Active
24 Days on market
145 Essex Avenue #405 Gloucester — Photo 1 of 19

145 Essex Avenue #405 Gloucester — Photo 1 of 19

$295,500

Investment Analysis — 145 Essex Avenue #405

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 3.99% cap rate and $11,789/yr in estimated NOI at the $295,500 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

1

Baths

1

SqFt

636

Style

Condominium

Built

1970

Welcome to The Heights of Gloucester! This charming one-bedroom condo offers coastal living with beautiful elevated views overlooking the Annisquam River. Ideally located just minutes from all that historic Gloucester has to offer, including its beaches, restaurants, shops, and vibrant downtown.Enjoy an array of wonderful community amenities, including a beautiful in-ground pool, clubhouse, grilling area with fire pit, and fitness center. Inside you have an eat in kitchen w/stainless steel appliances, nice size living room to relax in and ample closet space. With so much to offer, this is an opportunity you won’t want to miss—all for just $295,500!

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 MLS and other third-party data may be inaccurate or out of date.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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$295,500
Annual Taxes$2,294
HOA Fee$468

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Tile, Carpet
BasementN

Climate & Utilities

HeatingCentral, Baseboard, Natural Gas, Unit Control, Wall Furnace
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR-20

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Master Bedroom
Lvl First
Bathroom 1
Lvl First
Listing Provided By

Listing Agent: Tracy Johnson

Listing Office: Lyv Realty

MLS® Number: 73565388