$1,999,999
13 Flume Rd Gloucester, MA 01930
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,999,999
Est. payment /mo
8,712 Sqft Lot
UPDATED:
07/12/2024 07:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73255255
HOA Y/N false
Year Built 1920
Annual Tax Amount $10,100
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops and restaurants. This property has so much potential Think... Condo conversion? Airbnb? Live and have your business with no commute. Steps to the ocean and Kettle Cove beach, restaurants, shops, and Magnolia Library.
Location
State MA
County Essex
Area Magnolia
Zoning VB
Direction Hesperus to Lexington to Flume
Exterior
Waterfront false
Total Parking Spaces 10
Others
Senior Community false
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Listed by Century 21 North East
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