150 Maplewood Avenue, Gloucester, MA 01930
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$599,900
2 Unit
4 Beds
2 Baths
1690 SQFT
0.07 Acre

Property Description

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!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Conservation Area, Highway Access, Medical Facility, Public School, Public Transportation, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Programmable Thermostat, Tile Floor
  • Common Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 58200
  • Gross Expenses: 10804
  • GSE: 1539
  • Electric Expenses: 6929
  • Water/Sewer: 3117
  • INSC: 2336
  • Net Operating Income: 47396

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Prog. Thermostat
  • Utility Connections: Varies per Unit, Washer Hookup, for Electric Dryer, for Electric Range, for Gas Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas, Heat
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Yes
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73579668
  • Last Updated: 09/22/26

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Seller's Representative: Mark T. Vadala, Vadala Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-09-22 03:05:00