Active Under Contract
119 Days on market
141 Prospect St Gloucester — Photo 1 of 32

141 Prospect St Gloucester — Photo 1 of 32

Recent Drop: $46,000

$620,000
$574,000

$574,000

141 Prospect St, Gloucester, MA 01930

Gloucester, MA 01930

Beds

2

Baths

2

SqFt

1,035

Style

Multi Family

Built

1900

Rare opportunity to own a beautifully renovated 2 family home in the heart of Downtown Gloucester! Perfectly located just moments from restaurants, shopping, entertainment, beaches, the waterfront, and train station. This unique property offers the ultimate blend of coastal charm, modern updates, and investment potential, with no car needed. Each thoughtfully updated unit features 1 bedroom, 1 bath, and a spacious open-concept living/dining & kitchen area designed for comfortable daily living and effortless entertaining. New kitchens with updated cabinetry, countertops, and appliances pair perfectly with beautifully renovated baths and energy-efficient mini-split systems for year-round comfort. The 2nd floor unit includes a small private deck, the perfect spot to unwind. Whether a smart investment, summer retreat, owner-occupied rental opportunity, or multi-generational living this property checks every box. Also offered for sale as 2 separate condos.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$555/sqft
Local Avg (Gloucester)$591/sqft
6% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$620,000
Annual Taxes$3,725

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
FlooringVinyl, Varies, Hardwood
BasementCrawl Space

Climate & Utilities

HeatingElectric, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningNB

Property & Lot

Acres0.02
SqFt Lot954
Lot FeaturesOther

Amenities & Appliances

Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Property History

Price Drop
$574,000

Was $607,900

Aug 7, 2026

MLS® 73517492

Price Drop
$607,900

Was $620,000

Jun 18, 2026

MLS® 73517492

Listed
$620,000

May 13, 2026

MLS® 73517492

Listed
$279,000

May 13, 2026

MLS® 73517477

Listed
$295,000

May 13, 2026

MLS® 73517482

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Kathleen Mchugh

Listing Office: Churchill Properties

MLS® Number: 73517492

Browse More Homes in Gloucester

Explore other active listings in the area.