Active Under Contract
122 Days on market
141 Prospect St #A Gloucester — Photo 1 of 16

141 Prospect St #A Gloucester — Photo 1 of 16

Recent Drop: $26,000

$305,000
$279,000

$279,000

Investment Analysis — 141 Prospect St #A

Gloucester, MA 01930

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01930 carries an estimated $2,160/mo in gross rent — about a 5.01% cap rate and $13,970/yr in estimated NOI at the $279,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

515

Style

Condominium

Built

1900

Live the ultimate coastal lifestyle in the heart of Downtown Gloucester! Perfectly located just moments from vibrant restaurants, waterfront dining, beaches, shopping, entertainment, and the train station, this beautifully renovated one-bedroom condo offers convenience, charm, and modern comfort all in one. Step inside to discover a bright and inviting open-concept living, dining, and kitchen space designed for easy everyday living. The stunning new kitchen features stylish cabinetry, updated countertops, and brand-new appliances, while the bathroom boasts a gorgeous shower, storage, and beautiful finishes. A perfect get-away or primary residence, no car needed in this convenient location! Part of a newly converted 2 unit condominium property, this home is also available as part of a multi-family offering.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$305,000
Annual Taxes$3,725
HOA Fee$167

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms2
FireplacesNone
FlooringVinyl
BasementN

Climate & Utilities

HeatingElectric Baseboard, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
Foundation--
ZoningNB

Property & Lot

Acres0.02
SqFt Lot954
Lot Features--

Amenities & Appliances

Microwave • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dishwasher • Range

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Property History

Price Drop
$279,000

Was $299,900

Jul 5, 2026

MLS® 73517477

Price Drop
$299,900

Was $305,000

Jun 18, 2026

MLS® 73517477

Listed
$305,000

May 13, 2026

MLS® 73517477

Listing Provided By

Listing Agent: Kathleen Mchugh

Listing Office: Churchill Properties

MLS® Number: 73517477