OFF MARKET

Off Market Nov 2022 for $1M

$1,055,749

•

3,812

sq ft

2 - 4 Riggs St, Gloucester, MA 01930

About this home

DON'T WAIT on this Investor / Owner Occupied Opportunity! Completely renovated 4 Unit apartment building just off of the "Boulevard". 4 Meticulously renovated units that are occupied with Tenant at Will Agreements. All separately metered with updated electric and gas make this a manageable cash flow opportunity. Boilers were replaced in 2011. Water tanks have also been replaced / Units 1 & 4 in 2021, hot water tank for coin-op washer replaced in 2020. Each unit features a newer kitchen including cabinets and appliances, modern renovated baths, refinished wood floors. The list of improvements is endless: a Coin - Op washer dryer in the basement / 2021, back rubber roof replaced in 2021, Mansard shingles replaced in 2013, electric from the street and 5 electric panels in 2011, windows replaced in 2011 and 2012, both front cement stairs and left retaining wall replaced in 2020, commercial gutters and plastic fascia boards all new in 2021. Cash Flow and NOI on request. Cap Rate of 6.53%

Multi-familyProperty Type

1900Year Built

3,920 sq ftLot Size

$277Est. Price/Sq.Ft.

Listed by Kevin Street • Keller Williams Realty Evolution

Bought with Fred Newton • Sovereign Realty Advisors, LLC

Redfin checked: a minute ago

•Source:MLS PIN #73041182

Redfin Estimate

$1,055,749

$5,749 since sold in November 2022$270K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.3% higher than the average sale price ($1.01M) of 6 comparable homes.

SOLD JUL 6, 2026
$675,000
A
5 beds2 baths2,032 sq ft
30 Addison St, Gloucester, MA 01930
SOLD MAR 11, 2026
$1,525,000
B
5 beds4 baths2,415 sq ft
55 Mansfield St, Gloucester, MA 01930
SOLD MAY 28, 2026
$1,060,000
C
8 beds3 baths3,752 sq ft
34 Summer St, Gloucester, MA 01930
SOLD APR 14, 2026
$935,000
D
6 beds3 baths2,389 sq ft
20 Beacon St, Gloucester, MA 01930
SOLD JAN 9, 2026
$1,030,000
E
6 beds3 baths3,555 sq ft
5 Washington Sq, Gloucester, MA 01930
SOLD JUN 18, 2026
$850,000
F
6 beds3.5 baths2,078 sq ft
27 Addison St, Gloucester, MA 01930

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Earn from this home

Sell

$222,426

Est. take-home

List your home with Redfin and save $5,279

Market trends in 01930, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.6%

0.0% MoM

Median sale price

$725K

$20K MoM

Avg. days on market

25d

3 days MoM

Recently sold homes

17 MoM

New listings for sale

NEW 27 HRS AGO
$749,900
3 beds2 baths1,854 sq ft
49 Woodward Ave, Gloucester, MA 01930
NEW 29 HRS AGO
$579,000
2 beds1.5 baths900 sq ft
1105 Washington, Gloucester, MA 01930
OPEN SUN, 10:30AM TO 12PM
$599,000
3 beds1.5 baths1,336 sq ft
4 Lynwood, Gloucester, MA 01930
$875,000
5 beds2 baths2,530 sq ft
1 Granite Ct, Gloucester, MA 01930
OPEN SUN, 1PM TO 2:30PM
$284,900
2 beds1 bath647 sq ft
16 Cleveland Pl #8, Gloucester, MA 01930
OPEN SEP 13, 12PM TO 2PM
$2,100,000
4 beds3.5 baths3,100 sq ft
8 Orchard Rd Unit B, Gloucester, MA 01930
$325,000
Studio1 bath955 sq ft
27 Washington St #27, Gloucester, MA 01930
$699,000
4 beds2 baths1,933 sq ft
20 Marble St, Gloucester, MA 01930
See all

Provided by Redfin

Sale history for 2 - 4 Riggs St

Date

Event

Price

MLS PIN #73041182

Nov 10, 2022

Sold

$1,050,000

$275/sq ft

Sep 27, 2022

Listed

$995,000

$261/sq ft

MLS PIN #71161630

Mar 4, 2011

Listing Removed

—

Feb 28, 2011

Sold

$230,000

$60/sq ft

Nov 12, 2010

Contingent

—

Nov 11, 2010

Listed

$250,000

$66/sq ft

Desirable investment property 300 yards from Stacy Blvd. Large, gracious 4-unit antique with 10 foot ceilings, elegant crown molding, hw floors, and oversized Victorian windows. Two 2-Bd, one 2+, one 3-Bd renovated units . Currently one unit under construction, and three units TAW; 2 at $1000. and 1 at $1300. Opportunity to own a piece of Gloucester history; a home George Stacey moved from the Blvd. Beautiful home rumored to once be his sisters'. St. parking

MLS PIN #12008471

Nov 8, 1994

Sold

$95,000

$25/sq ft

Oct 9, 1993

Listed

$118,500

$31/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 11, 2023.

Property details

Parking

Parking Information
Has Open Parking

Interior

Bathroom Information
# of Bathrooms (Full): 4

Basement Information
Basement: Full, Interior Entry, Concrete, Unfinished

Interior Features
# of Rooms (Total): 21
Window Features: Insulated Windows
Flooring: Wood, Vinyl, Carpet
Interior Features: Lead Certification Available, High Speed Internet, Upgraded Cabinets, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Pantry, Living Room, Kitchen, Dining Room, Office/Den

Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N

Unit #3 Information
# of Levels: 2
# of Floors: 2
Lease: N

Unit #4 Information
# of Levels: 1
# of Floors: 1
Lease: N

Exterior

Building Information
Building Area (Total): 3,812
Foundation Details: Stone, Brick/Mortar, Granite, Irregular
Construction Materials: Frame
Stories (Total): 7
Year Built Source: Public Records
Year Built Details: Approximate
Color: Gray

Exterior Features
Roof: Shingle, Rubber
Patio And Porch Features: Porch, Deck

Property Information
PropertySubType: 4 Family
Has Waterview
Bay, Ocean

Lot Information
Lot Size (Acres): 0.09
Lot Features: Easements
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $6,846.80
Tax Year: 2022

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered

Heating & Cooling
Has Heating
Heating: Forced Air, Natural Gas, Individual, Unit Control, Hot Water, Baseboard
Heating Units: 4
Cooling Units: 0

Location

Location Information
Directions: Western / "The Boulevard" to Middle to Riggs
UnparsedAddress: 2 - 4 Riggs St., Gloucester MA 01930

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Marina, Public School, T-Station, Sidewalks

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Essex County
APN: —

Home facts updated by county records on Apr 11, 2023

Other

Miscellaneous Information
Heat Zones: 4

Listing Information
StandardStatus: Closed

Around this home

Schools

East Veterans Elementary School

Public K-5 • Assigned • 1.1mi

5/10

Ralph B O'Maley Innovation Middle School

Public 6-8 • Assigned • 1.3mi

5/10

Gloucester High School

Public 9-12 • Assigned • 0.4mi

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)

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

$1.00M – $1.22M

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Nearby similar homes

$875,000

5 beds2 baths2,530 sq ft

1 Granite Ct, Gloucester, MA 01930

$719,999

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14 Central Ct, Beverly, MA 01915

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9 beds4 baths4,166 sq ft

8 Saunders St, Salem, MA 01970

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53 Cedar St, Salem, MA 01970

$1,299,900

8 beds3 baths4,195 sq ft

26 Abbott St, Beverly, MA 01915

$899,000

6 beds3 baths3,968 sq ft

15 1/2 Palmer, Salem, MA 01970

New listings for sale in 01930

NEW 27 HRS AGO

$749,900

3 beds2 baths1,854 sq ft

49 Woodward Ave, Gloucester, MA 01930

NEW 29 HRS AGO

$579,000

2 beds1.5 baths900 sq ft

1105 Washington, Gloucester, MA 01930

OPEN SUN, 10:30AM TO 12PM

$599,000

3 beds1.5 baths1,336 sq ft

4 Lynwood, Gloucester, MA 01930

$875,000

5 beds2 baths2,530 sq ft

1 Granite Ct, Gloucester, MA 01930

OPEN SUN, 1PM TO 2:30PM

$284,900

2 beds1 bath647 sq ft

16 Cleveland Pl #8, Gloucester, MA 01930

OPEN SEP 13, 12PM TO 2PM

$2,100,000

4 beds3.5 baths3,100 sq ft

8 Orchard Rd Unit B, Gloucester, MA 01930

$325,000

Studio1 bath955 sq ft

27 Washington St #27, Gloucester, MA 01930

$699,000

4 beds2 baths1,933 sq ft

20 Marble St, Gloucester, MA 01930

Home values near 2 - 4 Riggs St

Data from public records.

Address	Redfin Estimate
4 Riggs St, Gloucester, MA 9 Beds \| 4 Baths \| 3812 Sq. Ft.	—
12 Riggs St, Gloucester, MA 4 Beds \| 2 Baths \| 1598 Sq. Ft.	$659,548

Address	Redfin Estimate
6 Riggs St, Gloucester, MA 3 Beds \| 3 Baths \| 2000 Sq. Ft.	$660,047
7 Riggs St, Gloucester, MA 11 Beds \| 6.5 Baths \| 4066 Sq. Ft.	—

Address	Redfin Estimate
8 Riggs St, Gloucester, MA 5 Beds \| 3 Baths \| 3304 Sq. Ft.	$898,684
5 Riggs St, Gloucester, MA 5 Beds \| 3 Baths \| 2973 Sq. Ft.	$664,724

Property information provided by MLS PIN when last listed in 2022. This data may not match . Learn more.

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