aisellshomes.space

$1,299,000

Active

368 Essex Ave

Gloucester, MA, 01930

Multi-Family · MLS #73454068

Price/sqft

$339

Days on market

New today

Year built

1920

Lot size

3.70 ac

3,831 sq ft

Sq Ft

3.70 acres

Lot

1920

Year Built

2 car

Garage

Taxes: $9,065 (2024)

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!

Property details

Road type
Public
Electric
Circuit Breakers, Individually Metered

Listed by Antonia Frank · Churchill Properties

Schedule a showing

368 Essex Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$7,865 / month

Down payment20% · $259,800
Interest rate6.50%

Loan term

Principal & interest
$6,568
Property tax
$755
Home insurance
$541

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.