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2 Ocean Ave 1JGloucester, MA 01930

For Sale

$350,000

Smart Buyer Rebate - Ask

Coastal Living at Its Best! Located in the beautiful Magnolia Village! This is a first-floor unit rare to find!! It is perfect for downsizers, first-time home buyers, or anyone seeking a coastal getaway. This charming 1-bedroom, 1-bath condo offers a comfortable living space just moments from the ocean. Enjoy the convenience of in-building laundry, assigned parking, and a private patio for relaxing outdoors. With restaurants, shops, beaches, and public transportation nearby, plus easy access to the highway and train, this condo offers the ideal blend of tranquility and convenience.  Don’t miss your chance to own a slice of Gloucester’s seaside charm!

Listed by Gabriela Debenedictis

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Coldwell Banker Realty - Manchester

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978-879-9773

Last updated September 05, 2025

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Source: MLSPin #73425003

Listing Facts

  • TypeCondo
  • NeighborhoodMagnolia
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu2
  • HOA/Maint. Fees$320.02/month
  • Taxes$2,390/year
  • Size765 sqft
  • Price per sqft$458

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

09/03/2025
Listed by Coldwell Banker Realty - Manchester
$350,000

Property Details for 2 Ocean Ave 1J

Association

Amenities

  • Association Amenities: Laundry
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Public School, T-Station, Other

Fees

  • Association Fee: $320.02 Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Exterior

Construction

  • Number Of Units Total: 42
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Window Features: Insulated Windows
  • Year Built: 2003
  • Year Built Details: Approximate
  • Architectural Style: Other (See Remarks)
  • Building Name: The Ocean Terrace Condominiums
  • Construction Materials: Frame
  • Entry Level: 1

Features

  • Waterfront Features: Beach Access, Harbor, Ocean, 0 To 1/10 Mile To Beach, Beach Ownership(Public)

Measurements

  • Building Area Total: 765
  • Building Area Units: Square Feet
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0169 B:0003 L:0001(J),1901945
  • Tax Annual Amount: $2,390.00
  • Tax Assessed Value: $245,600.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring: Plywood, Vinyl

Measurements

  • Living Area: 765
  • Living Area Source: Public Record

Rooms

  • Basement: N
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Rooms Total: 3

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved, Exclusive Parking
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes
  • Laundry Features: Common Area, In Building
  • Other Equipment: Intercom
  • Sewer: Private Sewer
  • Utilities: For Electric Range, For Electric Oven
  • 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.