35-37 Sargent St, Gloucester, MA 01930
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
35-37 Sargent St,Gloucester, MA 01930
$995,000
- 16 Beds
- 10 Baths
- 5,919 sq. ft.
- Multi-family
- Active
Listed by: mark ventimiglia
Office: vadala real estate
MLS#:73595656
Source:MLSPIN
Price summary
- Price:$995,000
- Price per sq. ft.:$168.1
About this home
Great investment opportunity in downtown Gloucester. This existing two-family property is currently occupied by two long-term tenants, providing immediate rental income while you move forward with an approved expansion project. All city approvals are in place for approximately 4,200 square feet of additional building area, comprising four townhouse-style units, each with three bedrooms and 1.5 baths. As an added benefit, the seller has already obtained a quote from a modular construction company for the four proposed units. The level and mostly cleared lot is ready for the next stage of development. Continue collecting rent from the existing units while completing the construction process. Centrally located near downtown amenities and the MBTA Commuter Rail, this property offers a compelling combination of current income and future growth potential.
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Home facts
- Year built:1900
- Listing ID #:73595656
- Updated:November 03, 2026 at 12:36 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:10
- Full bathrooms:6
- Half bathrooms:4
- Rooms Total:29
- Living area:5,919 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:5,919 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Corner Lot, Level
- Foundation Description:Concrete Perimeter, Granite
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$168.1
- Tax amount:$4,110 (2026)
Parking
- Total parking spaces:6
- Parking description:Off Street
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