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ActiveListed 8 days ago

$995,000

35-37 Sargent St, Gloucester, MA 01930

16
beds
8
baths
5,919
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
7,298 sqft
Year builtThe year the building was originally built, as reported by the listing agent.
1900
On the marketDays since the home was listed. New listings tend to move fastest.
8 days ago
Property type
5-9 Family
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$168
ParkingSpaces that come with the home, as reported to the MLS.
6 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$4,110

What’s Special

Great investment opportunity in downtown Gloucester. This existing two-family property is currently occupied by two long-term tenants, providing immediate rental income while you move forward with an approved expansion project. All city approvals are in place for approximately 4,200 square feet of additional building area, comprising four townhouse-style units, each with three bedrooms and 1.5 baths. As an added benefit, the seller has already obtained a quote from a modular construction company for the four proposed units. The level and mostly cleared lot is ready for the next stage of development. Continue collecting rent from the existing units while completing the construction process. Centrally located near downtown amenities and the MBTA Commuter Rail, this property offers a compelling combination of current income and future growth potential.

Listing courtesy of Mark Ventimiglia, Vadala Real Estate · MLS PIN #73595656

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
16
Bathrooms
6 full, 4 half
Living area
5,919 sqft

Parking

1
  • Off Street

MLS PIN #73595656 · Listed October 27, 2026

Location

35-37 Sargent St, Gloucester · All Gloucester homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Call (978) 809-1685
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.