Off Market

13 Flume Rd, Gloucester, MA

Gloucester · MA 01930

$1,999,999
Price
7
Beds
7.5
Baths
7582
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 8 Units
Lot size: 8,900 Sq.Ft Lot
Price per square foot: $264 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

Magnolia

13 Flume Rd, 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:
889 days
Listing Price:
$1,999,999
Price per Sq.Ft:
$264
Tax Assessment:
$1,047,500 in 2024
Taxes:
$842 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
5
Living Area
7,582 Sq.Ft
Broker Disclosure about Living Area
Total Square footage is 10,201 by public records
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7582
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps

Exterior Features

Lot Size
8,900 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Richard Palladino
Listing office
Century 21 North East
MLS PIN #
73242929
Disclosure
Total Square footage is 10,201 by public records