Great opportunity to own this Mixed Use Residential / Commercial property in a prime and desirable location of downtown Gloucester with Water Views!! Six total units- Five residential & One commercial that are in two separate buildings on the same lot. The Five residential units consist of 3 two bedroom apartments, 1 studio apartment and a 4 bedroom townhouse apartment. The commercial unit houses a well established breakfast restaurant and is a free standing building on the same lot. Rents are below market value. All this located on a corner lot literally down the street from Gloucester's Iconic Waterfront, Boulevard and all that downtown Gloucester has to offer! Within half a mile of the MBTA and one mile to Route 128.
This home has been viewed 18 times
Last Checked: May 7th, 2024 at 7:32am (Source: MLS PIN #73177136)
General Information for 40-42 Middle St, Gloucester MA 01930
Listing ID73177136
Property TypeCommercial Sale
Price$1,599,900
Style
CityGloucester
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Garage Parking
ZoningR-5
AssociationNo
Year Built1900
Year Built Source
Year Renovated
Year Built Details
Handicap Access / FeaturesNo
Energy Features
Disclosures for 40-42 Middle St, Gloucester MA 01930
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Senior CommunityNo
Special Listing Conditions
For Sale By OwnerNo
Exclusions
Disclosures
Title 5
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based On
Contact Information for 40-42 Middle St, Gloucester MA 01930