Movoto Real Estate
Sold on 05/25/2021
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89 Prospect St, Gloucester, MA 01930

  • $767,000

    Last sold 05/25/2021 for $535K

  • 5

    bed

  • 3

    bath

  • 2,500

    Sqft ($214/Sqft)

Multi-family not for sale
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About 89 Prospect St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 4,880 Sqft
Movoto estimate
Property description
Attention Contractors and Investors! Here’s a rare 3 family home in the heart of Gloucester. The home has 3 units – The first unit is in the partially finished, walk out basement. It has one bedroom. The 2nd unit is on the main floor and has 2 bedrooms. The 3rd unit is on the second and third floor, the main level has a spacious kitchen and living room, a smaller extra room, a bathroom, and access to the deck. The third floor has 2 bedrooms, and a couple of unfinished rooms for storage or expansion potential. There is a good sized yard, 3 parking spaces, and a large storage shed that while structurally sound, needs work. Electric is on one meter, and heat/hot water is paid by each unit. The home has vinyl siding, newer windows and newer roof. Sold as-is and with currently paying tenants who would like to stay. This property will likely not comply with FHA financing requirements. Units 2 & 3 are in good shape. Unit 1 needs work. ***Group Showings by Appointment Only**
Listed by
Listing Agent - Bob Raiche
Listing Office - Century 21 North East
Source: MLS Property Information Network, Inc. mls logo
MLS#72805739 • last updated 5 years ago
Movoto checked MLS Property Information Network, Inc. for data 22 minutes ago
Overview
Levels/Style 4
Type Multi-family
MLS # 72805739
SqFt 2500
Status Sold
SubType 3 Family - 3 Units Up/Down
Lot Size (Acre) 0.11
Property Tax 5040.69
Year Built 1900
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 3, 3
Total # of Bedrooms 5, 5
Total # of Rooms 13, 15, 13
Basement Full, Partially Finished
# Fireplaces 0, 0
Exterior
Foundation Granite
Roof Asphalt/Fiberglass Shingles
# Parking Spaces 3
Lot Desc Fenced/Enclosed
Amenities / Utilities
Green Features: Energy Efficiency Insulated Windows
Water Source City/Town Water
Electricity 4240
HOA Amenities Public Transportation, Shopping, Highway Access, Marina, T-Station
Location
County Essex
APN 1893980
Multifamily Details
# of Units 3
Unit 3 Rent 1300
Unit 2 Rent 1800
Unit 1 Rent 1000
$767K
Range: $644K-$889K
Last 30 days 
  • May 2021
    mls logo MLS # 72805739
  • May 25, 2021 Sold
    $535,000 (+7.2%)
  • Apr 22, 2021 Under Agreement
  • Apr 14, 2021 Contingent
  • Apr 6, 2021 Listed
    $499,000
  • 89 Prospect St
    $535K
  • Central Gloucester
    $498K -19% y/y
  • 01930
    $749K -54% y/y
  • Gloucester
    $854K -20% y/y
No chart available
Statistics calculated by Movoto

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N/A
East Gloucester Elementary School
public Grades K-5
Gloucester School District
3/10
Ralph B O'maley Middle School
public Grades 6-8
Gloucester School District
3/10
Gloucester High School
public Grades 9-12
Gloucester School District
Source: GreatSchools.org © 2026. All rights reserved.

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