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Three-Unit Property Near Train Station

50 Warner St, Gloucester, MA 01930

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For Sale

$798,000

Three-unit property near train station with income restrictions.

Type:Investment

HighLights

Prime Location: Walker's Paradise with a walk score of 91, offering convenient access to amenities.
Proximity to Public Transportation: Located approximately half a mile from the MBTA train station.
Vacant Unit: Includes a bright and sunny vacant two‑bedroom unit on the third floor.
Solar Power: Features Power Purchase solar panels for electricity generation.
Basement Office: Full basement with exterior access and a heated room previously used as an office.
Parking: Driveway provides tandem parking for two vehicles.

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Listing Contact

Ruth Pino

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For Sale

$798,000

Three-unit property near train station with income restrictions.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 8:09 pm

Property Features for 50 Warner St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1900

We can help!

Listing Contact

Ruth Pino

Listing agent Ruth Pino License #9001970

Listing office

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Ruth Pino

HighLights

Prime Location: Walker's Paradise with a walk score of 91, offering convenient access to amenities.
Proximity to Public Transportation: Located approximately half a mile from the MBTA train station.
Vacant Unit: Includes a bright and sunny vacant two‑bedroom unit on the third floor.
Solar Power: Features Power Purchase solar panels for electricity generation.
Basement Office: Full basement with exterior access and a heated room previously used as an office.
Parking: Driveway provides tandem parking for two vehicles.

Overview

This three-unit property is located approximately half a mile from the MBTA train station, offering convenient access to shopping and amenities at Gloucester Crossing, including a grocery store. Two of the three units are subject to HUD 80% rent and income restrictions. The 2026 HUD rent limits and 2025 income limits are available. The full basement features exterior access and includes a heated room previously used as an office. A common laundry area is available in the basement for use by all tenants. The driveway provides tandem parking for two vehicles. The bright and sunny third-floor two-bedroom unit is currently vacant. The property includes Power Purchase solar panels, where the owner purchases the electricity generated by the system for use in the building. The two occupied units have TAW Agreements. The property has a bike score of 53, indicating it is bikeable, a walk score of 91, indicating it is a walker's paradise, and a transit score of 46, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

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Local Demand

City: Gloucester
County: Essex
State: Massachusetts
Longitude: -70.6616875
Latitude: 42.6186618

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For sale
Triplexes
MA
Gloucester
01930
50 Warner St

What type of property is this?

Triplex - Three-unit property near train station with income restrictions.

Where is this triplex located?

The property is located at 50 Warner St Gloucester, MA.

What is the asking price?

The asking price for this property is $798,000.

What are key features of this property?

This property features: Prime Location: Walker's Paradise with a walk score of 91, offering convenient access to amenities.; Proximity to Public Transportation: Located approximately half a mile from the MBTA train station.; Vacant Unit: Includes a bright and sunny vacant two‑bedroom unit on the third floor.