Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5 Washington Sq Gloucester, MA 01930

    For Sale
    $1,149,000

    Multi-family residence with six bedrooms, deck, and fenced backyard.

    Lot size:
    0.13 Acres

    Property Features for 5 Washington Sq

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1900

    Source: J. Barrett & Company Agent Grace Ciaramitaro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Multi-Family Home, Gloucester

    Located at 5 Washington Sq, Gloucester, MA, this multi-family residence in Essex County offers a home with potential. The kitchen features a backsplash. The property includes a deck, an outdoor living space, and a fenced backyard. This residence offers 6 bedrooms and 3 full bathrooms within its 3 stories and 3555 square feet of living area, all situated on a 5840 square foot lot. Constructed in 1900, the first and second floors also have an office.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.6684192
    Latitude
    42.6130019

    Nearby Similar for Sale

    • $899,000
      2,305 SF

      East Gloucester Mixed-Use Opportunity

      Iconic location with restaurant and residential potential.
      197 E Main U 1&2, Gloucester, MA 01930
      View Details
    • $1,500,000
      3,085 SF

      Iconic Waterfront Restaurant Opportunity

      Established restaurant with deep-water boat slips in historic Rocky Neck.
      73 Rocky Nck Ave 1, Gloucester, MA 01930
      View Details
    • New
      $399,000
      0.06 Acres

      East Gloucester Commercial Condo Opportunity

      Commercial condo in East Gloucester with potential for various uses.
      197 E Main 1, Gloucester, MA 01930
      View Details
    • $1,250,000
      3,400 SF

      Gloucester Mixed-Use Investment Opportunity

      Three-unit bundle with retail and residential income potential.
      0000 Confidential Ave, Gloucester, MA 01930
      View Details
    • $3,200,000
      6,600 SF

      Gloucester Commercial Property with Development Potential

      Retail property with development potential and established tenants in Gloucester, MA.
      0000 Confidential Ave, Gloucester, MA 01930
      View Details
    • $800,000

      Gloucester Triplex with Parking

      Three units, off-street parking, convenient transportation options.
      119 Pleasant St, Gloucester, MA 01930
      View Details

    FAQs

    What type of property is this?
    Apartment building - Multi-family residence with six bedrooms, deck, and fenced backyard.
    Where is this apartment building located?
    The property is located at 5 Washington Sq Gloucester, MA.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: - Multi-family residence with 6 bedrooms and 3 full bathrooms.; - Boasts a substantial 3,555 sq ft of living space on a 5,840 sq ft lot.; - Enjoy outdoor living with a deck and fenced backyard.
    (978) 807-6186
    Request Owner's contact information
    5 Washington Sq Gloucester, MA 01930
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Washington Sq
    Gloucester, MA 01930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Washington Sq Gloucester, MA 01930
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.