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18464444
17986635

13 Flume Rd, Gloucester, MA 01930 For Sale

Century 21 North East Peabody
Listed by Century 21 North East Peabody
$1,999,999
784 days on market
Updated 78 days ago

13 Flume Rd

Details
Property Type Special Purpose, Land
Sub Type Commercial, Other
Acreage 0.200

Special Purpose

Marketing 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.
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Century 21 North East Peabody
Listed by Century 21 North East Peabody

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Additional Information

Name
Richard Palladino
License
9081833
Brokerage
Century 21 North East
Brokerage Phone
6175155742
Title
Real Estate Broker/Realtor/Instructor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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