141 Prospect St #B Gloucester — Photo 1 of 18
Recent Drop: $20,000
$295,000
Investment Analysis — 141 Prospect St #B
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 4.74% cap rate and $13,970/yr in estimated NOI at the $295,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
520
Style
Condominium
Built
1900
Experience the best of coastal living in the heart of Downtown Gloucester! Ideally located just moments from restaurants, cafés, shopping, entertainment, the waterfront, beaches, and the train, this charming top-floor 1-bedroom condo offers the perfect blend of convenience, comfort, and style. Filled with natural light, this sunny home features an open-concept living, dining & kitchen area that feels spacious and inviting. The beautifully updated kitchen showcases new cabinetry, countertops, and appliances, hardwood flooring throughout adds warmth and character. Upgrades include an updated bath and a new energy-efficient mini-split system for year-round comfort. Enjoy relaxing on your private, cozy back deck. Part of a newly converted 2 unit condominium property, this home is also available as part of a multi-family offering. Whether looking for the perfect weekend getaway, investment opportunity, or year-round residence, this unbeatable location means you can leave the car behind!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
$295,000
Was $308,000
Jul 5, 2026
MLS® 73517482
$308,000
Was $315,000
Jun 18, 2026
MLS® 73517482
$315,000
May 13, 2026
MLS® 73517482
Listing Agent: Kathleen Mchugh
Listing Office: Churchill Properties
MLS® Number: 73517482
