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85 Prospect StreetGloucester, MA 01930Price: $1,195,000

  • Price: $1,195,000
  • Est. Mortgage of $/month
  • 11 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,195,000List Price
  • 7Bedrooms
  • 6Bathrooms
  • 0.14Acreage
  • 3,564Square Feet
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Listed by Sara Pouladian and Dan Pouladian of North Shore Realty Advisors
This 2-story six (6) unit Gable style multi family has a total rentable square footage of 3,564 with a total gross square footage of 4,600 with a unit mix of five (5) one-bedrooms and one (1) two-bedroom. The property boasts original maintained wide pine floors and sheathing from King George’s forest in New Hampshire and is stamped with hand forged nails. All units have decorative fireplaces and custom built-in cabinetry. Large backyard with porch and grass areas. At the back of the building is a large shed for storage. 85-87 Prospect offers investors the opportunity to own in downtown Gloucester while bringing undervalued rents to market through strategic renovations.

Property Details of 85 Prospect Street

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