40-42 Middle StreetGloucester, MA 01930MLS Number 73177133

  • Price: $1,599,900
  • Est. Mortgage of $/month
  • 37 Days on Market
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Federal 30-year interest rate: 7.03% last updated on Dec 7, 2023
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40-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 0193040-42 Middle Street Gloucester MA 01930
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  • 10Bedrooms
  • 0.17Acreage
  • 6Bathrooms
  • 1900Year Built
Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.
Listed by Salvatore DiMercurio of Keller Williams Realty Evolution

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Colonial Manor Realty

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Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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Basic Information

  • Gross Income $107,196
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number M:0015 B:0104 L:0000

Location

  • Address40-42 Middle Street
  • Building Number40-42
  • CountyEssex
  • StateMA
  • StreetMiddle Street
  • TownGloucester
  • Zip01930

Property Information

  • Building Area Source Public Records
  • Living Area 6,731
  • Lot Size Square Feet 7,557
  • Lot Size Units Acres
  • Square Feet6,731

Tax Information

  • Tax Assessed Value $1,016,100
  • Tax Year 2023
  • Taxes$10,760

Basic Information

  • List Price$1,599,900
  • MLS Number73177133
  • Modification Date12/09/2023
  • Property SubType5-9 Family

Property

  • Acreage0.17

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • Marina
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBeachfront

Other

  • Buyer Agency Compensation2
  • Date Listed11/03/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count2

Parking

  • Parking Spaces2

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 6
  • Bedrooms10
  • Full Bath6

Building

  • Building Area Units Square Feet
  • FoundationStone
  • Rooms23
  • Stories10
  • Units6
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Water Body

  • Miles to Beach0.3
  • Waterfront Features Beach Front, Ocean,1/10 to 3/10 To Beach

Legal

  • ZoningR-5
Listed by Salvatore DiMercurio of Keller Williams Realty Evolution

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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