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$950,000
Est. payment /mo
1,932 SqFt
UPDATED:
10/28/2024 07:05 AM
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,932 sqft
Price per Sqft $491
MLS Listing ID 73306119
Year Built 2015
Annual Tax Amount $7,560
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Description
Attention Contractors, Developers and savvy Investors! This is a great opportunity to obtain this 3 multifamily mixed used project in the heart of beautiful Magnolia near the beach, ready to go this season! This property has an existing first floor commercial unit already built and just needs finished details inside. With an incredible 13 nicely paved parking spots and beautiful fenced lot and landscaping. Large basement provides plenty of space to create storage for each unit and laundry facilities. Newer septic system support the project so your utilities are ready! The ZBA approval in hand and ready to build 2 residential units on top of the existing commercial unit. Come and start building!
Location
State MA
County Essex
Zoning VB
Direction Rt 127 Or Hesperus onto Lexington
Interior
Flooring Other
Exterior
Exterior Feature Other
Waterfront Description Beach Front,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 13
Garage No
Building
Lot Description Other
Story 1
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public
Others
Senior Community false
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Listed by Coldwell Banker Realty - Manchester
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