(617) 955-2224
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196 Washington St, Gloucester MA 01930

Gloucester, MA 01930
$649,000
Est. $3,929/month
3
Beds
3
Baths
2,282
Sq Ft
$284
Price/Sq Ft
0.04
Acres
1900
Year Built
3 Family
Type
25
Days on Market
Pending Listed Dec 4, 2025 • MLS# 73459854 Copied!

About this home

Discover an excellent investment opportunity with this solid three-family property, featuring three spacious one-bedroom apartments. Each unit offers generously sized rooms and convenient in-unit washer/dryer hookups—highly desirable for today’s renters. The building is centrally located near downtown Gloucester, just a short walk to the MBTA, restaurants, shops, and everyday amenities. Off-street parking adds to the appeal, and all units are currently occupied, providing immediate income with potential for increased future returns. This is a rare chance to own a well-maintained, fully tenanted property in a prime location. First showings at the open house on December 7, 2025 11:30am to 12:30pm

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
3
Living Area
2,282 sq ft
Total Rooms
9
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,282 sq ft
Lot Size 0.04 acres
Bedrooms 3
Full Baths 3
Total Rooms 9

Interior

Heating None
Cooling None
Flooring Wood, Carpet
Appliances None
Fireplace None
Basement Full
Laundry None
Features Kitchen, Living Rm/dining Rm Combo

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Off Street
Total Spaces 7

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $5,365
Assessed Value $552,000

Interior Features

Flooring: Wood, Carpet
Appliances:
Interior Features: Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Additional Land Avail.
Road Surface:

Parking & Garage

Total Parking Spaces: 7
Parking Features: Off Street

Location

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Neighborhood

196 Washington St, Gloucester MA 01930

Gloucester, MA 01930

Walkability

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Nearby Schools

School District
Gloucester School District local
C-
🎓 Where Graduates Go Class of 2021
42% attend college
31% 4-Year 11% 2-Year 17% Out of State 14% Working
✓ School Safety 2024-25
1.9% Average
1.9% Suspensions 0.5% In-School
↓ 3.6% below state avg
E

Elementary Schools

6 schools
Faith Christian School
1.0 mi
Grades PK-08
Gloucester PreSchool
1.1 mi
101 students Moderate
Grades PK
C
East Veterans Elementary School
1.2 mi | #651 of 824 | Score: 38.2
Dropped 58 spots from last year
-20 below state avg
451 students Diverse
Grades K-05
C-
Beeman Memorial School
1.2 mi | #701 of 824 | Score: 35.6
Dropped 172 spots from last year
-22.6 below state avg
292 students Diverse
Grades K-05
C-
West Parish School
2.0 mi | #683 of 824 | Score: 36.5
Dropped 245 spots from last year
-21.7 below state avg
382 students Less Diverse
Grades K-05
B+
Plum Cove School
3.9 mi | #322 of 824 | Score: 50.1
Improved 68 spots from last year
-8.1 below state avg
217 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
Ralph B O'Maley Middle School
0.8 mi | #238 of 352 | Score: 37.3
Improved 24 spots from last year
-20.9 below state avg
619 students Moderate
Rising School
Grades 06-08
H

High Schools

1 school
C+
Gloucester High School
0.4 mi | #212 of 346 | Score: 50.4
Improved 27 spots from last year
-7.8 below state avg
776 students Moderate
17 sports • 1,070 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $447
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

⏳
Pending Sale
Dec 9, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Dec 4, 2025
$649,000
Original listing
Agent: Debra L. Lovelace Office: Churchill Properties
🏠
Listed for Sale
Dec 4, 2025
$649,000
Original listing
Agent: Debra L. Lovelace Office: Churchill Properties

Price & Status History

Date Event Price Change
Dec 4, 2025 New Listing Added $649,000 —
Dec 4, 2025 New Listing Added $649,000 —

Market Statistics

Days on Market
25 days
Price per Sq Ft
$284

Tax History

Year Taxes Assessment
2025 $5,365 $552,000

Financial Details

Annual Property Tax
$5,365
Tax Year 2025
Assessed Value
$552,000

Listing Information

Listing Agent Debra L. Lovelace
Listing Office Churchill Properties
Agent MLS ID C8000245
Office MLS ID AN4955
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Gloucester, MA

Real-time market trends and pricing data for this area

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