1 / 32
INVESTMENT SNAPSHOT
About this property
Rare opportunity to own 2 beautifully renovated condominiums 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.
Property details
| Units | 2 |
| Living area | 1,035 sqft |
| Lot size | 954 sqft |
| Year built | 1900 |
| Price / sqft | $599 |
| County | Essex |
| MLS # | 73517492 |
Listing status
| Days on market | 4 days |
| Listed on | May 13, 2026 |
Taxes & financials
| Annual property tax | $3,725 |
| Tax year | 2026 |
| Assessed value | $400,200 |
| Zoning | NB |
| Total actual rent | $0/mo |
Building & lot
| Stories | 2 |
| Total rooms | 4 |
| Lot size | 0.02 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Crawl Space |
| Foundation | Concrete Perimeter |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Flooring | Vinyl, Varies, Hardwood |
Utilities & systems
| Heating | Electric, Ductless |
| Cooling | Ductless |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range |
Location
More about investing in Gloucester →
Listing courtesy of Churchill Properties — Kathleen McHugh. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 141 Prospect St, Gloucester MA 01930 have?
It is a 2-unit multi-family property with 1,035 sqft of living area, built in 1900.
How long has 141 Prospect St, Gloucester MA 01930 been on the market?
141 Prospect St, Gloucester MA 01930 has been listed for 4 days (since May 13, 2026).
What is the estimated cap rate on this 2-family in Gloucester?
Based on area median rents, the estimated cap rate is about 5.3%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $620,000 across 2 units, that works out to roughly $310,000 per unit.
What are the property taxes on 141 Prospect St, Gloucester MA 01930?
Annual property taxes are $3,725 (2026), on an assessed value of $400,200.
What is the price per square foot?
At $620,000 for 1,035 sqft, that's about $599 per square foot.
Where is this property located?
141 Prospect St, Gloucester MA 01930 is in Gloucester, Essex County, MA 01930.
Similar multi-families
◆ 99
◆ 70