Active
22 Days on market
186 Washington Street Gloucester — Photo 1 of 36

186 Washington Street Gloucester — Photo 1 of 36

$799,000

186 Washington Street, Gloucester, MA 01930

Gloucester, MA 01930

Beds

6

Baths

2

SqFt

2,575

Style

2 Family - 2 Units Up/Down

Built

1900

Opportunity awaits at 186 Washington Street! This spacious Gloucester two-family offers a flexible layout, generous room sizes and excellent potential for an owner-occupant, investor or multi-generational buyer. Each unit features its own kitchen, full bath and comfortable living spaces, with the second-floor unit also offering a bright sunroom. Off-street parking, basement storage and convenient access to downtown Gloucester, the harbor, shops, restaurants and area beaches add to the appeal. A substantial third floor attic with multiple existing rooms provides an exciting value-add opportunity for future expansion or additional living space. The third floor requires renovation; buyers to perform their own due diligence regarding permitted uses, zoning and approvals. A unique opportunity to bring your vision to a classic Gloucester multifamily and unlock its full potential.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$310/sqft
Local Avg (Gloucester)$535/sqft
42% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Property Details

Financials

Original Price$799,000
Annual Taxes$5,236

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms12
FireplacesNone
FlooringHardwood
BasementInterior Entry, Concrete, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR-5

Property & Lot

Acres0.09
SqFt Lot4,052
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

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: Garett Webb

Listing Office: Churchill Properties

MLS® Number: 73564843

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