Well-maintained two-family home in a convenient Gloucester location offering strong income potential and flexibility for both investors and owner-occupants. This property features two spacious units with a total of 5 bedrooms and 2 full baths, with the potential to be used as a single-family or multi-generational home if desired.Each unit offers a functional layout with generous room sizes and abundant natural light throughout. Additional highlights include updated baths, in-unit laundry, and a comfortable, easy flow ideal for everyday living.Situated on a 0.24-acre lot, the property includes off-street parking, a garage space, two sheds for additional storage, and outdoor space perfect for relaxing or entertaining. Ideally located near Gloucester’s beaches, downtown, restaurants, and commuter routes.
This home has been viewed 6 times
Last Checked: June 9th, 2026 at 4:38am (Source: MLS PIN #73505438)
Gross Income: $0
Gross Expenses: $6,947
Net Income Calc: $6,947
Annual Expenses for 35 Reservoir Rd, Gloucester MA 01930
Total Gross Expenses (Calculated)$6,947/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6947
Annual Income & Unit Breakdown for 35 Reservoir Rd, Gloucester MA 01930
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 35 Reservoir Rd, Gloucester MA 01930
Listing ID73505438
Property TypeMulti Family
Price1199000 ($384.29/SqFt)
StyleMulti Family
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3120
Approximate Lot Size (Acres)0.24
Total Parking6 (1 Garage)
Garage Parking1
Year Built1980
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-10
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 35 Reservoir Rd, Gloucester MA 01930
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTenants Washer And Dryer In The Basement.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 35 Reservoir Rd, Gloucester MA 01930
Real Estate Taxes6947
Tax Year2025
Assessed Value$714,700
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 35 Reservoir Rd, Gloucester MA 01930
Neighborhood(s)Ipswich
Area Amenities
Contact Information for 35 Reservoir Rd, Gloucester MA 01930