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.
This home has been viewed 13 times
Last Checked: June 23rd, 2026 at 5:08am (Source: MLS PIN #73517492)
Gross Income: $0
Gross Expenses: $3,725
Net Income Calc: $3,725
Water Views
Annual Expenses for 141 Prospect St, Gloucester MA 01930
Total Gross Expenses (Calculated)$3,725/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax3725
Annual Income & Unit Breakdown for 141 Prospect St, Gloucester MA 01930
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 141 Prospect St, Gloucester MA 01930
Listing ID73517492
Property TypeMulti Family
Price607900 ($587.34/SqFt)
StyleMulti Family
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total1035
Approximate Lot Size (Acres)0.02
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningNB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 141 Prospect St, Gloucester MA 01930
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsBasement Fridge
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 141 Prospect St, Gloucester MA 01930
Real Estate Taxes3725
Tax Year2026
Assessed Value$400,200
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 141 Prospect St, Gloucester MA 01930
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 141 Prospect St, Gloucester MA 01930