124 Magnolia, MagnoliaGloucester, MA 01930MLS Number 73076704

  • Sale Price: $932,000
  • 428 Days Since Sale
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124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930124 Magnolia Gloucester MA 01930
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  • 5Bedrooms
  • 5Bathrooms
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".
Listed by James Brown of Coldwell Banker Realty - Manchester

Listing Sold by Classified Realty Group

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $19,200
  • Lot Features Level
  • Mls StatusSold
  • Parcel Number 10430,1903317
  • Road Frontage DescriptionPaved

Basic Information

  • List Price$889,000
  • MLS Number73076704
  • Modification Date07/26/2023
  • Property SubType2 Family - 2 Units Side by Side
  • Purchase Contract Date02/12/2023
  • Sale Date02/12/2023
  • Sale Price$932,000

Property

  • Acreage1.26
  • Frontage Length 100

Exterior

  • Exterior Features Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • RoofShingle

Utilities

  • Electric 110 Volts, Circuit Breakers,150 Amp Service
  • Heat SystemYes
  • Heating Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil)
  • Sewer Private Sewer
  • Water Source Public, Individual Meter

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • House of Worship
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedUnit 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
  • Other AmenitiesBasement, Beachfront, Fireplace

Tax Information

  • Tax Assessed Value $713,100
  • Tax Year 2022
  • Taxes$8,365

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Guest, Paved
  • Parking Spaces6

Location

  • Address124 Magnolia
  • Building Number124
  • CountyEssex
  • NeighborhoodMagnolia
  • StateMA
  • StreetMagnolia
  • SubdivisionMagnolia
  • TownGloucester
  • Zip01930

Interior

  • Flooring
    • Carpet
    • Hardwood Floors
    • Stone/Ceramic Tile Floor)
    • Tile
    • Unit 1(undefined)
    • Unit 2(Tile Floor
    • Vinyl
    • Wall to Wall Carpet
    • Wood
    • Wood Flooring
  • Interior Features
    • Bathroom With Tub & Shower)
    • Bathroom With Tub & Shower)
    • Family Room)
    • Family Room)
    • Kitchen
    • Kitchen
    • Unit 1 Rooms(Dining Room
    • Unit 1(Storage
    • Unit 2 Rooms(Dining Room
    • Unit 2(Storage

Property Information

  • Building Area Source Public Records
  • Living Area 3,248
  • Lot Size Square Feet 54,886
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,248
  • Structure Type House
  • View YN Yes

Other

  • Buyer Agency Compensation2
  • Date Listed02/06/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count5

School Information

  • Elementary SchoolWest Parish
  • High SchoolGloucester
  • High School Gloucester H.S.
  • Junior HighRalph B O'maley

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4
  • Bedrooms5
  • Full Bath3
  • Half Baths2

Building

  • BasementFull, Walk-Out Access, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame, Modular
  • FireplaceYes
  • Fireplace Features Unit 1(Fireplace - Wood burning, Fireplace - Electric, Fireplace - Natural Gas, Fireplace - Propane Gas)
  • Fireplaces Total 1
  • FoundationConcrete Perimeter
  • Garage Spaces
  • Patio And Porch Features Deck - Wood
  • Rooms11
  • Stories4
  • Units2
  • Utilities
    • For Electric Dryer
    • For Electric Oven
    • For Electric Range
    • For Gas Dryer
    • For Gas Range
    • Icemaker Connection
  • Year Built2007
  • Year Built Details Actual
  • Year Built Source Public Records

Water Body

  • Miles to Beach1
  • Waterfront Features Beach Front, Stream, Bay, Ocean,1/2 to 1 Mile To Beach, Beach Ownership(Private, Public)

The property listing data and information, or the Images, 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 MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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