Set on a quiet side street with convenient access to Route 128, the MBTA Commuter Rail, and Gloucester's many amenities, this spacious three-family property presents an excellent opportunity for investors and owner-occupants alike. Unit 1 is a generously sized three-bedroom, two-bath townhouse-style residence. The main level features a living room, dining room, and kitchen, while the second floor offers three bedrooms and a full bath. A large finished lower level includes a second bathroom and four additional rooms, providing flexible space for a home office, recreation room, storage, and more. Unit 2 is also townhouse-style and offers a versatile layout that can function as either a two- or three-bedroom unit. Unit 3, located on the top floor, is a two-bedroom garden-style residence. Additional highlights include a private backyard and ample off-street parking. With flexible living arrangements, generous space, and a central Gloucester location, this property offers outstanding potential.