. Property to be sold in as is condition. Buyers and Buyers agents to perform their own due diligence.