Listing Courtesy of: Richard Palladino - Century 21 North East 978-535-6500
$1,999,999 affordable loan icon Calculate Payment

13 Flume Rd Gloucester, MA 01930

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Other Residence
Beds
Baths
Sq. Ft.
0.2 Acre Lot

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Last updated on 11/22/2024 3:18 PM
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-bedr...oom 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. Continue reading
MLS#
73255255
Property Type
Other
Year Built
1920
Lot Size
0.2

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Listing Courtesy of: Richard Palladino - Century 21 North East 978-535-6500
Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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