368 Essex Avenue, Gloucester, MA

$1,149,000

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8

Beds

3½

Baths

3,831

Square feet

3.70

Acres

About 368 Essex Avenue

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.

Features of 368 Essex Avenue

MLS® # 73583315
Price $1,149,000
Bedrooms 8
Bathrooms 3.50
Full Baths 3
Half Baths 1
Square Footage 3,831
Acres 3.70
Year Built 1920
Type Residential Income
Sub-Type 3 Family - 3 Units Side by Side
Status Active

Community Information

Address 368 Essex Avenue
Area West Gloucester
City Gloucester
County Essex
State MA
Zip Code 01930

Amenities

Utilities for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Parking Spaces 10
Parking Off Street
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Fireplace Yes
# of Stories 4
Stories 4

School Information

Elementary West Parish
Middle O'maley
High Ghs

Additional Information

Zoning R-20 & 30

Listing Details

Agent Lillian Lograsso
Office J. Barrett & Company

Listing Map

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