Rare opportunity to own a five-unit multifamily property in the heart of downtown Gloucester. Ideally located close to shops, restaurants, and the waterfront, this building offers beautiful views of Our Lady of Good Voyage, Gloucester Harbor, and Ten Pound Island. The property consists of five residential units, four of which will be delivered vacant, providing immediate flexibility for an owner-occupant or investor. One unit will remain occupied, lease in place til 3/31/27. The building features classic coastal character and strong long-term rental potential in one of Cape Ann’s most desirable locations. Newer roof and siding, all separate utilities, one off-street parking space, potential for more parking in rear.
Listed by Atlee Alman
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Vadala Real Estate
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978-807-8096
Last updated April 13, 2026
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Source: MLSPin #73499191
Listing Facts
TypeMulti-family
NeighborhoodCentral Gloucester
Bedrooms11
Bathrooms5
Days on Prevu22
Taxes$7,510/year
Size3,416 sqft
Price per sqft$366
Amenities
Parking
Location
Mortgage Calculator
Listing History
04/09/2026
Listed by Vadala Real Estate
$1,250,000
Property Details for 23 Mount Vernon St
Exterior
Construction
Number Of Units Total: 5
Roof: Shingle
Stories: 6
Stories Total: 6
Year Built: 1900
Year Built Details: Approximate
Construction Materials: Frame
Features
Road Frontage Type: Public
View: Scenic View(s)
Waterfront Features: 1 To 2 Mile To Beach
Measurements
Building Area Total: 3,416
Building Area Units: Square Feet
Lot Size Acres: 0.16
Lot Size Area: 0
Lot Size Square Feet: 7,064
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $24,000.00
Taxes
Parcel Number: M:0030 B:0061 L:0000,1895335
Tax Annual Amount: $7,510.00
Tax Assessed Value: $772,600.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Measurements
Living Area: 3,416
Living Area Source: Public Record
Rooms
Bathrooms Full: 5
Bathrooms Total Integer: 5
Bedrooms Total: 11
Rooms Total: 22
Other
Location
Tax Lot: 61
Parking
Parking
Open Parking Spaces: 1
Open Parking: Yes
Parking Features: Off Street
Parking Total: 1
Utilities
Equipment
Electric: Individually Metered
Heating: Baseboard, Natural Gas
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 11 bedrooms and 5 bathrooms in this multi-family home at 23 Mount Vernon St.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 23 Mount Vernon St.
What are the annual taxes for 23 Mount Vernon St?
Annual taxes for this multi-family home are estimated at $7,510.
How does 23 Mount Vernon St compare to other multi-family homes in Central Gloucester?
This multi-family home is listed 28% above the average price for multi-family homes in Central Gloucester and has been on the market for 21 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 3,416 sqft.
23 Mount Vernon St is a 11-bedroom, 5-bath multi-family home for sale in Gloucester MA 01930. Listed on Prevu for 22 days at $1,250,000. This residence features 3,416 square feet of living space, located in Central Gloucester. The median listing price for multi-family homes in this area is $684,500. The home offers parking. Explore more multi-family home listings in Gloucester.
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