112 Eastern Ave

Sold on Oct 10, 2025

Map

$685,000

● Multifamily - Off Market

112 Eastern Ave

Gloucester, MA 01930

5 Beds

2 Baths

2,876 Ft²

$4,542

Est. Monthly

7.78%

Cap Rate

About This Property

2 Family Greek Revival set on a spacious lot. Unlimited possibilities to update this home into a stunning single family or the legal apartment offers potential rental income or space for extended family. Filled with period charm, featuring oversize windows, original stained glass, custom built-ins, rich detailing, and hardwood floors. The first floor appears to have originally featured a larger living area that was later divided into two rooms, potentially offering the option to convert one into an additional bedroom. With some sweat equity, there is an opportunity to continue enhancing the space This home is ideally located near shopping center and Good Harbor Beach.

Unit Size

2,876 Ft²

Days on Market

Land Size

0.30 acres

Price per sqft

$278

Property Type

Multifamily

Property Taxes

$618

HOA Dues

Year Built

1850

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Last updated: 2 years ago (MLSPIN #73414400)

Price History

Date / Event	Date	Event
Oct 10, 2025	Sold	Premium
Sold
Sep 3, 2025	In contract	-
In contract
Aug 6, 2025	Listed by Keller Williams Realty Evolution	$799,000
Listed by Keller Williams Realty Evolution
Sep 14, 2000	Sold	Premium
Sold

Property Highlights

Parking Available

Fireplace

Parking Details

Has Open Parking

Parking Features: Off Street, Paved Drive

Interior Details

Full Bathrooms: 2

Interior Features: Ceiling Fan(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Slider, Walk-Up Attic, Bathroom With Tub, Living Room, Dining Room, Kitchen, Loft

Appliances: Dishwasher, Refrigerator, Range

Flooring Type: Wood, Vinyl, Hardwood

Rooms: 12

Has Fireplace

Fireplaces: 3

Basement: Full, Sump Pump, Dirt Floor, Concrete, Bulkhead

Exterior Details

Square Footage: 2876

Year Built Source: Public Records

Year Built: 1850

Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Building Area Total: 2876

Levels: 3

Building Area Units: Square Feet

Construction Materials: Frame

Patio and Porch Features: Porch, Patio

Lot Features: Wooded, Level, Easements

Lot Size Area: 0.3

Lot Size Units: Acres

Lot Size Acres: 0.3

Lot Size Square Feet: 12967

Water Source: Public

Financial Details

Tax Assessed Value: $756,500

Tax Annual Amount: $7,417

Utilities Details

Cooling Type: None

Heating Type: Oil

Sewer : Public Sewer

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Comparables

Past Sales

Date	Beds	Baths	Sqft	Price	Closed	Listed By
20250806 08/06/2025	5 Bed	2 Bath	2876 ft²	$799,000 5 Bed 2 Bath 2876 ft²	$685,000 -14.27% 10/10/2025	Jan Pellegrini Keller Williams Realty Evolution
20000616 06/16/2000	4 Bed	2 Bath	2436 ft²	$309,000 4 Bed 2 Bath 2436 ft²	$309,000 09/14/2000	Non Member State Wide MLS of Rhode Island
19990706 07/06/1999	5 Bed	-	2818 ft²	$279,000 5 Bed - 2818 ft²	$265,000 -5.02% 02/28/2000	Alicia Oliver Coldwell Banker Residential Brokerage - Gloucester