Investors and Contractors take note! Wonderful opportunity to own income property near the center of Gloucester. This multi-family home is located near many shops and restaurants on Main Street and is only a short drive from some of the best beaches on Cape Ann. Featuring a private deck, spacious back yard and off-street parking, this property has tremendous potential.
Multi-familyProperty Type
1900Year Built
5,184 sq ftLot Size
$291Est. Price/Sq.Ft.
2 spacesParking
Listed by James Brown• Molisse Realty Group LLC
Bought with Fred Newton• Sovereign Realty Advisors, LLC
In-town two family with off street parking and a wonderful backyard for all your outdoor enjoyment. New gas, water & sewer lines currently being installed in street. Unit #1 has the potential for 2 bedrooms as a wall has previously been removed. And Unit #2 has one bedroom with 1 1/4 baths. Newer electrical work, furnaces and superstore hot water heaters. Shared water meter but all other utilities are separate. Being sold "As Is".
Year
Property tax
Land + Additions
Assessment*
2023
$2,595 (−3.0%)
$118,500 + $126,500
$245,000
2022
$2,674 (−23.7%)
$103,000 + $125,000
$228,000
2021
$3,504 (−10.4%)
$93,700 + $188,000
$281,700
2020
$3,910 (+6.7%)
$93,700 + $223,400
$317,100
2019
$3,664 (+6.4%)
$93,700 + $195,000
$288,700
2018
$3,443 (+6.5%)
$93,700 + $172,600
$266,300
2017
$3,232 (+8.5%)
$84,400 + $160,600
$245,000
2016
$2,978 (+1.6%)
$84,300 + $134,500
$218,800
2015
$2,931 (−13.0%)
$84,300 + $130,400
$214,700
2014
$3,368 (+3.0%)
$84,300 + $175,200
$259,500
2013
$3,270
$89,200 + $169,900
$259,100
2012
$3,267 (+2.3%)
$91,000 + $177,200
$268,200
2011
$3,192 (+6.4%)
$95,900 + $186,300
$282,200
2010
$2,999 (−6.7%)
$97,800 + $188,100
$285,900
2009
$3,214
$103,000 + $231,800
$334,800
Tax history for 18 Spring St
Year
Property tax
Land + Additions
Assessment*
2023
$2,595 (−3.0%)
$118,500 + $126,500
$245,000
2022
$2,674 (−23.7%)
$103,000 + $125,000
$228,000
2021
$3,504 (−10.4%)
$93,700 + $188,000
$281,700
2020
$3,910 (+6.7%)
$93,700 + $223,400
$317,100
2019
$3,664 (+6.4%)
$93,700 + $195,000
$288,700
2018
$3,443 (+6.5%)
$93,700 + $172,600
$266,300
2017
$3,232 (+8.5%)
$84,400 + $160,600
$245,000
2016
$2,978 (+1.6%)
$84,300 + $134,500
$218,800
2015
$2,931 (−13.0%)
$84,300 + $130,400
$214,700
2014
$3,368 (+3.0%)
$84,300 + $175,200
$259,500
2013
$3,270
$89,200 + $169,900
$259,100
2012
$3,267 (+2.3%)
$91,000 + $177,200
$268,200
2011
$3,192 (+6.4%)
$95,900 + $186,300
$282,200
2010
$2,999 (−6.7%)
$97,800 + $188,100
$285,900
2009
$3,214
$103,000 + $231,800
$334,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
2,040
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Essex County
APN
1893901
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1
Laundry Information
Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Interior Features
# of Rooms (Total): 8
Flooring: Wood, Tile, Carpet, Laminate
Interior Features: Living Room, Kitchen, Dining Room
Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 2,056
Foundation Details: Brick/Mortar
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Exterior Features
Roof: Shingle
Patio And Porch Features: Deck
Property Information
PropertySubType: 2 Family - 2 Units Side by Side
Other Structures: Shed(s)
Lot Information
Lot Size (Acres): 0.12
Lot Features: Level
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $3,664
Tax Year: 2019
Utilities
Utility Information
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service
Heating & Cooling
Has Heating
Heating: Baseboard, Natural Gas
Heating Units: 2
Cooling Units: 0
Location
Location Information
Directions: Main Street to Prospect Street to Spring Street
UnparsedAddress: 18 Spring St, Gloucester MA 01930
Community Information
Senior CommunityYN: No
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,040
Stories: 2.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Essex County
APN: 1893901
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 4
Listing Information
StandardStatus: Closed
Around this home
Schools
East Veterans Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Ralph B O'Maley Innovation Middle School
Public 6-8 • Assigned • 1.3mi
5/10
Gloucester High School
Public 9-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 89° expected this year, 17 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Gloucester, MA • 01930
Average low and high temperatures (°F)
33
21
35
22
47
32
55
40
65
50
76
60
80
65
76
61
71
57
62
48
52
38
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$569,000 – $689,000
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