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$1,250,000

Active

23 Mount Vernon St

Gloucester, MA, 01930

Multi-Family · MLS #73499191

Price/sqft

$366

Days on market

22 days

Year built

1900

Lot size

0.16 ac

3,416 sq ft

Sq Ft

0.16 acres

Lot

1900

Year Built

Taxes: $7,510 (2025)

About this home

Rare opportunity to own a five-unit multifamily property in the heart of downtown Gloucester. Ideally located close to shops, restaurants, and the waterfront, this building offers beautiful views of Our Lady of Good Voyage, Gloucester Harbor, and Ten Pound Island. The property consists of five residential units, four of which will be delivered vacant, providing immediate flexibility for an owner-occupant or investor. One unit will remain occupied, lease in place til 3/31/27. The building features classic coastal character and strong long-term rental potential in one of Cape Ann’s most desirable locations. Newer roof and siding, all separate utilities, one off-street parking space, potential for more parking in rear.

Location

23 Mount Vernon St, Gloucester, MA, 01930

Property details

Road type
Public
Electric
Individually Metered

Listed by Atlee Alman · Vadala Real Estate

Schedule a showing

23 Mount Vernon St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,467 / month

Down payment20% · $250,000
Interest rate6.50%

Loan term

Principal & interest
$6,321
Property tax
$626
Home insurance
$521

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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