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124 Magnolia Gloucester, MA 01930
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Key Details
Sold Price $932,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 3,248 sqft
Price per Sqft $286
MLS Listing ID 73076704
Sold Date 07/26/23
Bedrooms 5
Full Baths 3
Half Baths 2
Year Built 2007
Annual Tax Amount $8,365
Tax Year 2022
Lot Size 1.260 Acres
Acres 1.26
Property Description
UNIQUE OPPORTUNITY in beautiful Magnolia, MA, this lovely two-family home provides unique opportunities for its next owner. Sitting back off the road, on a spacious lot with a large back and side yard, this property also includes an additional 1+ acre wooded lot which is contiguous with the rear property line. The existing home may be maintained as an owner-occupied two-family, with additional rental unit subsidizing expenses; or, used as a two-family rental-income investment property; or could easily be converted into a spacious single-family residence. Sale includes an additional 1+ acre lot (114R Magnolia Ave, ID 194-78), zoned "General Industrial".
Location
State MA
County Essex
Area Magnolia
Zoning R-30
Direction 133 East and right onto Magnolia Ave or Use GPS
Rooms
Basement Full, Walk-Out Access, Concrete
Interior
Interior Features Unit 1(Storage, Bathroom With Tub & Shower), Unit 2(Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Dining Room, Kitchen, Family Room), Unit 2 Rooms(Dining Room, Kitchen, Family Room)
Heating Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil)
Flooring Wood, Tile, Vinyl, Carpet, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wood Flooring, Wall to Wall Carpet, Stone/Ceramic Tile Floor)
Fireplaces Number 1
Fireplaces Type Unit 1(Fireplace - Wood burning, Fireplace - Electric, Fireplace - Natural Gas, Fireplace - Propane Gas)
Appliance Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer), Unit 2(Range, Wall Oven, Dishwasher, Disposal, Countertop Range, Refrigerator, Freezer, Washer, Dryer), Oil Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Laundry Unit 2 Laundry Room
Exterior
Exterior Feature Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Public School
Utilities Available for Gas Range, for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer, Icemaker Connection
Waterfront false
Waterfront Description Beach Front, Stream, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Private,Public)
View Y/N Yes
View Scenic View(s)
Roof Type Shingle
Parking Type Paved Drive, Off Street, Guest, Paved
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Story 4
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public, Individual Meter
Schools
Elementary Schools West Parish
Middle Schools Ralph B O'Maley
High Schools Gloucester H.S.
Others
Senior Community false
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Bought with Katie Varney • Classified Realty Group
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