Home Highlights
Parking
0 Open Spaces
Outdoor
Deck
Price/Sqft
$387
Listed
77 days ago
Local Information
-- mins to
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
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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: 77 |
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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 |
Around this home
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.
Market trends in Gloucester
Last updated July 2026
Avg. sale price
$726K
Sale-to-List Price
99.9%
Price per sq ft
$449
Available listings
89
2MoM
Home Value
Trulia Estimate
$2.41MSince 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
| Month | Estimated 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
| Date | Event | Price |
|---|---|---|
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 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | Unavailable | $1,269,700 |
Home facts updated by county records
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.
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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.

