222 Main St, Gloucester, MA 01930
Property image
Property image
FOR SALE

$2,590,000

  • 14 Beds
  • 10 Baths
  • 6,700 sqft

222 Main St, Gloucester, MA 01930

Home Highlights

Parking
0 Open Spaces
Outdoor
Deck
Price/Sqft
$387
Listed
77 days ago

Local Information

  • Map ViewExplore the area around 222 Main St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 8 hours ago
Listing courtesy of Stephen Martin, (617) 212-3251
Aluxety, (800) 806-3212
Source: MLS PIN, MLS#73533333
Also Listed on MLS PIN.

Home Details for 222 Main St

Interior Features

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

Exterior Features

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

Days on Market

Days on Market: 77

Property Information

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

Price & Status

Price
List Price: $2,590,000Price Per Sqft: $387

Active Status

MLS Status: Active

Location

Direction & Address
City: Gloucester

Agent Information

Listing Agent
Listing ID: 73533333

Building

Building Area
Building Area: 6700 Square Feet

Community

Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-StationNot Senior Community

Lot Information

Lot Area: 2927 sqft

Offer

Listing Terms: Contract

Miscellaneous

BasementMls Number: 73533333Water ViewWater View: Harbor, WaterAbove Grade Unfinished Area: 6700

Additional Information

Public TransportationShoppingWalk/Jog TrailsMedical FacilityLaundromatHighway AccessPublic SchoolT-Station

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Trulia User
    "There are a lot of dog and dog owners who live in the neighbor of lanesville Gloucester and seem very friendly "
  • Georgeanne H.
    "It's quite far from boston or shopping the winter travel is not easy and requires the utmost attention susceptible to morning fog on roads make for caution "
  • Megmcdnld
    "Have lived here on and off over many years. Sense of community is strong, lots of farmers markets and more sustainable living projects, kid friendly"
  • Lisa C.
    "Safe neighborhood to live in. We enjoy walks and the beach is near by. The school are great. It is a very quiet area."
  • Janellesousa
    "Gloucester has a great network of affordable daycare.there are many parks and beaches that my kids enjoy. There are also some great trails and quarries. There is a dog park up at stage fort park."
  • William M.
    "Pay attention to the random people in your neighborhood as it’s a close family environment so outsiders are easy to spot"
  • Charlotte T.
    "Dogs if all breeds are welcome in this town. There is a very accommodating dog park in town and the beaches are open to dogs in the off season "
  • Jennifer L.
    "I am visiting from Albany NY and it is absolutely beautiful here. The views are breathtaking & the air is so clean & fresh. The sound of the ocean is soothing & relaxing. I would love to call this place my home."
  • Geanoulis91297
    "Commute is very easy and accessible, there are many buses, taxis and a train near downtown. There’s a beach near where i live and i can walk to it too."
  • Gordonmichael3
    "This is a good area to have kids but currently very few living here(east Main Street) East Gloucester. A playground real close by with parents bringing children daily. "
  • Elizabeth G.
    "We have fiesta every summer, a carnival basically and a parade for the fellow Italians to rejoice, and those not Italian. We have concerts at the Fitz Hugh Lane house Thursday nights in the summer, and a lot of live entertainment. Beautiful seaside spot for good food, shops, historical landmarks, parks, beaches, etc. Much love for this town and the beauty behind it. "
  • Michael B.
    "if you live in gloucester, there is no reason to leave gloucester unless you need to travel for work, fortunately i work and live here. the island life is for me :)"
  • Jennifer S. W.
    "I live between long beach and Good harbor there are many fun events i enjoy almost all events i like biking hiking and just enjoying sunsets"
  • kim02128
    "I love this area, I am born/bred returned to live in Gloucester. This area is fantastic, great for walking and easy to get around without a car."
  • Jrharpy2
    "Nice neighbors, within minutes of everything and 1&1/2 blocks from the ocean. Kids have a paradise in the summer on Good Harbor beach. "
  • Kimberly V.
    "short and Easy, a short drive across town. it is typically 10 min without traffic, 20-30 during traffic hours."
  • Jrharpy2
    "Good Harbor beach is just around the corner, which is a paradise for kids in the summer and the back shore is spectacular at all times of the year."
  • Stefani H.
    "It is clean, quiet, free from traffic and near the beach bank post office hair salon dentist acupuncturist and convenient store"
  • Holly A.
    "this beautiful location has the oldest sea port in America with the oldest art colony in America. lots of history and lots of things to do and see"
  • Steffani L.
    "While I may have just moved to the neighborhood, many people there have been residents for quite some time. They are well known to each other, and I have watched and spoken to neighbors who verify this to be true."
  • Ms m.
    "quiet and friendly, lived here for 25 years. Good schools and coastal community with many good places to eat and picnic"

Market trends in Gloucester

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$726K
Sale-to-List Price
99.9%
Price per sq ft
$449
Available listings
89
2
MoM

Home Value

Trulia Estimate
$2.41M
Since last month
Decreased$18K (-0.7%)
Since last year
Increased$273K (+12.7%)
Since last sale
Increased$1M (+85.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
August 2026$2.41M
July 2026$2.43M
June 2026$2.11M
May 2026$2.15M
April 2026$2.07M
March 2026$2.1M
February 2026$2M
January 2026$2.07M
2025
2024
2023
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
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 home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
-
4
2.5
1,433
Off Market
0.06
$780,600
4
2.5
2,490
Off Market
0.08
$492,000
3
1
1,155
Off Market
0.08
$948,800
2
2
1,750
Off Market
0.08
$655,000
2
2
1,210
Recently Sold
0.08
$825,000
2
2.5
1,423
Recently Sold
0.08
$834,000
3
2.5
1,875
Off Market
0.10
-
7
3
4,280
Off Market
0.11
$1,300,000
3
2
2,500
Recently Sold
0.11
$570,000
2
1
1,096
Recently Sold
0.11
$784,000
2
2
1,500
Recently Sold

Price and Tax history

DateEventPrice
Jun 10, 2026
Source: MLS PIN #73533333
Listed For Sale
$2,590,000
Aug 10, 2020
Source: N/A
Sold
$1,300,000
May 28, 2020
Source: Agent Provided
Pending
$1,400,000
May 13, 2020
Source: Agent Provided
Listed For Sale
$1,400,000
Feb 2, 1988
Source: N/A
Sold
$275,000

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.

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Frequently asked questions about 222 Main St

  • What is the estimated monthly payment for 222 Main St?
    Based on a $2,590,000 list price with 20% down at today's rates, the estimated monthly payment for 222 Main St in Gloucester, MA is approximately $15,685 (about $13,495 principal & interest, $2,115 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 222 Main St compare to homes in Gloucester?
    222 Main St in Gloucester, MA is listed at $2,590,000, about 257% above the $726K median sale price in Gloucester.
  • What do residents say about Gloucester?
    Residents describe Gloucester, MA as dog-friendly, well-kept, and pedestrian-friendly. See homes for sale in Gloucester, MA.
  • What are the closest schools to 222 Main St?
    The closest schools to 222 Main St in Gloucester, MA are East Veterans Elementary School (rated 5/10), Gloucester High School (rated 4/10), Ralph B O'Maley Innovation Middle School (rated 5/10).
  • Does 222 Main St have parking?
    Yes, 222 Main St in Gloucester, MA has on-site parking.
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.