Active

3 Days on market

139A Prospect St. Gloucester — Photo 1 of 19

$409,000

139A Prospect St., Gloucester, MA 01930

Gloucester, MA 01930 — Downtown

Investor Analysis

Beds

Baths

1.5

SqFt

855

Style

Single Family

Built

1940

Absolutely adorable and newly renovated 1 bedroom 1.5 bath adobe style bungalow with an extra bonus room which could serve as a home office, studio, or guest room. This one level home located downtown Gloucester, is perfect as a condo alternative convenient to many restaurants, music venues, the train station, churches and Gloucester harbor and beaches... all just a short distance away! Many improvements include kitchen, dining area, new remodeled interior walls, ceiling, and new floors. The washer dryer has been moved upstairs to the living level. In addition, the full basement offers plenty of storage. This cozy home is in move in condition and just waiting for you!

Open Houses

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$478/sqft

Local Avg (Gloucester)$620/sqft

23% BelowMarket Average

* Analysis is based on 15 actively listed and recently sold comparable properties strictly within Gloucester, MA.

Financials

Original Price$409,000

Annual Taxes$2,552

Parking

Garage0

Off-Street0

Interior Specifications

Total Rooms4

FireplacesNone

FlooringTile, Vinyl, Carpet

BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas

CoolingNone

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks

RoofShingle

FoundationBlock

ZoningNB

Property & Lot

Acres0.02

SqFt Lot1,000

Lot FeaturesOther

Amenities & Appliances

Electric Water Heater • Range • Refrigerator • Washer • Dryer

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

MLS® 73307381

Population

30,075

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

36.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 428 sq ft (the lesser of 900 sq ft or half the 855 sq ft principal dwelling). Lot size: 1,000 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Gloucester, MA market report ZIP 01930 market data

Listing Provided By

Listing Agent: Heather Dagle

Listing Office: RE/MAX Beacon

MLS® Number: 73573446