35-37 Sargent St, Gloucester, MA 01930

Gloucester
Local realty services provided by:Metropolitan Homes
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:October 28, 2026 at 02:59 AM

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
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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. MLSPIN Member Broker: Michael Albano

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