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Sold on 08/01/2023

9 Summit St, Gloucester, MA 01930

  • $750,000

    Last sold 08/01/2023 for $730K

  • 6

    bed

  • 2

    bath

  • 2,542

    Sqft ($287/Sqft)

Multi-family not for sale
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About 9 Summit St

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 5,000 Sqft
Movoto estimate
Property description
Located in the heart of Central Gloucester, this property promises an attractive return on investment. Don't miss out on this coastal gem! This 2-family property offers an incredible investment opportunity with two three-bedroom units, each boasting private decks and captivating views. The simple layouts and nearby amenities ensure high rental demand. The property's prime location places you within easy reach of Gloucester's vibrant downtown, renowned for its eclectic mix of dining, shopping, and cultural attractions. Embrace the coastal lifestyle with nearby beaches, walking trails, and water activities that will enrich your days with beauty and adventure. There is a path to Gloucester Crossing, Cape Ann YMCA and Green Street playground and fields, which will be undergoing a major improvement in the coming months. Zoned for brand new East Veterans' Elementary! FIRST and ONLY showings at the Open Houses Friday, 4-6p and both Saturday and Sunday 11-1p. Offers due July 31st by NOON.
Listed by
Listing Agent - Nice to be Home Group
Listing Office - RE/MAX 360
Source: MLS Property Information Network, Inc. mls logo
MLS#73139875 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
Overview
Heating Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard, Electric Baseboard)
Levels/Style 3
MLS # 73139875
Type Residential Income
Status Closed
SubType 2 Family - 2 Units Up/Down
SqFt 2542
Lot Size (SqFt) 5000
Lot Size (Acres) 0.11
Annual Property Tax 6057
Year Built 1900
Interior
Total # of Bathrooms 2
# Full Baths 2
Total # of Bedrooms 6
Basement Full, Interior Entry, Unfinished
Total # of Rooms 10
Flooring Tile, Vinyl, Wood Laminate
Appliances Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator)
Interior Features Unit 2(Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Exterior
Foundation Stone, Brick/Mortar, Irregular
Parking Desc Off Street
# Parking Spaces 1
Exterior Features Unit 2 Balcony/Deck
Lot Desc Level
Amenities / Utilities
Sewer Public Sewer
Electricity 100 Amp Service, Individually Metered
Water Source Public
Location
View City View(s), Scenic View(s)
County Essex
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility
Elementary School East Veterans
Middle School O'maley
High School Gloucester
Zoning R-5
APN M:0028 B:0087 L:0000, 1895123
Directions Trask Or Millett Street To Summit Street - Use GPS
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water)
Net Operating Income 20000
Operating Expense 35200
Total Actual Rent 4600
Financial Data Source Owner
Gross Income 55200
Lot/ Land Details
Road Frontage Public
$750K
Range: $645K-$855K
Last 30 days 
  • Sep 2023
    mls logo MLS # 73139875
  • Sep 5, 2023 Sold
    $730,000 (+8.3%)
  • Jul 24, 2023 Listed
    $674,000 (+87.7%)
  • Jan 2019
    mls logo MLS # 72436852
  • Jan 3, 2019 Listed
    $359,000
  • 9 Summit St
    $730K
  • Central Gloucester
    $536K -33% y/y
  • 01930
    $749K -54% y/y
  • Gloucester
    $917K -20% y/y
No chart available
Statistics calculated by Movoto

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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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  • MA
  • Essex County
  • Gloucester
  • 01930
  • Central Gloucester
  • 9 Summit St
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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information 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 are for the personal, non commercial use of consumers having a good faith in 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 set forth herein.
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