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Sold on 01/12/2017
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8 Flume Rd, Gloucester, MA 01930

  • $3,970,000

    Last sold 01/12/2017 for $1.8M

  • 12

    bed

  • 15

    bath

  • 7,838

    Sqft ($230/Sqft)

Multi-family not for sale
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About 8 Flume Rd

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Property description
OFFERS DUE TUESDAY NOVEMBER 1ST @ 5PM. Attractive investment opportunity in Magnolia Village in Gloucester. Fifteen total apartments in brick building comprised of twelve one bedroom and 3 studio apartments. Most apartments have been recently updated or renovated! Improved parking lot with more than 15 spaces and recent landscaping and common area improvements. All apartments are currently leased to happy tenants!
Listed by
Listing Agent - William Senne
Listing Office - Point Plus
Source: MLS Property Information Network, Inc. mls logo
MLS#72080869 • last updated 9 years ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Levels/Style 3
Type Multi-family
MLS # 72080869
SqFt 7838
Status Sold
SubType 5+ Family - 5+ Units Up/Down
Lot Size (Acre) 0.34
Property Tax 15995.83
Year Built 1970
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 15, 15
Total # of Bedrooms 12, 12
Total # of Rooms 7, 0, 7
# Fireplaces 0, 0
Exterior
Foundation Slab, Other (See Remarks)
Exterior Brick
Construction Brick
Parking Desc Off-Street
# Parking Spaces 25
Lot Desc Corner, Paved Drive, Level
Amenities / Utilities
Water Source City/Town Water
HOA Amenities Shopping, Park, Walk/Jog Trails, House Of Worship, Marina
Location
Waterfront Ocean
Distance to Beach (mi.) 1/10 To 3/10
County Essex
APN 1901869
Multifamily Details
# of Units 15
Unit 3 Rent 900
Lot/ Land Details
Road Type Public
$3.97M
Range: $2.18M-$5.75M
Last 30 days 
  • Jan 2017
    mls logo MLS # 72080869
  • Jan 12, 2017 Sold
    $1,802,500 (+0.1%)
  • Nov 18, 2016 Under Agreement
    —
  • Nov 5, 2016 Contingent
    —
  • Oct 13, 2016 Listed
    $1,799,900
  • 8 Flume Rd
    $1.8M
  • Magnolia
    $324K -20% y/y
  • 01930
    $749K -54% y/y
  • Gloucester
    $917K -20% y/y
No chart available
Statistics calculated by Movoto

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6/10
West Parish
public Grades K-5
Gloucester School District
3/10
Ralph B O'maley Middle School
public Grades 6-8
Gloucester School District
3/10
Gloucester High School
public Grades 9-12
Gloucester School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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 in 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
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