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    4 Mount Vernon St Gloucester, MA 01930

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    For Sale
    $699,900

    Two-family home in desirable Gloucester neighborhood, close to amenities.

    Lot size:
    0.04 Acres

    Property Features for 4 Mount Vernon St

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1900

    Source: Cameron Real Estate Group Agent David Tran

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

    Overview

    Income-Producing Two-Family Home

    This two-family home presents an opportunity for investors or owner-occupants. Located in a desirable Gloucester neighborhood, this income-producing property features two units, each containing a living room, full bath, kitchen, dining room, and three bedrooms. The second-floor unit includes a cathedral-ceiling living room and a laundry nook. Additional features consist of a full basement for storage and two small decks. Utilities are separately metered. The property is located near the waterfront, restaurants, shops, and playgrounds, with access to Route 128 and the MBTA.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -70.6586101
    Latitude
    42.6171613

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    FAQs

    What type of property is this?
    Duplex - Two-family home in desirable Gloucester neighborhood, close to amenities.
    Where is this duplex located?
    The property is located at 4 Mount Vernon St Gloucester, MA.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Income-producing 2-family home in a desirable Gloucester neighborhood.; - Centrally located near waterfront, restaurants, shops, and playgrounds.; - Easy access to Rt. 128 and the MBTA.
    (781) 600-1231
    Request Owner's contact information
    4 Mount Vernon 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
    4 Mount Vernon St Gloucester, MA 01930
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