$1,149,000
Active368 Essex Avenue
Gloucester, MA, 01930
Multi-Family · MLS #73583315
Price/sqft
$300
Days on market
6 days
Year built
1920
Lot size
3.70 ac
3 full, 1 half
Baths
3,831 sq ft
Sq Ft
3.70 acres
Lot
1920
Year Built
2 car
Garage
Taxes: $10,220 (2026)
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 acresan 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 buyersbring 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.
Location
368 Essex Avenue, Gloucester, MA, 01930
Property details
- Road type
- Public, Paved, Publicly Maint.
- Electric
- Circuit Breakers
Listed by Lillian LoGrasso · J. Barrett & Company
Schedule a showing
368 Essex Avenue
Estimated payment
$7,620 / month
Loan term
- Principal & interest
- $6,289
- Property tax
- $852
- Home insurance
- $479
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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