368 Essex Avenue, Gloucester, MA 01930

$1,149,000
8
BD
4
BA
3,831
SqFt

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Listing courtesy of Listing Agent: Lillian LoGrasso from Listing Office: J. Barrett & Company.

List Price
$1,149,000
Status
ACTIVE
Days on Market
39
MLS#
73583315
Subtype
Residential Income
Year Built
1920
Bedrooms
8
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
3,831
Lot Size
161,172
Acres
3.70
MLS Area Major
West Gloucester

Property Description

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.

Additional Information

Interior Features
Living Room, Kitchen, Mudroom, Living RM/Dining RM Combo, Loft
Exterior Features
Garden
Taxes
$10,220
Zoning
R-20 & 30
Flooring
Wood, Tile, Vinyl
Appliances
Range, Refrigerator
Heating
Oil, Electric
Stories
4
Levels
4
Foundation
Concrete Perimeter, Granite, Irregular
Parking Features
Off Street
Garage Spaces
2
Elementary School
West Parish
Middle School
O'maley
High School
Ghs
View
Scenic View(s)

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