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1060-1062 Washington St, Gloucester MA 01930 – 6 bed 4 bath For Sale – 73350857

$ 799,000
1060-1062 Washington St, Gloucester MA 01930, ,

Overview

  • Updated On:
  • March 31, 2025
  • listingid
  • 73350857
  • 6 Bedrooms
  • 4 Bathrooms
  • 1 Garage Space
  • 2 Non-Garage Parking Spaces
  • 1900

Description

Hard to find fully tenanted 3 family in Lanesville village setting comprised of a large 6 Rm 3-4 BR 2 BA 1st floor apt, a 4 Rm 2 BR 1 BA 2nd floor apt., and a 2 Rm 1 BA 3rd floor studio apt. In addition, there is a detached combination 1 car garage/cottage great for workshop in rear along with 2 car off street paved parking, yard, patio for firepit area, and large 1st floor deck! Low maintenance vinyl siding. Full basement offers ample storage. Former Artist residence and gallery offers good investment or owner occupant opportunity in a desirable location very close to Plum Cove Beach for swimming and incredible sunsets, Folly Cove for scuba diving, and Lane’s Cove for boating and fishing! Units are very functional but could use some updates over time. Zoned VB village business offers many possibilities! Large handicap 1st floor bath and laundry. $5900 monthly gross rental income!

This property is listed by Lane Team from North Shore's Gold Coast Realty

Property Listing Details

Overview

MLS Status
Price $ 799,000
Living Area 2,388.00 ft2
Bedrooms 6
Total Rooms 12
Listing MLS ID 73350857
Days on Market 4
Bathrooms 4

Unit Information

Bedrooms 6
Full Bathrooms 4
Half Bathrooms 0
Cooling None
Heating Baseboard,Oil,Unit Control,Electric
Uncovered Parking 2
Garage Parking 1
Water View No
Unit Level
Common Walls
Laundry Features Washer & Dryer Hookup
Lead Paint Yes
Outdoor Space Available
Living Area Includes Basement Full,Interior Entry,Bulkhead,Concrete
Patio And Porch Features Deck - Wood,Deck - Composite
Parking Features Paved Drive,Off Street,Paved
Waterview Features
Flooring Wood,Tile,Varies,Laminate,Hardwood,Pine,Vinyl / VCT,Stone/Ceramic Tile

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Beach Front,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials Frame
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Interior Entry,Bulkhead,Concrete
Roof Shingle,Rubber

Additional Details

Community Features Public Transportation,Park,Walk/Jog Trails,Medical Facility,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station,Sidewalks
Disclosures
Last Updated 2025-03-31T07:06:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number
Original List Price 799000
Listing Office north shore's gold coast realty
Tax Annual Amount 5864.08
Tax Assessed Value 603300
Tax Book Number 37714
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning VB
Listing Agent lane team

Property Address

Address: 1060-1062 Washington St, Gloucester MA 01930
State/County:
Zip: 01930
Country: US

Amenities and Features

Other Features
Balcony/Deck
Bathroom with Shower Stall
Cathedral/Vaulted Ceilings
Dishwasher
Dryer
Family Room
Has Garage
Has Heating System
Kitchen
Lead Certification Available
Living RM/Dining RM Combo
Living Room
Open Parking
Pantry
Range
Refrigerator
Slider
Washer

Payment Calculator

$ 4,578.06
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,832.33

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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1060-1062 Washington St, Gloucester MA 01930 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

1060-1062 Washington St, Gloucester MA 01930 – 6 bed 4 bath For Sale – 73350857

$ 799,000

Status:

1060-1062 Washington St, Gloucester MA 01930, , , 01930

Country: US

Property Overview

MLS #: 73350857

Type: /

Action:

Year Built: 1900 (Approximate, Source: Public Records, Effective: )

Living Area: 2,388.00 ft2 (Total: 2388 Square Feet, Source: Public Records)

Lot Size: 0.15 ft2 (Area: 0.15 Acres, SqFt: 6530)

Total Rooms: 12

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 6 (Main Level: )

Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )

Basement: Full,Interior Entry,Bulkhead,Concrete

Fireplaces: 0 ()

Flooring: Wood,Tile,Varies,Laminate,Hardwood,Pine,Vinyl / VCT,Stone/Ceramic Tile

Laundry: Washer & Dryer Hookup

Window Features: Skylight(s),Insulated Windows

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Granite (Area: 1551)

Roof: Shingle,Rubber

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating: Baseboard,Oil,Unit Control,Electric

Cooling: None

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range,for Electric Range,for Gas Oven,for Electric Oven,Varies per Unit

Electric: 220 Volts,Circuit Breakers,100 Amp Service,Individually Metered (Expense: 2700)

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 1

Covered Spaces: 1

Parking Total: 2

Parking Features: Paved Drive,Off Street,Paved

Pool:

Spa:

Patio/Porch: Deck - Wood,Deck - Composite

Fencing:

Lot Features: Cleared,Level

View: (, Waterview Y/N: No)

Waterfront: Beach Front,Ocean,Walk to,1/10 to 3/10 To Beach,Beach Ownership(Public)

Road Frontage: Public ()

Road Surface: Paved

Road Responsibility: Public Maintained Road

Other Structures: Shed(s)

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Park,Walk/Jog Trails,Medical Facility,Conservation Area,Highway Access,House of Worship,Marina,Public School,T-Station,Sidewalks

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: O'maley, H: Gloucester

Zoning: VB ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Hard to find fully tenanted 3 family in Lanesville village setting comprised of a large 6 Rm 3-4 BR 2 BA 1st floor apt, a 4 Rm 2 BR 1 BA 2nd floor apt., and a 2 Rm 1 BA 3rd floor studio apt. In addition, there is a detached combination 1 car garage/cottage great for workshop in rear along with 2 car off street paved parking, yard, patio for firepit area, and large 1st floor deck! Low maintenance vinyl siding. Full basement offers ample storage. Former Artist residence and gallery offers good investment or owner occupant opportunity in a desirable location very close to Plum Cove Beach for swimming and incredible sunsets, Folly Cove for scuba diving, and Lane’s Cove for boating and fishing! Units are very functional but could use some updates over time. Zoned VB village business offers many possibilities! Large handicap 1st floor bath and laundry. $5900 monthly gross rental income!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 3

Units Owner Occupied:

Unit 1: Beds: 3, Full Baths: 2, Half Baths: 0, Levels: 1, Rent: 2600, Lease: N

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2000, Lease: N

Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1300, Lease: Y

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 5864.08 (Year: 2025)

Tax Assessed Value: 603300

Tax Block/Lot/Book/Map: / 24 / 37714 / 142

Parcel Number:

Special Licenses:

Current Financing:

Gross Income: 70800 (Scheduled: )

Net Operating Income: 60213

Operating Expense: 4087 (Water/Sewer: 4087, Insurance: 3800)

Financial Data Source: Owner

APOD Available: No

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water,Hot Water),Unit 3(Water,Hot Water)

Total Actual Rent: 5900

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Lane Team (MLS ID: TEAM0293) / Team: TEAM0293,C9367513

Listing Office: North Shore's Gold Coast Realty (MLS ID: C95247)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-03-27

Expiration Date: 1900-01-01

Original List Price: 799000

Price Per SqFt (List): 334.59

Market Time (Property): 4 (Broker: 4, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: Rt 127 Washington St. to Laneville Center ( Next door to Cove Cafe)

Disclosures: , N

Lead Paint: Yes

Title 5:

Exclusions: 1st Floor Washer/Dryer And 2nd Floor Portable Dishwasher Are Property Of Tenants.

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 157)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 1953484

Modification Timestamp: 2025-03-31T07:06:00.000Z

Bridge Modification Timestamp: 2025-03-31T07:08:55.578Z

Original Entry Timestamp: 2025-03-27T11:57:00.000Z

Status Change Timestamp: 2025-03-27T11:57:00.000Z

Off Market Date:

Development Status:

Business Type:

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