150 Maplewood Avenue Gloucester — Photo 1 of 27
$599,900
Investment Analysis — 150 Maplewood Avenue
Gloucester, MA 01930
Based on rent reported on the MLS listing, a 2-unit multi-family in 01930 carries $4,850/mo in gross rent — about a 6.57% cap rate and $39,436/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,690
Style
2 Family - 2 Units Up/Down
Built
1900
Fantastic opportunity to own an updated two-family home in Gloucester! Renovated in 2009, this property features remodeled kitchens and baths, upgraded electrical service, vinyl replacement windows and brand-new hot water tanks. A detached two-car garage provides valuable off-street parking or additional storage. Both units are currently occupied by tenants at will, with heat and electricity included in the rents. Conveniently located, offering easy access to Rt. 128 and the commuter rail, Gloucester's historic downtown, shopping, dining and Cape Ann's beautiful beaches. Whether you're looking to expand your investment portfolio or explore the possibilities of owner occupancy, this versatile property offers an excellent opportunity in a convenient location!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Walk/Jog Trails • Medical Facility • Conservation Area • Highway Access • Public School
Geography
Listing Agent: Mark T. Vadala
Listing Office: Vadala Real Estate
MLS® Number: 73579668
