197 E Main St, Unit 2

$500,000
Price
3
Beds
1,505 Sq. Ft.
$332 / Sq. Ft.
1,505
Sq. Ft.
$332
per Sq. Ft.

Description

Iconic and storied East Gloucester location with two floors of amazing potential! Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of Smith Cove and Gloucester harbor. Large roof deck overlooking the water. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. Kitchen and bathroom are in need of renovation. You are in the heart of East Gloucester with Smith Cove on your doorstep, North...Iconic and storied East Gloucester location with two floors of amazing potential! Second/Third floor condo unit is a two-story apartment, with high ceilings, great light and lovely views of Smith Cove and Gloucester harbor. Large roof deck overlooking the water. The apartment consists of three bedrooms, one bathroom, large living room, dining room and kitchen with views. Kitchen and bathroom are in need of renovation. You are in the heart of East Gloucester with Smith Cove on your doorstep, North Shore Art Association around the corner. Rocky Neck, Niles Beach and Good Harbor minutes away.

Property Details for 197 East Main Street, Unit 2

Town
Gloucester
MLS Area
East Gloucester
Area
MA-Gloucester-East Gloucester, MA-Gloucester
Style
Townhouse, Low-Rise
Garage Spaces
0
Parking Spaces
.00
Unit Placement
Street

Open Houses

Saturday, Dec 6th

12:00 PM - 2:00 PM

Public

Sunday, Dec 7th

12:00 PM - 2:00 PM

Public

LISTING UPDATED: 12/04/2025 08:46 AM

Property Details for 197 East Main Street, Unit 2

StatusPrice Changed
MLS #73455976
Days on Market16
Taxes$2,855 / year
HOA Fees$250 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1900
CountyEssex County

Location

Listing Courtesy of Engel & Volkers By the Sea, Andree Gillian Group; Engel & Volkers By the Sea, Gillian Harnish Bouchie; Engel & Volkers By the Sea, Andree Robert
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Building Information for 197 East Main Street, Unit 2

Building/Complex197 E Main StFloor2Stories2Residences4Pet PolicyAllowedPet Policy DetailsPets AllowedYear Built1900

Payment Calculator

$2,959 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,471

Property Taxes

$238

HOA Dues

$250

The Payment Calculator is for illustrative purposes only.

Property Information for 197 East Main Street, Unit 2

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Living Area: 1505.0
  • SqFt with Basement: No
  • Total Units: 4
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Renovated Since
  • Year Converted: 2025
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Y
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Features: Closet, Lighting - Pendant, Den, Foyer, Internet Available - Broadband
  • Interior Features: Internet Available - Broadband
  • Laundry Features: In Unit, Electric Dryer Hookup
  • Primary Bath: No
  • SpaYN: No
  • Window Features: Window(s) - Bay/Bow/Box
Exterior Features
  • Construction: Frame
  • Entry Location: Street
  • Exterior Features: Deck - Roof, Rain Gutters
  • Exterior Features: Deck - Roof
  • Patio And Porch Features: Deck - Roof
  • Roof Material: Shingle, Rubber
  • Structure Type: Townhouse, Low-Rise
  • Waterfront Features: Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Harbor
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: No parking
  • Open Parking: Yes
  • Parking Features: No parking
  • Parking Features: No parking
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 220 Volts, Circuit Breakers
  • Heating: Baseboard, Oil
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, for Electric Dryer
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 156.0
  • Room Primary Bedroom Features: Walk-In Closet(s),Flooring - Wall to Wall Carpet,Window(s) - Bay/Bow/Box
  • Room Primary Bedroom Length: 12.0
  • Primary Bedroom Level: Third Floor
  • Room Primary Bedroom Width: 13.0
Bedroom 2
  • Bedroom2 Area: 132.0
  • Bedroom2 Features: Flooring - Wall to Wall Carpet,Window(s) - Bay/Bow/Box
  • Bedroom2 Length: 11.0
  • Bedroom2 Level: Third
  • Bedroom2 Width: 12.0
Bedroom 3
  • Bedroom3 Area: 143.0
  • Bedroom3 Features: Walk-In Closet(s),Flooring - Wall to Wall Carpet,Window(s) - Bay/Bow/Box
  • Bedroom3 Length: 11.0
  • Bedroom3 Level: Third
  • Bedroom3 Width: 13.0
Bathroom 1
  • Bathroom1 Area: 66.0
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower,Flooring - Vinyl,Window(s) - Bay/Bow/Box
  • Bathroom1 Length: 11.0
  • Bathroom1 Level: Second
  • Bathroom1 Width: 6.0
Dining Room
  • Dining Room Area: 132.0
  • Dining Room Features: Flooring - Hardwood,Window(s) - Bay/Bow/Box,Window(s) - Picture,Lighting - Overhead
  • Dining Room Length: 11.0
  • Dining Room Level: Second
  • Dining Room Width: 12.0
Kitchen
  • Kitchen Area: 176.0
  • Kitchen Features: Flooring - Vinyl,Window(s) - Bay/Bow/Box
  • Kitchen Length: 11.0
  • Kitchen Level: Second
  • Kitchen Width: 16.0
Living Room
  • Room Living Room Area: 224.0
  • Room Living Room Features: Ceiling Fan(s),Flooring - Wall to Wall Carpet,Window(s) - Picture,Lighting - Overhead
  • Room Living Room Length: 14.0
  • Room Living Room Level: Second
  • Room Living Room Width: 16.0
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Documents Available: Floor Plans
  • Documents Count: 1
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Condo docs filed before closing. Condo fee - estimate that includes master insurance. Oil/Water/Sewer - shared exp payed separately. Tax estimated based on % by square foot. Kitchen needs renovation. Dishwasher not working. UNIT 1 WILL NOT BE SOLD WITHOUT UNIT 2 ALSO BEING SOLD
Tax Information
  • Listing Terms: Contract
  • Tax ID: 4849088
  • Assessments: $734,200
  • Book: 34786
  • Tax Year: 2025
  • Zoning: NB
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 2
Other Building Characteristics
  • Accessibility Features: No
  • Heat Zones: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance
  • Complex Complete: Yes
  • Management: No Management
  • Units Owner Occupied: 2
  • Owner Occupied Source: Seller
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 2
  • Unit Floor Level Integer: 2.0

Property History for 197 East Main Street, Unit 2

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Price Change

MLS PIN #73455976

$500,000—
Nov 18, 2025

Listed (Active)

MLS PIN #73455976

$550,000—
DateEvent & SourcePrice
12/04/2025

Price Change

MLS PIN #73455976

$500,000
11/18/2025

Listed (Active)

MLS PIN #73455976

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 197 East Main Street, Unit 2

This home is within Gloucester School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
East Veterans Elementary School
PublicK to 5

Ralph B O'Maley Innovation Middle School
Public6 to 8

Gloucester High School
Public9 to 12

St Ann School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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197 East Main Street, Unit 2 is a condo for sale in Gloucester, MA 01930. This property was listed for sale on November 18, 2025 by Engel & Volkers By the Sea, it's currently listed at $500,000. This listing's school district is Gloucester School District. Nearby schools include East Veterans Elementary School, Ralph B O'Maley Innovation Middle School and Gloucester High School. 197 East Main Street, Unit 2 is a 3-bed, 1-bath, 1,505 sqft condo built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Engel & Volkers By the Sea, Andree Gillian Group; Engel & Volkers By the Sea, Gillian Harnish Bouchie; Engel & Volkers By the Sea, Andree Robert

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.