$1,499,000
 $8,047 est/mo Sourced by Back At You

368 Essex Ave,Gloucester, MA 01930

Gloucester, MA 01930

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Description

Investors and developers, take note! This is a rare opportunity to acquire a substantial 3.7-acre parcel in a highly desirable West Gloucester location. This offering includes a considerable three-family property situated on a sprawling 2.44-acre lot, with an additional 1.26-acre lot being sold together. The existing property offers immediate income potential with three separate units. However, the real allure lies in the significant potential for subdivision (subject to buyer due diligence and approvals). Zoning is R20 with potential for 5 ANR lots and the property may be included in a future MBTA MF 3A Overlay district (not yet established). Imagine the possibilities for future development! Don't miss out on this unique chance to own a significant piece of land in a prime Gloucester setting.

Details

MLS #73373947
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site61
Listing Provided ByChurchill Properties | Antonia Frank

Features

ZoningR-20
Acreage3.70

Exterior

Lot FeaturesSloped, Wooded, Additional Land Available

Location

Community FeaturesPublic Transportation, Walk/Jog Trails, Highway Access, Public School, T-Station

Taxes

Property9065

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Learn More About This Property

StateMA
CountyEssex
CityGloucester
Zip Code01930
AreaWest Gloucester
School DistrictGhs
Elementary SchoolWest Parish
Middle SchoolO'maley
High SchoolGhs
Sourced by Back At You
Listing Updated: July 10, 2025 at 5:00:10 PM PDT