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89 Lexington Ave, Gloucester, MA 01930

$1,575,000

Last sold 01/11/2024 for $1.35M

4
bed
4
bath
2,933
Sqft ($460/Sqft)

Multi-family not for sale

About 89 Lexington Ave

Property type Multi-family

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 9,269 Sqft

Movoto estimate

Parking 1 garage spaces

Property description

First time available in over 50 years. Windsong House is a large, lovely Victorian in the Village of Magnolia, which at the turn of the last century was known as the "gold coast" North of Boston. In this now-sleepier hamlet, Windsong is situated just one house back from the ocean & commands some extraordinary views from different locations in the house. The building has 4 units and has been owner-occupied for the last 52 years. Unit 1 and Unit 2 are handicapped accessible. There is off-street parking (or easy on-street with a permit). Walk up several stairs to an expansive, shared verandah with ocean views. The house has one electrical and one heating system that services all of the apartments. Two of the apartments, currently occupied, are Federal CDBG Units with rent restrictions through 2026. Short distance to restaurants, shops, beach and coastline. This is definitely a gem that needs some updating, but you cannot beat the location. Showings begin on Thursday afternoon.

Listed by

Listing Agent - Fintan Madden

Listing Office - RE/MAX 360

Source: MLS Property Information Network, Inc.

MLS#73191973 • last updated 2 years ago

Movoto checked MLS Property Information Network, Inc. for data 20 minutes ago

Overview
Cooling/AC	Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
Heating	Unit 1(Oil), Unit 2(Oil), Unit 3(Oil), Unit 4(Oil)
Levels/Style	10
MLS #	73191973
Type	Residential Income
Status	Closed
SubType	4 Family
SqFt	2933
Lot Size (SqFt)	9269
Lot Size (Acres)	0.21
Annual Property Tax	11754
Year Built	1920

Interior
Total # of Bathrooms	4
# Full Baths	4
Total # of Bedrooms	4
Basement	Partially Finished, Walk-Out Access, Concrete
Total # of Rooms	15
Laundry	Washer Hookup
Appliances	Unit 1(Range), Unit 2(Range, Refrigerator), Unit 3(Range, Dishwasher, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections For Gas Range, Utility Connections For Electric Range, Utility Connections For Gas Oven, Utility Connections For Electric Oven
# Fireplaces	1
Accessibility Features	Unit 1 Handicapped Equipped, Unit 2 Handicapped Equipped
Interior Features	Unit 1 Rooms(Living RM/Dining RM Combo, Sunroom), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)

Exterior
Foundation	Stone, Brick/Mortar, Irregular
Roof	Shingle, Rubber
Construction	Frame
# Covered Spaces	1
Parking Desc	Off Street, Tandem, Driveway, Paved
# Parking Spaces	4
# Garage Spaces	1
Exterior Features	Porch, Deck, Deck - Wood, Patio
Patio/ Porch	Porch, Deck, Deck - Wood, Patio
Lot Desc	Gentle Sloping

Amenities / Utilities
Sewer	Private Sewer
Utilities	For Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup
Electricity	Circuit Breakers, 200+ Amp Service
Water Source	Public

Location
Waterfront	Beach Front, Ocean, 3/10 To 1/2 Mile To Beach, Beach Ownership(Public)
County	Essex
Community Features	Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House Of Worship, Public School, T-Station
Zoning	R-20
APN	1901844
Directions	GPS

Multifamily Details
Rent Includes	Unit 1(Heat, Electric, Gas, Water, Hot Water), Unit 2(Heat, Electric, Gas, Water, Hot Water), Unit 3(Heat, Electric, Gas, Water, Hot Water), Unit 4(Heat, Electric, Gas, Water, Hot Water)
Operating Expense	19284
Total Actual Rent	3675
Financial Data Source	Estimated, Owner, Limited Information
Expense: Water/ Sewer	1170
Expense: Electricity	2827
Gross Scheduled Income	650