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35 Reservoir RdGloucester, MA 01930

For Sale

$1,199,000

Smart Buyer Rebate $5,995

Well-maintained two-family home in a convenient Gloucester location offering strong income potential and flexibility for both investors and owner-occupants. This property features two spacious units with a total of 5 bedrooms and 2 full baths, with the potential to be used as a single-family or multi-generational home if desired.Each unit offers a functional layout with generous room sizes and abundant natural light throughout. Additional highlights include updated baths, in-unit laundry, and a comfortable, easy flow ideal for everyday living.Situated on a 0.24-acre lot, the property includes off-street parking, a garage space, two sheds for additional storage, and outdoor space perfect for relaxing or entertaining. Ideally located near Gloucester’s beaches, downtown, restaurants, and commuter routes.

Listed by Rosalia Giacalone

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Engel & Volkers By the Sea

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978-836-8976

Last updated May 01, 2026

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Source: MLSPin #73505438

Listing Facts

  • TypeMulti-family
  • NeighborhoodGloucester
  • Bedrooms5
  • Bathrooms2
  • Days on Prevu10
  • Taxes$6,947/year
  • Size3,120 sqft
  • Price per sqft$384

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/01/2026
Price Decreased
$1,199,000
04/22/2026
Listed by Engel & Volkers By the Sea
$1,299,000

Property Details for 35 Reservoir Rd

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1980
  • Year Built Details: Actual
  • Construction Materials: Brick
  • Exterior Features: Sprinkler System

Features

  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,120
  • Building Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.24
  • Lot Size Area: 0
  • Lot Size Square Feet: 10,374
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: M:0107A B:0029 L:0000,1899041
  • Tax Annual Amount: $6,947.00
  • Tax Assessed Value: $714,700.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Oven, Range, Refrigerator, Washer/Dryer, Dishwasher
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Interior Features: Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo

Measurements

  • Living Area: 3,120
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 5
  • Rooms Total: 10

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Off Street
  • Parking Total: 5

Utilities

Equipment

  • Cooling: Central Air, Wall Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
  • Laundry Features: Washer & Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

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

There are 5 bedrooms and 2 bathrooms in this multi-family home at 35 Reservoir Rd.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 35 Reservoir Rd.

What are the annual taxes for 35 Reservoir Rd?

Annual taxes for this multi-family home are estimated at $6,947.

How does 35 Reservoir Rd compare to other multi-family homes in Gloucester?

This multi-family home is listed 8% below the average price for multi-family homes in Gloucester and has been on the market for 36 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 3,120 sqft.

35 Reservoir Rd is a 5-bedroom, 2-bath multi-family home for sale in Gloucester MA 01930. On Prevu for 10 days at $1,199,000. This includes a recent price decrease of $100,000. This home features 3,120 square feet of living space, located in Gloucester. The median listing price for multi-family homes in this area is $950,000. The home offers private outdoor space, dishwasher, air conditioning, and parking. View other multi-family home listings in Massachusetts.

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.