Off Market

368 Essex Ave, Gloucester, MA

Gloucester · MA 01930

$1,299,000
Price
7
Beds
3
Baths
3831
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 3 Units
Lot size: 3.7 Acres Lot
Price per square foot: $339 / Sq.Ft
Parking: 2 Garage Spaces · 5 Off Street Spaces

About this home

Investors, developers, and homesteading enthusiasts ? take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units ? ideal for multi-generational living or rental income. Beyond investment appeal, this land invites a self-sufficient, homesteading lifestyle: think gardens, chickens, fruit trees, and room to roam ? all minutes from town. Zoned R20 with potential for 5 ANR lots (subject to buyer due diligence and approvals), the property also holds significant development potential. Whether you?re creating a private homestead or exploring subdivision opportunities, the possibilities are abundant. Don?t miss this unique chance to own a rare and versatile piece of land in prime Gloucester!

Neighborhood & Transit

West Gloucester

368 Essex Ave, Gloucester · MA 01930

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
303 days
Listing Price:
$1,299,000
Price per Sq.Ft:
$339
Tax Assessment:
$931,700 in 2024
Taxes:
$755 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,831 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3831
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Individually Metered

Exterior Features

Lot Size
161,172 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Antonia Frank
Listing office
Churchill Properties
MLS PIN #
73454068
Disclosure
368R Essex Ave is zoned R-30. Sellers are asking for a U&O. Unit 1 - tenant occupied -TAW. Unit 2&3 owner/family occupied. oil heat/hot water unit 1,electric heat/hot water unit 2&3. No photos/ floorplans of unit 2.