Multi-Family Homes for Sale in Gloucester, MA

Home for Sale

Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.

Home for Sale

ROCKY NECK WATERFRONT FOUR FAMILY W/ COMMERCIAL DEEP WATER CHAP 91 DOCK- The dock can accommodate large fishing boats or multiple pleasure craft and extends out to the Harbor Commissioner's Line in the harbor. There are 4 residential units, one original to the property and 3 newer units built in 2004. The 2004 building has (2) one bedroom units, and (1) two bedroom unit, both with private decks and sweeping harbor views. The original unit is located on the dock with wrap around harbor views of Gloucesters inner harbor. A parade of boats will keep you entertained along with summertime fireworks and the Parade of Sail. Rocky Neck is the oldest art colony in the country with art studios & galleries, restaurants & bars, and a multitude of water activities. It's a short distance to downtown, Niles Beach & Eastern Point Yacht Club. Bring your boat, big or small! There is potential to add multiple fingers to the dock for more dockage. All units have separate utilities except for water/sewer.

Home for Sale

Here's an ideal opportunity to owner occupy, or start an investment portfolio. 5 Ivy Court has two 2-bedroom units, with separate outdoor spaces on either side of the property. The interior is neat and clean, with ample bedrooms and eat-in kitchens in both units. The utilities are separate, including two newer electric hot water heaters. Two washer and dryer hookups in the basement, (only one w/d is currently present) plus storage space. Walk up attic provides additional storage. Convenient East Gloucester location off of Washington St. and close to downtown amenities. Unit #1 is deleaded. Open House Sunday, 6/9, from 11:00 - 1:00.

Home for Sale

Existing 2 family home for potential rehab but also is approved 4 family new construction. Either keep existing 2 family building or demolish and build 4 townhouses with garages under. Water views from upper floors. 2 bedroom 2.5 bath proposed units. Easement for access back yard via Gaffney street. Existing structure must be demolished to build the proposed 4 units. ZBA and city council approvals attached under paperclip. New structure must be built by buyer at buyer's expense if building 4 units.