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185 Washington StreetGloucester, MA 01930

For Sale

$519,900

Smart Buyer Rebate - Ask

MIXED USE BUILDING located in a high-traffic, high visibility location and containing a commercial unit on the 1st floor and a one-bedroom residential rental unit located on the 2nd floor above the retail space. The apartment is currently rented to a tenant-at-will at below market rent and will be delivered vacant at closing. Excellent income potential! Commercial unit is in turnkey condition! Great opportunity for a live/work situation! Additionally, there is potential to convert the property into 2 residential units. Conveniently located near highway and commuter rail, and close to Gloucester's historic downtown!

Listed by Mark T. Vadala

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Vadala Real Estate

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978-490-0939

Listed by Daniel Vadala

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Vadala Real Estate

Last updated September 03, 2025

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Source: MLSPin #73404309

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Gloucester
  • Bedrooms1
  • Bathrooms2
  • Days on Prevu53
  • Taxes$3,417.17/year
  • Size1,152 sqft
  • Price per sqft$451

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

09/03/2025
Price Decreased
$519,900
07/14/2025
Listed by Vadala Real Estate
$529,900

Property Details for 185 Washington Street

Association

Amenities

  • Community Features: Public Transportation, Highway Access, House Of Worship, T-Station, Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Asphalt/Composition Shingles
  • Stories: 2
  • Stories Total: 2
  • Window Features: Insulated Windows, Screens
  • Year Built: 1930
  • Year Built Details: Approximate,Renovated Since
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters, Varies Per Unit

Features

  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Waterfront Features: Ocean, 1/2 To 1 Mile To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 1,152
  • Building Area Units: Square Feet
  • Frontage Length: 29
  • Lot Features: Corner Lot, Easements, Level
  • Lot Size Acres: 0.03
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,275
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $17,700.00

Taxes

  • Parcel Number: M:0038 B:0021 L:0000,1895665
  • Tax Annual Amount: $3,417.17
  • Tax Assessed Value: $351,200.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Other, Range, Refrigerator
  • Flooring: Wood, Tile, Varies, Hardwood
  • Interior Features: Remodeled, Internet Available - Broadband, Other, Storage, High Speed Internet, Bathroom With Tub & Shower, Living Room, Kitchen

Measurements

  • Living Area: 1,152
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1
  • Rooms Total: 5

Other

Environmental

  • Green Energy Efficient: Thermostat, Varies per Unit

Location

  • Tax Lot: 21

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Shared Driveway

Utilities

Equipment

  • Cooling: Heat Pump, Individual, Unit Control, Ductless, None
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered, Varies Per Unit
  • Heating: Heat Pump, Electric, Individual, Unit Control, Ductless, Natural Gas, Wall Unit
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: For Electric Dryer, Washer Hookup, Varies Per Unit
  • Water Source: Public

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.