This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
124 Magnolia, Gloucester, MA 01930
$932,000
124 Magnolia, Gloucester, MA 01930View this property at 124 Magnolia, Gloucester, MA 01930
124 MagnoliaGloucesterMA01930
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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".
Full Property Details
Full Property Details for 124 Magnolia
General
- Sold For: $932,000
- Taxes: $8,365 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: 73076704
- Added to Site: 481 day(s) ago
Interior
- Number of Rooms: 11
- 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)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Unit 1(Fireplace - Wood burning, Fireplace - Electric, Fireplace - Natural Gas, Fireplace - Propane Gas)
- Appliances: 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
- Flooring: Wood, Tile, Vinyl, Carpet, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors, Wood Flooring, Wall-to-Wall Carpet, Stone/Ceramic Tile Floor)
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 3
- Half Bathrooms: 2
- Main - Full Baths: 3
- Main - 1/2 Baths: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Unit 2 Laundry Room
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
Parking
- Total Spaces: 6
- Parking Features: Paved Drive, Off Street, Guest, Paved
Location
- Area: Magnolia
- County: Essex
- Driving Directions: 133 East and right onto Magnolia Ave or Use GPS
School Information
- Elementary School: West Parish
- Middle School: Ralph B O'maley
- High School: Gloucester H.S.
Heating & Cooling
- Heating Type: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil)
- Heating Fuel: Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil)
Utilities
- Sewer: Private Sewer
- Water: Public, Individual Meter
- Utility Description: Connection for Gas Range, Connection for Electric Range, Connection for Electric Oven, Connection for Gas Dryer, Connection for Electric Dryer, Icemaker Connection
Structural Information
- Exterior Const.: Frame, Modular
- Basement: Yes
- Basement Desc.: Full, Walk-Out Access, Concrete
- Roof: Shingle
- Stories/Levels: 4
- Square Feet: 3,248
- Sq. Ft. Source: Public Records
- Living Area: 3,248 Sq. Ft.
- Year Built: 2007
Lot Features
- Lot Size (Acres): 1.26
- Lot Dimensions: 1.26
- Frontage: Public
- Frontage Feet: 100
- Street/Road Desc.: Paved
- Lot Features: Level
Water Features
- Water Front Desc.: Beach Front, Stream, Bay, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Private, Public)
Financial Considerations
- Price Per Sq. Ft.: $286.95
- Tax Amount: $8,365
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2
- Facilitator Compensation: 1
- Sub-Agency Relationship Offered: None
- Compensation Based On: Gross/Full Sale Price
- Disclosures/Rstr.: Seller has not lived in property. Agent is related to seller. Additional 1+ acre lot (114R Magnolia Ave, ID 194-78) is listed as 2.5 acres on Gloucester
- Property ID: 104301903317
Get Pre-Approved Today
Schools
Schools serving 124 Magnolia
School District:Gloucester Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
10 Concord St, Gloucester, MA 01930 | PK-5 | 2.2 mi | |
32 Cherry St, Gloucester, MA 01930 | 6-8 | 3.7 mi | |
32 Leslie O Johnson Rd, Gloucester, MA 01930 | 9-12 | 2.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Magnolia
Date
Details
Price
Change
Source
7/26/2023
Sold
$932,000
4.84%
MLS
2/06/2023
Listed
$889,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
124 Magnolia, Gloucester, MA 01930 (MLS# 73076704) is a Multi-Family property that was sold at $932,000 on July 26, 2023. This property was listed by James Brown from our Manchester, MA Office.Want to learn more about 124 Magnolia? Do you have questions about finding other Multi-Family real estate for sale in Magnolia? You can browse all Magnolia real estate or contact a Coldwell Banker agent to request more information.