For Sale
368 Essex Ave, Gloucester, MA
Gloucester · MA 01930
- $1,149,000
- Price
- 8
- Beds
- 3.5
- 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:
$300 / Sq.Ft
Parking:
2 Garage Spaces · 8 Off Street Spaces
About this home
A rare opportunity in West Gloucester! This 4,000+ sq. ft. three-family property is being offered with TWO parcels totaling approximately 3.7 acres—an exceptional combination of multi-family living, acreage, income potential, and possible future development. The offering includes 368 Essex Ave., featuring a spacious three-family home situated on approximately 2.44 acres with substantial frontage along Essex Ave., plus 368R Essex Ave., an additional approximately 1.26-acre R-30 zoned parcel located behind the main property and described as an “orchard” on the deed. Investors, contractors, developers, flippers, and cash buyers—bring your vision! The multi-family home is in need of updating and improvement, but offers tremendous space and potential for renovation, rental income, or repositioning. With two parcels and nearly 4 acres combined, the possibilities are intriguing. Property is being sold as-is. Buyers and buyers’ agents to perform their own due diligence regarding zoning, subdivision potential, permitted uses, approvals, and development possibilities.
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:
- 36 days
- Listing Price:
- $1,149,000
- Price per Sq.Ft:
- $300
- Tax Assessment:
- $1,097,700 in 2026
- Taxes:
- $852 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 3
- Half Bathrooms
- 1
- Living Area
- 3,831 Sq.Ft
- Broker Disclosure about Living Area
- Additional 840sf above garage not included in living area/unfinished but usable
- 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
Exterior Features
- Lot Size
- 161,172 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 8 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
- Lillian LoGrasso
- Listing office
- J. Barrett & Company
- MLS PIN #
- 73583315
- Disclosure
- Taxes & Assessment here above are totaled/combined for 368 & 368R Essex Ave. 368 & 368R will be sold together. 386R is a separate 54,886sf lot zoned R-30 and assessed separately. Buyer to do due diligence on potential subdivision of property.
- Disclosure
- Additional 840sf above garage not included in living area/unfinished but usable