Sold for $685,000

$685,000

196 Washington St, Gloucester, MA 01930

3beds

2,282sqft

3 Family

Built in 1900

-- sqft lot

$649,300 Zestimate^®

$300/sqft

$3,439 Estimated rent

Home value

$649,300

$617,000 - $682,000

$3,439/mo

Zestimate^® history

Owner options

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$3,439/mo

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$3,439/mo

Rent Zestimate^®

Refinance and save

$4,184/mo

Est. payment

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$4,184/mo

Est. payment

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What's special

Three spacious one-bedroom apartmentsGenerously sized roomsOff-street parking

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

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 sqft
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 & neighborhood

Community

Community features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, Sidewalks

Location

Region: Gloucester

HOA & financial

Other financial information

Total actual rent: 3650

Other

Other facts

Listing terms: Contract

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