Fantastic two-family opportunity in a convenient Gloucester location! Tucked away on a residential street just minutes from Downtown Gloucester, with Gloucester High School just ¼ mile away, this property features two generously sized townhouse-style units offering plenty of flexibility for an owner-occupant, investor, or multigenerational living. Unit 1 features an open-concept living room, dining area, and sprawling kitchen, and both units offer expansive primary bedrooms with space to add en-suite baths. Each unit leads out to the deck and private fenced-in backyard. The property has been well maintained with recent improvements including a beautifully renovated bathroom and new fencing. Off-street parking, plenty of basement storage, and separate laundry for each unit add even more convenience. Enjoy easy access to Downtown Gloucester’s shops and restaurants, the harbor and waterfront, local amenities, and beautiful North Shore beaches. Whether you’re looking to live in one unit and rent the other, keep family close while maintaining separate living spaces, explore potential condo conversion, or add a multifamily property to your portfolio, 1 Granite Court should be high on your list!
This home has been viewed 13 times
Last Checked: September 23rd, 2026 at 10:43am (Source: MLS PIN #73571054)
Gross Income: $0
Gross Expenses: $6,195
Net Income Calc: $6,195
Annual Expenses for 1 Granite Court, Gloucester MA 01930
Total Gross Expenses (Calculated)$6,195/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6195
Annual Income & Unit Breakdown for 1 Granite Court, Gloucester MA 01930
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
General Information for 1 Granite Court, Gloucester MA 01930
Listing ID73571054
Property TypeMulti Family / 2 Family
Price849000 ($335.57/SqFt)
Style2 Family - 2 Units Side By Side
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2530
Approximate Lot Size (Acres)0.09
Total Parking2
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area0
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR-5
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 1 Granite Court, Gloucester MA 01930
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 1 Granite Court, Gloucester MA 01930
Real Estate Taxes6195
Tax Year2026
Assessed Value$665,400
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 1 Granite Court, Gloucester MA 01930
Elementary SchoolWest Parish
Middle SchoolO'maley
High SchoolGloucester High
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 1 Granite Court, Gloucester MA 01930