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89 Prospect StreetGloucester, MA 01930Sale Price: $535,000

  • Sale Price: $535,000
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $535,000Sale Price
  • 5Bedrooms
  • 3Bathrooms
  • 2,500Square Feet
  • 0.11Acreage

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Attention Contractors and Investors! Here’s a rare 3 family home in the heart of Gloucester. The home has 3 units – The first unit is in the partially finished, walk out basement. It has one bedroom. The 2nd unit is on the main floor and has 2 bedrooms. The 3rd unit is on the second and third floor, the main level has a spacious kitchen and living room, a smaller extra room, a bathroom, and access to the deck. The third floor has 2 bedrooms, and a couple of unfinished rooms for storage or expansion potential. There is a good sized yard, 3 parking spaces, and a large storage shed that while structurally sound, needs work. Electric is on one meter, and heat/hot water is paid by each unit. The home has vinyl siding, newer windows and newer roof. Sold as-is and with currently paying tenants who would like to stay. This property will likely not comply with FHA financing requirements. Units 2 & 3 are in good shape. Unit 1 needs work. ***Group Showings by Appointment Only**

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Listed by Bob Raiche of Century 21 North East

Sold by Lane Team of North Shore's Gold Coast Realty

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