13 Flume Rd Active Save Request In-Person Tour Request Virtual Tour
Gloucester,MA 01930
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,582 sqft
Price per Sqft $263
MLS Listing ID 73242929
Bedrooms 7
Full Baths 5
Half Baths 5
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
Rooms
Basement Walk-Out Access,Interior Entry
Interior
Interior Features Upgraded Cabinets,Living Room,Dining Room,Kitchen
Heating Forced Air,Oil
Flooring Hardwood
Exterior
Exterior Feature Rain Gutters
Fence Fenced
Community Features Shopping,Park,Medical Facility,Laundromat,Marina,Public School
Waterfront false
Waterfront Description Beach Front,Ocean,1/10 to 3/10 To Beach,Beach Ownership(Private)
Roof Type Rubber,Asphalt/Composition Shingles
Parking Type Off Street,Tandem
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot,Level
Story 11
Foundation Stone
Sewer Private Sewer
Water Public
Schools
High Schools Gloucester
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract