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    119 Pleasant St Gloucester, MA 01930

    For Sale
    $800,000

    Three units, off-street parking, convenient transportation options.

    Lot size:
    0.06 Acres

    Property Features for 119 Pleasant St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1900

    Source: Horvath & Tremblay Agent Stephen Girolamo

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

    Overview

    Gloucester Triplex with Parking

    119 Pleasant St is a multifamily property containing three units: two 2-bed/1-bath units and one 1-bed/1-bath unit. The property includes off-street parking with two spaces available. Each unit is separately metered for electricity and gas-powered heat and hot water, with tenants responsible for these utilities. The landlord covers common area electricity, domestic water, and sewer. The location provides convenient access to transportation, including local bus service by the Cape Ann Transportation Authority (CATA) with fare-free routes through December 2025, connecting Gloucester to Rockport, Essex, Ipswich, and other local destinations. The MBTA Commuter Rail Rockport Branch, accessible via the nearby Gloucester station, offers direct train service to Boston's North Station and other North Shore locations. Massachusetts Route 128, a major highway, provides regional connectivity to the Greater Boston area and interstate corridors throughout Massachusetts.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -70.6636191
    Latitude
    42.6178671

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    FAQs

    What type of property is this?
    Triplex - Three units, off-street parking, convenient transportation options.
    Where is this triplex located?
    The property is located at 119 Pleasant St Gloucester, MA.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Three total units: (2) 2-Bed/1-Bath & (1) 1-Bed/1-Bath.; - Off-street parking with 2 spaces.; - Tenants pay for their own electricity, gas heat, and hot water.
    (978) 406-1789
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    119 Pleasant St Gloucester, MA 01930
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    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
    119 Pleasant St Gloucester, MA 01930
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