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13 Flume Rd

Gloucester, MA 01930

7 beds
10 baths
7,582 sqft
8,900 sqft lot
$263 per sqft
1920 build
– on site

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.

Listing courtesy of MLSPIN / Richard Palladino / Century 21 North East

Last checked: Checking… • Last updated Sep 27, 2024 •

MLS# 73242929 —

The Building

Year Built:

1920
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Rubber
Basement:

Walk-Out Access
Foundation Details:

Stone
Exterior Features:

Rain Gutters
Patio And Porch Features:

Deck - Roof
Stories Total:

11
# of Units Total:

8
Building Area Total:

7582
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

17
Interior Features:

Upgraded Cabinets
Flooring:

Hardwood
Fireplace:

false

Room Dimensions

Living Area:

7582

Location

Directions:

Hesperus to Lexington to Flume
Latitude:

42.575783
Longitude:

-70.712433

The Property

Parcel Number:

1901923
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.2
Lot Size SqFt:

8900
Lot Size Acres:

0.2
Zoning:

VB
Fencing:

Fenced
Water View:

Yes
Water View Features:

Ocean
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

23957
Tax Annual Amount:

10100
Tax Assessed Value:

1047500

Beds

Bedrooms Total:

7

Baths

Total Baths:

7.5
Total Baths:

10
Full Baths:

5
Half Baths:

5

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Forced Air
Heating:

true

Utilities

Electric:

Circuit Breakers
Sewer:

Private Sewer
Water Source:

Public

Schools

High School:

Gloucester

The Community

Senior Community:

false
Community Features:

Shopping
Spa:

false

Parking

Garage:

false
Parking Total:

8
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/8/24 Jul 8, 2024	Price Changed	MLSPIN	$1,999,999	-9.1%
6/15/24 Jun 15, 2024	Price Changed	MLSPIN	$2,200,000	-8.3%
5/28/24 May 28, 2024	Listed / Active	MLSPIN	$2,400,000

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This multifamily located in Magnolia, Gloucester, MA 01930 is currently for sale for $1,999,999. 13 Flume Rd is a 7,582 square foot multifamily with 7 beds and 10 baths that has been on Estately for 177 days. 13 Flume Rd is in the Magnolia neighborhood of Gloucester and has a WalkScore® of 38, making it car-dependent.

Listing Courtesy of: MLSPIN and Century 21 North East.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.