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Size: 1.26 Acres
Type: House
Home: 5 beds - 3 full baths - 2 half baths - 3,248 Sq Ft

1.26 Acres in Gloucester, MA - $889,000

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".

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Source:First Street

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Source: Coldwell Banker, MLS# 73076704
Listing last updated: July 16, 2023 at 3:06 AM
Listing last checked: December 1, 2025 at 9:31 AM
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