Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

13 Flume Rd

Magnolia - Gloucester, MA ID #73255255

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13 Flume Rd

Magnolia - Gloucester, MA ID #73255255

Property Description

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.

Additional Details

  • Status: ACT
  • Area: Magnolia
  • Zip Code: 01930
  • Taxes: 10,100
  • Acres: 0.20

Parking

  • Parking Spaces: 10

Location

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13 Flume Rd, Gloucester, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Richard Palladino of Century 21 North East. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.