Fantastic opportunity to own an updated two-family home in Gloucester! Renovated in 2009, this property features remodeled kitchens and baths, upgraded electrical service, vinyl replacement windows and brand-new hot water tanks. A detached two-car garage provides valuable off-street parking or additional storage. Both units are currently occupied by tenants at will, with heat and electricity included in the rents. Conveniently located, offering easy access to Rt. 128 and the commuter rail, Gloucester's historic downtown, shopping, dining and Cape Ann's beautiful beaches. Whether you're looking to expand your investment portfolio or explore the possibilities of owner occupancy, this versatile property offers an excellent opportunity in a convenient location!
This home has been viewed 3 times
Last Checked: September 19th, 2026 at 8:13am (Source: MLS PIN #73579668)
Gross Income: $58,200
Gross Expenses: $18,717
Net Income Calc: $39,483
Water Views
Annual Expenses for 150 Maplewood Avenue, Gloucester MA 01930
Total Gross Expenses (Calculated)$18,717/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4796
Annual Income & Unit Breakdown for 150 Maplewood Avenue, Gloucester MA 01930
Total Gross Income (Calculated)$58,200
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 150 Maplewood Avenue, Gloucester MA 01930
Listing ID73579668
Property TypeMulti Family / 2 Family
Price599900 ($354.97/SqFt)
Style2 Family - 2 Units Up/down
CityGloucester
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total1690
Approximate Lot Size (Acres)0.07
Total Parking6 (2 Garage)
Garage Parking2
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 Area638
Foundation Description
Accessible Features
Outdoor Space
ZoningR-10
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 150 Maplewood Avenue, Gloucester MA 01930
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Broker
Financial Data SourceEstimated
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 150 Maplewood Avenue, Gloucester MA 01930
Real Estate Taxes4796
Tax Year2026
Assessed Value$515,100
Financial Data SourceEstimated
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 150 Maplewood Avenue, Gloucester MA 01930
Elementary SchoolBeeman Memorial
Middle SchoolO'maley Innovation
High SchoolGhs
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 150 Maplewood Avenue, Gloucester MA 01930