Active
13 Flume Rd
Gloucester MA, 01930
$1,999,999
Active
Commercial
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.
73255255
MLSⓇ ID
June 20, 2024
Listed
October 2, 2024
Updated
Map
13 Flume Rd
Gloucester MA, 01930
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.2 Acres
Other Property Details
Area Name
Magnolia
Taxes
$10,100
Tax Frequency
Annually
Garage
No
Parking Total
10
View
No
County
Essex
Pool
No
Zoning
VB
Listing History
Date | Event | Price |
|---|---|---|
7/8/2024 | Price change | $1,999,999 -10% |
Courtesy of Richard Palladino, Century 21 North East
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Data last updated 1:11 AM UTC, 10/2/2024
