The Greene Realty
Powered by 
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$995,000
Monthly Est:$4,952
16 Beds
10 Baths6 full baths + 4 half baths
5,919sqft
35-37 Sargent St, Gloucester, MA 01930
$995,000
$4,952/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
0.17 acre lot
$168/sq.ft
Description
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.
- Houzeo last checked: 5 minutes ago
- Listing updated: October 27, 2026 at 8:19 pm
- Listing Provided by: Mark Ventimiglia (978) 479-7257 | Vadala Real Estate (978) 281-1111
- Source: MLS Property Information Network-MA | MLS#: 73595656
Property Details
Status
Active
Type
Multi Family
No. of Stories
9
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
5,919 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73595656
MLS Status
New
Days on Market
1
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 10
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Concrete Perimeter, Granite
Roof
Shingle
Utilities & Energy
Parking Features
Off Street
Water Source
Public
Other Features
Lot Features
Corner Lot, Level
Community Features
Public Transportation, Highway Access
Disclosures
Property Is Currently A Two Family Dwelling With All City Approvals In Place For 4 Additional Units. Taxes Reflect Only The Existing 2 Family. Gla Is Combination Of Public Records For Existing Building And Proposed Addition. Rents For Proposed Units Estimated At $3200 Per Month.
Price History
| Date | Event | Price |
|---|---|---|
10/27/2026 Source: | Listed for Sale | $995,000 $168/sqft |
Nearby Homes
Find Homes by Property Features in Gloucester, MA
Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 29, 2026, 10:15PM. 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. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
