222 Main St
Gloucester, MA 01930
- 14 Beds
- 10 Baths
- 6,700 sqft
14 Beds
10 Baths
6,700 sqft
Local Information
-- mins to
Description
10-unit downtown Gloucester, consisting of 7 residential units & 3 commercial units w/ strong in-place income and long-term upside. The property generates approximately $262,920 in gross annual income w/ operating expenses of ~$71,000, delivering an attractive 7.4% cap rate; increasingly difficult to find in today’s market. Lead compliant certificates for 7 residential units. This asset has been significantly improved, featuring a new roof, updated siding, newer windows, and a rebuilt rear deck, minimizing near-term capital expenditures. Highly walk-able downtown location, tenants benefit from proximity to shops, restaurants, the waterfront, and public transportation supporting strong rental demand across both residential and commercial units. Ideal for an investor seeking stable cash flow with upside, or a 1031 exchange buyer looking to trade into a larger, higher-performing asset in a prime coastal market.
Home Highlights
Parking
0 Open Spaces
Outdoor
Deck
HOA
None
Price/Sqft
$387
Listed
32 days ago
Home Details for 222 Main St
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Interior Details Basement: Partial,Crawl Space,Sump PumpNumber of Rooms: 40 |
Beds & Baths Number of Bedrooms: 14Number of Bathrooms: 10Number of Bathrooms (full): 10 |
Dimensions and Layout Living Area: 6700 Square Feet |
Fireplace & Spa No FireplaceNo Spa |
Levels, Entrance, & Accessibility Number of Stories: 5 |
View Has a ViewView: Water, Harbor |
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Exterior Home Features Roof: Shingle RubberPatio / Porch: DeckFoundation: Stone, Brick/Mortar, Granite |
Parking & Garage No GarageHas Open ParkingParking: On Street |
Frontage Waterfront: Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 6700 |
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Days on Market: 32 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Family - 5+ Units Up/Down |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Parcel Number: M:0013 B:0017 L:0000, 1893957 |
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Price List Price: $2,590,000Price Per Sqft: $387 |
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MLS Status: Active |
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Direction & Address City: Gloucester |
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Listing Agent Listing ID: 73533333 |
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Building Area Building Area: 6700 Square Feet |
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Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-StationNot Senior Community |
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Lot Area: 2927 sqft |
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Listing Terms: Contract |
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BasementMls Number: 73533333Water ViewWater View: Harbor, WaterAbove Grade Unfinished Area: 6700 |
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Public TransportationShoppingWalk/Jog TrailsMedical FacilityLaundromatHighway AccessPublic SchoolT-Station |
Last check for updates: about 12 hours ago
Listing courtesy of Stephen Martin, (617) 212-3251
Aluxety, (800) 806-3212
Source: MLS PIN, MLS#73533333
Also Listed on MLS PIN.
Market trends in Gloucester
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
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Available listings
91
6MoM
Price History for 222 Main St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/10/2026 | $2,590,000 | Listed For Sale | MLS PIN #73533333 |
| 08/10/2020 | $1,300,000 | Sold | N/A |
| 05/28/2020 | $1,400,000 | Pending | Agent Provided |
| 05/13/2020 | $1,400,000 | Listed For Sale | Agent Provided |
| 02/02/1988 | $275,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $1,269,700 |
Home facts updated by county records
Comparable Sales for 222 Main St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $980,000 | 10/17/25 | 9 | 6 | 4,330 | |
0.35 | Multi-Family Home | $850,000 | 06/18/26 | 6 | 3.5 | 2,078 | |
0.34 | Multi-Family Home | $760,000 | 05/19/26 | 6 | 3 | 2,598 | |
0.34 | Multi-Family Home | $750,000 | 12/29/25 | 5 | 3 | 2,228 | |
0.18 | Multi-Family Home | $580,000 | 11/07/25 | 5 | 2 | 2,636 | |
0.45 | Multi-Family Home | $1,030,000 | 01/09/26 | 6 | 3 | 3,555 | |
0.46 | Multi-Family Home | $1,100,000 | 11/25/25 | 6 | 4 | 2,790 | |
0.53 | Multi-Family Home | $1,060,000 | 05/28/26 | 8 | 3 | 3,752 | |
0.56 | Multi-Family Home | $1,525,000 | 03/11/26 | 5 | 4 | 2,415 | |
0.36 | Multi-Family Home | $675,000 | 07/06/26 | 5 | 2 | 2,032 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 222 Main St.
What Locals Say about Gloucester
At least 179 Trulia users voted on each feature.
88 % Say it's dog friendly
82 % Say people would walk alone at night
72 % Say yards are well-kept
72 % Say there's holiday spirit
71 % Say car is needed
68 % Say there are sidewalks
68 % Say there's wildlife
68 % Say parking is easy
65 % Say neighbors are friendly
64 % Say streets are well-lit
62 % Say it's walkable to restaurants
60 % Say they plan to stay for at least 5 years
60 % Say kids play outside
59 % Say it's walkable to grocery stores
52 % Say it's quiet
46 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Stephen Martin, Aluxety, (800) 806-3212
Agent Phone: (617) 212-3251
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
222 Main St, Gloucester, MA 01930 is a 14 bedroom, 10 bathroom, 6,700 sqft multi-family built in 1900. This property is currently available for sale and was listed by MLS PIN on Jun 10, 2026. The MLS # for this home is MLS# 73533333.

