Sold

124 Magnolia Ave, Gloucester, MA

Gloucester · MA 01930

$932,000
Price
5
Beds
4
Baths
3248
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2007
Units: 2 Units
Lot size: 1.26 Acres Lot
Price per square foot: $274 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

UNIQUE OPPORTUNITY in beautiful Magnolia, MA, this lovely two-family home provides unique opportunities for its next owner. Sitting back off the road, on a spacious lot with a large back and side yard, this property also includes an additional 1+ acre wooded lot which is contiguous with the rear property line. The existing home may be maintained as an owner-occupied two-family, with additional rental unit subsidizing expenses; or, used as a two-family rental-income investment property; or could easily be converted into a spacious single-family residence. Sale includes an additional 1+ acre lot (114R Magnolia Ave, ID 194-78), zoned General Industrial.

Neighborhood & Transit

Magnolia

124 Magnolia Ave, Gloucester · MA 01930

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1365 days
Listing Price:
$889,000
Price per Sq.Ft:
$274
Tax Assessment:
$713,100 in 2022
Taxes:
$697 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
2
Living Area
3,248 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3248
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts, Circuit Breakers, 150 Amps

Exterior Features

Lot Size
54,886 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
James Brown
Listing office
Coldwell Banker Realty - Manchester
MLS PIN #
73076704
Disclosure
Seller has not lived in property. Agent is related to seller. Additional 1+ acre lot (114R Magnolia Ave, ID 194-78) is listed as 2.5 acres on Gloucester