119 Pleasant St - Multi-Family FOR SALE


Gloucester, MA 01930- North Shore
$800,000 USD
781-776-4000
119 Pleasant St, Gloucester, MA for Sale
$800,000 USD
Multi-Family - FOR SALE
1/9
null | 6.5% Cap Rate

119 Pleasant St
Gloucester, MA 01930
North Shore


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Inviting Coastal Community
  • Separately Metered Utilities
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 119 Pleasant Street in Gloucester, MA (the “Property”). The multi-story building contains three (3) total units comprised of two (2) 2-Bedroom/1-Bathroom units and one (1) 1-Bedroom/1-Bathroom unit with 2,228 square feet of gross living area and 3,952 square feet of gross area. The Property is situated upon a 0.06-acre parcel and offers parking with two (2) spaces available. The Property is strategically located near Gloucester’s historic downtown and vibrant harborfront, offering excellent visibility and convenient accessibility. The property benefits from direct access to Route 128, providing seamless regional connections to Beverly, Salem, and Greater Boston. The surrounding neighborhood features a strong mix of residential, commercial, and maritime activity, with nearby retail, dining, beaches, and cultural attractions enhancing tenant convenience and appeal. Its central location within one of Massachusetts’ most desirable coastal communities supports long-term demand and lifestyle-driven occupancy.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$202 USD /SF

# OF UNITS

3

PRICE/UNIT

$266,667

CAP RATE

6.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

119 Pleasant St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.