Discover an excellent investment opportunity with this solid three-family property, featuring three spacious one-bedroom apartments. Each unit offers generously sized rooms and convenient in-unit washer/dryer hookups—highly desirable for today’s renters. The building is centrally located near downtown Gloucester, just a short walk to the MBTA, restaurants, shops, and everyday amenities. Off-street parking adds to the appeal, and all units are currently occupied, providing immediate income with potential for increased future returns. This is a rare chance to own a well-maintained, fully tenanted property in a prime location. First showings at the open house on December 7, 2025 11:30am to 12:30pm
Sold for $685,000
$685,000
196 Washington St, Gloucester, MA 01930
3beds
2,282sqft
3 Family
Built in 1900
-- sqft lot
$686,700 Zestimate®
$300/sqft
$3,104 Estimated rent
Home value
$686,700
$611,000 - $769,000
$3,104/mo
Zestimate® history
Owner options
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$3,104/mo
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$3,104/mo
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$4,276/mo
Est. payment
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$4,276/mo
Est. payment
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List your homeWhat's special
Three spacious one-bedroom apartmentsGenerously sized roomsOff-street parking
Zillow last checked:
Listing updated:
Listed by:
Debra L. Lovelace 978-879-7356,
Churchill Properties 978-515-7031
Bought with:
William Fishbane
Sara Fishbane Real Estate
Source: MLS PIN,MLS#: 73459854
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Kitchen, Living RM/Dining RM Combo
- Flooring: Wood, Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,282
- Total interior livable area: 2,282 sqft
- Finished area above ground: 2,282
Property
Parking
- Total spaces: 7
- Parking features: Off Street
- Uncovered spaces: 7
Features
- Patio & porch: Deck - Wood
- Waterfront features: 1 to 2 Mile To Beach
Lot
- Size: 1,770 Square Feet
- Features: Additional Land Avail.
Details
- Parcel number: M:0036 B:0044 L:0000,1895569
- Zoning: NB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, Sidewalks
Location
- Region: Gloucester
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $552,000
- Annual tax amount: $5,365
- Date on market: 1/3/2026
- Listing terms: Contract
- Total actual rent: 3650
Price history
| Date | Event | Price |
|---|---|---|
| 1/23/2026 | Sold | $685,000+5.5%$300/sqft |
Source: MLS PIN #73459854 Report a problem | ||
| 12/17/2025 | Contingent | $649,000$284/sqft |
Source: MLS PIN #73459854 Report a problem | ||
| 12/4/2025 | Listed for sale | $649,000$284/sqft |
Source: MLS PIN #73459854 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,999 | $513,800 |
| 2024 | $4,999 -3.8% | $513,800 +4.7% |
| 2023 | $5,199 | $490,900 |
| 2022 | $5,199 +14.5% | $490,900 +34.5% |
| 2021 | $4,541 +5.6% | $365,000 +4.7% |
| 2020 | $4,299 +7.8% | $348,700 +10.9% |
| 2019 | $3,988 +4.2% | $314,300 +6.1% |
| 2018 | $3,829 +4.9% | $296,100 +7% |
| 2017 | $3,651 +8.3% | $276,800 +11.8% |
| 2016 | $3,370 +2% | $247,600 +2.3% |
| 2015 | $3,305 +5.5% | $242,100 +0.3% |
| 2014 | $3,133 -1.4% | $241,400 -4.1% |
| 2013 | $3,176 +0.1% | $251,700 -3.4% |
| 2012 | $3,174 +2.4% | $260,600 -4.9% |
| 2011 | $3,100 +11% | $274,100 +3% |
| 2010 | $2,792 -3.1% | $266,200 -11.3% |
| 2009 | $2,882 +1.8% | $300,200 -3.5% |
| 2008 | $2,830 +8.6% | $311,000 +2.7% |
| 2007 | $2,607 | $302,800 |
Find assessor info on the county website
Neighborhood: 01930
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Nearby schools
GreatSchools rating
- 4/10Beeman Memorial Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Ralph B O'Maley Innovation Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Gloucester High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$686,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$686,700
- Massachusetts
- Essex County
- Gloucester
- 01930
- 196 Washington St
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