35-37 Sargent St Gloucester, MA ^$ 995,000

35-37 Sargent St

^$ 995,000

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35-37 Sargent St

Gloucester, MA, 01930

^$ 995,000

Bedrooms16 Baths6.4 Sq 5,919

Monthly Estimate*

^$ 6,872

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Multi-Family Home for sale in Gloucester, MA

for $995,000 with 16 bedrooms and 6 full baths, 4 half baths. This 5,919 square foot home was built in 1900 on a lot size of 0.17.

Great investment opportunity in downtown Gloucester. This existing two-family property is currently occupied by two long-term tenants, providing immediate rental income while you move forward with an approved expansion project. All city approvals are in place for approximately 4,200 square feet of additional building area, comprising four townhouse-style units, each with three bedrooms and 1.5 baths. As an added benefit, the seller has already obtained a quote from a modular construction company for the four proposed units. The level and mostly cleared lot is ready for the next stage of development. Continue collecting rent from the existing units while completing the construction process. Centrally located near downtown amenities and the MBTA Commuter Rail, this property offers a compelling combination of current income and future growth potential.

Multi-Family Active

Price

^$ 995,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,110

Style

5-9 Family

Lot Size

0.17

Year Built

1900

Town/City

Gloucester

County/Region

Essex

MLS | Web ID

73595656

List By

Mark Ventimiglia

Listing Agent

Vadala Real Estate

Broker

Affordability Calculator

$7,215

Per Month

Monthly Principal & Interest: $6,872
Monthly Property Taxes: $343
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Gloucester, MA

Average List Price ^$933,544

Percent of Sale Price 6%

About Gloucester, MA

29,325 Population

-3% Since 2002

^$65,220 Median Income

48.77 Median Age

20% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
10/27/2026	$995,000		Listed Price

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35-37 Sargent St, Gloucester, MA, 01930 is a Multi-Family Home for sale at $995,000 with 5,919 sqft and a lot size of 0.17. 35-37 Sargent St has 16 bedrooms, 6.4 baths, and was built in 1900. The property's zip code is 01930 which is in Gloucester, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/28/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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35-37 Sargent St

Multi-Family Home for sale in Gloucester, MA

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