13 Flume Rd

Magnolia, Gloucester, Massachusetts 01930

$2,400,000
Commercial

AGENTS

Marcia Koutellos
Marcia Koutellos
  • Licensed Real Estate Salesperson
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Property Description

Attention developers, 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 and a penthouse 2 bedroom unit. Relaxing " common area ocean-view roof deck. Four retail units are located on Lexington Ave. 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 DETAILS

  • Exterior
    .2 Acres
  • Property Type
    Commercial
  • MONTHLY REAL ESTATE TAX
    $842
  • ANNUAL REAL ESTATE TAX
    $10,100
  • Year Built
    1920
  • MLS/Listing ID
    73069420

BUILDING/PROPERTY DETAILS

  • Air Conditioning
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Listing Courtesy of Century 21 North East - 413-967-6326