Attention business owners and investors! Fantastic opportunity to own this Mixed Use property in sight of the ocean and in the heart of Magnolia Village. Four residential apartments. The first-floor unit has an updated kitchen and hardwood floors and offers 3 bedrooms and 2.5 baths also two one-bedroom apartments..one apartment rented and the other apartment being renovated and a penthouse 2 bedroom unit completely renovated. Relaxing common area ocean-view roof deck. Four retail units are located on Lexington Ave. 3 Store fronts rented and 1 vacancy. All store fronts pay their own utilities. Residential renters have heat and hot water included. Septic System is massive and supports up to 14 bedrooms. Take advantage of this up-and-coming area with its shops…
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The average household income in
Gloucester, MA
grew
from
$63,917
to
$65,348
in the past year. This data is an estimate based upon
12,906
households in
Gloucester, MA. The chart below presents how household income is distributed in
Gloucester, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Gloucester, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Gloucester, MA
equals
$3k+
, which is
more
than the national average.