45 & 43 Englewood Road, Gloucester, MA 01930
Two-family home with studio, additional lot, near Gloucester and Manchester.
- Added:
- Apr 12, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 21 at 6:21 am
Property Features for 45 & 43 Englewood Road
General Information
- Standard status
- Active
- Size
- 5,082 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1950
Listing office Engel & Volkers By the Sea
Listing date Apr 12, 2026
Source Stevebremis
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HighLights
- Two‑family property with additional lot for privacy
- Separate legal apartment with full kitchen and bath, suitable for rental income, guests, or work‑from‑home
- Features space for an artist studio or yoga studio
- Overlooks West Pond in a magical garden setting
- Main home has soaring vaulted ceilings, open floor plan, and loft
- Conveniently located between Gloucester and Manchester, near beaches, shops, restaurants, and Beverly Regional Airport
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $128.1k | $25.20 |
| − Vacancy | −$5.8k | −$1.13 |
| EGI | $122.3k | $24.07 |
| − OpEx | −$36.7k | −$7.22 |
| NOI | $85.6k | $16.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gloucester
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.7096479
- Latitude
- 42.5815996