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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Gloucester, MA

Listed for sale 2 days ago
$ 295,500
ROI
22.3
Cash Flow/m
206- 1 Bed
- 1 Bath
- 636 sft
145 Essex Ave APT 405, Gloucester, MA, 01930

Airbnb Potential
Listed for sale 3 days ago
$ 290,000
ROI
24.4
Cash Flow/m
374- 1 Bed
- 1 Bath
- 510 sft
25 Elm St #1, Gloucester, MA, 01930

$ 319,000
ROI
20.4
Cash Flow/m
55- 1 Bed
- 1 Bath
- 655 sft
145 Essex Ave APT 320, Gloucester, MA, 01930

$ 539,000
ROI
20.8
Cash Flow/m
106- 2 Bed
- 2 Bath
- 1575 sft
80 Prospect St Unit 7, Gloucester, MA, 01930
Why Invest in Gloucester, Massachusetts?
Investing in condos in Gloucester, MA offers a unique opportunity to tap into a stable coastal real estate market. With a solid average rental yield and competitive cap rates, condos here attract both long-term renters and seasonal visitors. The area's average cash flow and appreciation rates demonstrate promising returns for investors focusing on multifamily properties. Rental demand remains consistent due to the local economy and tourism sector, making Gloucester condos a smart addition to any portfolio.
7.2%
Avg. ROI
5%
Rental Yield
6.1%
Cap Rate
$1200/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Gloucester is approximately 5.0%, reflecting steady rental demand and moderate property prices.
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