Greater Boston Real Estate

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$1,999,999
2 Days On Site

13 Flume Rd
Gloucester, MA 01930

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1920
Built
County:
Essex
Call Now: 508-466-4615
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508-466-4615
13 Flume Rd
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Monthly Payment (Est.)

$9,125
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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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Listing Snapshot
Price 
$1,999,999
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1920
MLS® Number 
73325380
Status 
Active
Property Tax 
$10,100
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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What's This?
Private
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.2
Disclosures 
Off street parking is tandem. Title V will be completed prior to closing. Retail units pay their own electric and heat. The hair salon has separately metered water. Room count does not include the retail spaces. Rents are below market rates. Listing Agent is related to seller
Parking Spaces 
10
Zoning 
VB
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Community Features
MLS Area 
Magnolia
Listing courtesy of Richard Palladino of Century 21 North East



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Data Last Updated at 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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