13 Flume Rd Gloucester, MA
$1,999,999
Beds 7
Baths 7.5
Square Feet 7,582
Acres 0.20
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.
Listed by Century 21 North East, Richard Palladino
Details
MLS 73242929
Status Active
Price $1,999,999
DOM 236 days
Type Multi-Family
Beds 7
Total Baths 5 full, 5 half baths
Square Feet 7,582 sqft
Lot Size 0.20 acres
Year Built 1920
Lot & Building Features
Construction Frame
Heating Forced Air, Oil
Sewer Private Sewer
Tax Year 2024
Taxes Paid $10,100
Water Public
Foundation Stone
Exterior Features Rain Gutters
Interior Features Dining Room, Upgraded Cabinets, Living Room, Kitchen
Roof Asphalt/Composition Shingles, Rubber
Full Baths 5
Half Baths 5
Parking Off Street, Tandem
Total Rooms 17
Basement Feature Interior Entry, Walk-Out Access
Garage Spaces 0
Waterfront 1/10 to 3/10 To Beach, Ocean, Beach Ownership(Private), Beach Front
Waterview Ocean
Schools
Senior High School Gloucester
Multi-Family Home for Sale: 13 Flume Rd, Gloucester, MA 01930
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Financing
$
6.75%
$
$
$
per month
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Monthly Taxes
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