Three family home in the Five Pound Island neighborhood that is located 1 block from the harbor and close to downtown Gloucester with all its great restaurants & shops. This solid building has 2 one bedroom units and 1 four bedroom unit. Some updates have been done including some windows and the roof (5 years old), but needs more TLC. Vinyl sided for easy maintenance. Newer Energy Star high efficiency gas heating system. Separate electric and hot water. Two water heaters are rented at $38/month total. Parking for 2-4 cars in the driveway off of a private road (Loring Ct). 5 minute drive to the train staion and beaches.