Active
13 Flume Rd
Gloucester MA, 01930
$1,999,999
$263.78 per sqft
Active
7 Beds
10 Baths
7,582 sqft
Multi-family
Built in 1920
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.
73242929
MLSⓇ ID
May 28, 2024
Listed
August 23, 2024
Updated
Map
13 Flume Rd
Gloucester MA, 01930
Interior Features
Total Stories
11
Bedrooms
7
Total Bathrooms
10
Full Bathrooms
5
Half Bathrooms
5
Interior Features
Upgraded Cabinets, Living Room, Dining Room, Kitchen
Floor Description
Hardwood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Oil
Exterior/Building Features
Lot Size
0.2 Acres
Exterior Features
Rain Gutters
Lot Features
Corner Lot, Level
Roof
Rubber, Asphalt/Composition Shingles
Sewer
Private Sewer
School Information
High School
Gloucester
Other Property Details
Area Name
Magnolia
Taxes
$10,100
Tax Frequency
Annually
Days on Market
56
Garage
No
Parking
Off Street, Tandem
Parking Total
8
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
VB
Listing History
Date | Event | Price |
|---|---|---|
7/8/2024 | Price change | $1,999,999 -10% |
6/15/2024 | Price change | $2,200,000 -9% |
Courtesy of Richard Palladino, Century 21 North East
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Data last updated 9:55 AM UTC, 8/23/2024
