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197 E. Main U:1&2Gloucester, MA 01930

For Sale

$899,000

Smart Buyer Rebate $4,495

Iconic and storied East Gloucester location with three floors of amazing potential! First floor condo unit is formerly Duckworth's Bistrot. This space could be a restaurant, office or business or could be converted to residential with a special permit. First floor consists of a large great room with beautiful floor to ceiling windows, half bath, kitchen and washroom. Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of the harbor. Large roof deck overlooking Smith Cove and Gloucester Harbor. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. (Two other condo units are possibly available if desired for a total of 4 units. Inquire about pricing). Outdoor space currently holds a walk-in refrigerator but could be a patio space. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner and Rocky Neck minutes away.

Listed by Gillian Harnish Bouchie

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Engel & Volkers By the Sea

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978-985-2441

Listed by Andree Robert

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Engel & Volkers By the Sea

Listed by Andree Gillian Group

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Engel & Volkers By the Sea

Last updated November 18, 2025

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Source: MLSPin #73448930

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Gloucester
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu44
  • Taxes$4,352.96/year
  • Size2,305 sqft
  • Price per sqft$390

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

11/12/2025
Price Decreased
$899,000
10/29/2025
Listed by Engel & Volkers By the Sea
$999,000

Property Details for 197 E. Main U:1&2

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House Of Worship, Marina, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle, Rubber
  • Stories: 6
  • Stories Total: 6
  • Window Features: Picture Window
  • Year Built: 1900
  • Year Built Details: Renovated Since
  • Construction Materials: Frame
  • Exterior Features: Balcony/Deck

Features

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

Measurements

  • Building Area Total: 2,305
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.06
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,460
  • Lot Size Units: Acres

Financial

Taxes

  • Tax Annual Amount: $4,352.96
  • Tax Assessed Value: $447,862.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Refrigerator, Dishwasher
  • Flooring: Wood, Tile, Vinyl, Carpet, Varies, Hardwood
  • Interior Features: Ceiling Fan(s), Storage, Open Floorplan, Office/Den, Living Room, Dining Room, Kitchen

Measurements

  • Living Area: 2,305
  • Living Area Source: Measured

Rooms

  • Basement: Partial, Unfinished
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Rooms Total: 18

Other

General

  • Exclusions: Washer And Dryer Are Not Included.

Parking

Parking

  • Open Parking: Yes

Utilities

Equipment

  • Cooling: Ductless, None
  • Electric: 220 Volts, Individually Metered
  • Heating: Hot Water, Oil, Common, Baseboard
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Varies Per Unit
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 3 bedrooms and 2 bathrooms in this multi-family home at 197 E. Main U:1&2.

What are the annual taxes for 197 E. Main U:1&2?

Annual taxes for this multi-family home are estimated at $4,352.

How does 197 E. Main U:1&2 compare to other multi-family homes in East Gloucester?

This multi-family home is listed 70% below the average price for multi-family homes in East Gloucester and has been on the market for 15 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,305 sqft.

197 E. Main U:1&2 is a 3-bedroom, 2-bath multi-family home for sale in Gloucester MA 01930. Listed on Prevu for 44 days at $899,000. This includes a recent price decrease of $100,000. This property features 2,305 square feet of living space, located in East Gloucester. The median listing price for multi-family homes in this area is $1,950,000. Additional amenities include private outdoor space, dishwasher, and parking. View other multi-family home listings in Gloucester.

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.