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53-55 Western Ave, Gloucester MA 01930

$1,800,000

Estimated $3,904/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $360,000

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

4628

Total Parking: 10 (2 Garage)

5,648 (0.13)

The Inn at Babson Court is a 1741 post & beam Colonial overlooking historic Gloucester Harbor and the Fisherman's Memorial. The property is currently used as an inn/multi family. Currently there are 3 "apartments" and 2 suites (no kitchen). Public record states 4 family. Exposed beams and historic charm throughout. Many possibilities exist for its future uses. Plenty of parking behind house including a 2 car garage (ADU?). 4-100amp electric service panels plus house meter. Common decks and patio, covered outside sitting area. Beach and harbor across the street!

This home has been viewed 6 times

Last Checked: May 23rd, 2026 at 7:03pm (Source: MLS PIN #73523157)

Gross Income: $0

Gross Expenses: $11,818

Net Income Calc: $11,818

Water Views

Annual Expenses for 53-55 Western Ave, Gloucester MA 01930

Total Gross Expenses (Calculated)$11,818/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11818

Annual Income & Unit Breakdown for 53-55 Western Ave, 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

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 53-55 Western Ave, Gloucester MA 01930

Listing ID73523157

Property TypeMulti Family / 4 Family

Price1800000 ($388.94/SqFt)

Style4 Family - 4 Units Up/down

CityGloucester

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total4628

Approximate Lot Size (Acres)0.13

Total Parking10 (2 Garage)

Garage Parking2

Year Built1741

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR-5

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 53-55 Western Ave, Gloucester MA 01930

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSauna

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 53-55 Western Ave, Gloucester MA 01930

Real Estate Taxes11818

Tax Year2026

Assessed Value$1,269,400

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 53-55 Western Ave, Gloucester MA 01930

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 53-55 Western Ave, Gloucester MA 01930

Agent

Name: Michael Beaton

Office

Name: Churchill Properties

Phone: 978-515-7031

Payment Calculator

, Interest

Property Taxes 984.83

Principal & Interest 11091.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Churchill Properties

Michael Beaton

Agent Phone

Office Phone

(978) 515-7031

Text Agent Call Agent Call Office

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    [description] => The Inn at Babson Court is a 1741 post & beam Colonial overlooking historic Gloucester Harbor and the Fisherman's Memorial.  The property is currently used as an inn/multi family. Currently there are 3 "apartments" and 2 suites (no kitchen). Public record states 4 family.  Exposed beams and historic charm throughout. Many possibilities exist for its future uses. Plenty of parking behind house including a 2 car garage (ADU?). 4-100amp electric service panels plus house meter. Common decks and patio, covered outside sitting area. Beach and harbor across the street!
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    [unparsed] => 53-55 Western Ave, Gloucester MA 01930
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EXIT

23 More Photos

Active

53-55 Western Ave, Gloucester MA 01930

$1,800,000

Annual Expenses for 53-55 Western Ave, Gloucester MA 01930

Annual Income & Unit Breakdown for 53-55 Western Ave, Gloucester MA 01930

General Information for 53-55 Western Ave, Gloucester MA 01930

Disclosures for 53-55 Western Ave, Gloucester MA 01930

Financial Information for 53-55 Western Ave, Gloucester MA 01930

Location Information for 53-55 Western Ave, Gloucester MA 01930

Contact Information for 53-55 Western Ave, Gloucester MA 01930

Agent

Office

Payment Calculator

Exclusive Listing Agent

Churchill Properties

Michael Beaton