222 Main St Gloucester MA 01930 MLS #73533333

There are multiple listings for this address:
222 Main St
Gloucester, MA, 01930
$2,590,000
14 Beds
10 Baths
6,700 SqFt
0.07 Acres
$2,590,000
222 Main St
Gloucester, MA, 01930
MLS #73533333 image #0
10-unit downtown Gloucester, consisting of 7 residential units & 3 commercial units w/ strong in-place income and long-term upside. The property generates approximately $262,920 in gross annual income w/ operating expenses of ~$71,000, delivering an attractive 7.4% cap rate; increasingly difficult to find in today’s market. Lead compliant certificates for 7 residential units. This asset has been significantly improved, featuring a new roof, updated siding, newer windows, and a rebuilt rear deck, minimizing near-term capital expenditures. Highly walk-able downtown location, tenants benefit from proximity to shops, restaurants, the waterfront, and public transportation supporting strong rental demand across both residential and commercial units. Ideal for an investor seeking stable cash flow with upside, or a 1031 exchange buyer looking to trade into a larger, higher-performing asset in a prime coastal market.

Property Details

Price:
$2,590,000
MLS #:
73533333
Status:
Active
Beds:
14
Baths:
10
Type:
Multi Family
Listed Date:
Jun 10, 2026
Finished Sq Ft:
6,700
Lot Size:
2,927 sqft / 0.07 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Financial

Tax Year
2026
Taxes
$8,328
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

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Current real estate data for Multi Family in Gloucester as of Jun 20, 2026
14
Multi Family Listed
66
Avg DOM
384
Avg $ / SqFt
$1,212,336
Avg List Price

Community

Similar Listings Nearby

broker reciprocity
MLS# 73528679broker reciprocity
9 Oxford Rd
Gloucester, MA

$2,100,000

2.0 miles away

Property Summary

    222 Main St Gloucester MA is a Multi Family for sale in Gloucester, MA, 01930. It is listed for $2,590,000 To schedule a showing of MLS#73533333 at 222 Main St in Gloucester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
222 Main St
Gloucester, MA
222 Main St
Gloucester, MA, 01930
$2,590,000
Beds
0 Baths
0 SqFt
0.07 Acres
$2,590,000
222 Main St
Gloucester, MA, 01930
MLS #73533334 image #0
10-unit downtown Gloucester, consisting of 7 residential units & 3 commercial units w/ strong in-place income and long-term upside. The property generates approximately $262,920 in gross annual income w/ operating expenses of ~$71,000, delivering an attractive 7.4% cap rate; increasingly difficult to find in today’s market. Lead compliant certificates for 7 residential units. This asset has been significantly improved, featuring a new roof, updated siding, newer windows, and a rebuilt rear deck, minimizing near-term capital expenditures. Highly walk-able downtown location, tenants benefit from proximity to shops, restaurants, the waterfront, and public transportation supporting strong rental demand across both residential and commercial units. Ideal for an investor seeking stable cash flow with upside, or a 1031 exchange buyer looking to trade into a larger, higher-performing asset in a prime coastal market.

Property Details

Price:
$2,590,000
MLS #:
73533334
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Jun 10, 2026
Lot Size:
2,927 sqft / 0.07 acres (approx)
Year Built:
1900

Schools

Interior

Exterior

Financial

Tax Year
2026
Taxes
$8,328
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Current real estate data for Commercial in Gloucester as of Jun 20, 2026
14
Commercial Listed
66
Avg DOM
384
Avg $ / SqFt
$1,212,336
Avg List Price

Community

Similar Listings Nearby

broker reciprocity
MLS# 73494323broker reciprocity
41 Hough Avenue
Gloucester, MA

$2,100,000

1.3 miles away

Property Summary

    222 Main St Gloucester MA is a Commercial for sale in Gloucester, MA, 01930. It is listed for $2,590,000 To schedule a showing of MLS#73533334 at 222 Main St in Gloucester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.