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50 Warner St, Gloucester, MA 01930

$760,000
Last sold 03/23/2026 after 12 Days
6
bed
3
bath
2,598
Sqft ($293/Sqft)

Multi-family not for sale

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About 50 Warner St

Property type Multi-family

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 3,200 Sqft

Movoto estimate

Property description

This three-unit property is located approximately half a mile from the MBTA train station and offers convenient nearby access to shopping and amenities at Gloucester Crossing, including a grocery store. Two of the three units are subject to HUD 80% rent and income restrictions. The 2026 HUD rent limits (must include utilities) and 2025 income limits are available from the listing agent. The full basement features exterior access and includes a heated room previously used by the owner as an office. The driveway provides tandem parking for two vehicles. The bright and sunny third-floor two-bedroom unit is currently vacant. The property includes Power Purchase solar panels. The panels are neither leased nor owned by the property owner; instead, the owner purchases the electricity generated by the system for use in the building. Common laundry area in basement for use by all tenants. The two occupied units have TAW Agreements

Listed by

Listing Agent - Ruth Pino

Listing Office - RE/MAX Beacon

Source: MLS Property Information Network, Inc.

MLS#73485467 • last updated 2 months ago

Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard, Electric, Hot Water, Oil
Levels/Style	3, 3
MLS #	73485467
Type	Residential Income
Status	Closed
SubType	3 Family
SqFt	2598
Lot Size (SqFt)	3200
Lot Size (Acres)	0.07
Annual Property Tax	6095
Year Built	1900

Interior
Total # of Bathrooms	3
# Full Baths	3
Total # of Bedrooms	6
Basement	Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Total # of Rooms	13
Laundry	Electric Dryer Hookup, Washer Hookup
Flooring	Wood, Tile, Laminate, Hardwood
Appliances	Range, Refrigerator, Microwave
Interior Features	Lead Certification Available, Bathroom With Tub & Shower, Cathedral/Vaulted Ceilings, Living Room, Kitchen, Office/Den, Sunroom
Window Features	Insulated Windows

Exterior
Foundation	Stone, Brick/Mortar
Roof	Shingle
Construction	Frame
Parking Desc	Paved Drive, Off Street, Tandem
# Parking Spaces	2
Exterior Features	Rain Gutters
Lot Desc	Easements, Level

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Electricity	220 Volts, Circuit Breakers, Individually Metered
Water Source	Public

Location
County	Essex
Community Features	Public Transportation, House Of Worship, Public School, T-Station, Sidewalks
Elementary School	East Veterans
Middle School	O'maley
High School	Ghs
Zoning	R-5
APN	1895228
Directions	Propsect Street To Warner Street

Multifamily Details
Rent Includes	Unit 1(Heat, Electric, Water), Unit 2(Heat, Water), Unit 3(Heat, Water)
Net Operating Income	21600
Operating Expense	3605
Total Actual Rent	3700
Financial Data Source	Owner
Expense: Water/ Sewer	3548
Gross Income	21600
Expense: Electricity	3000