13 Flume Rd, Gloucester, MA 01930
sale
$1,999,999
|
Multi-Family
Listed By CENTURY 21 North East
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.
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Property Features
- Basement: Walk-out
- Building Area: 7582.00 SF
- Common Area Factor: 0
- Cross Docks: N
- Exterior Description: Wood Frame
- Fencing: Fenced Yard
- Flooring: Hardwood
- For Auction: N
- Full Bathrooms: 5
- Garage Description: No Garage
- Half Bathrooms: 5
- Heating - Fuel Type: Oil
- Heating Type: Forced Air
- Location: Marina
- Lot Description: Level
- Lot Description: Corner
- Lot Size In Text: 0.2 Acres
- MLSID: 73242929
- Parking Places: 0
- Price Per Area: 263.78
- Price Upon Request: N
- Roof: Asphalt Shingle Roof
- Roof: Rubber
- Style: Other Style
- Sublease: N
- Water: Municipal Water
- Year Built: 1920
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