368 Essex Ave, Gloucester, MA 01930

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
#1#2#3
368 Essex Ave,Gloucester, MA 01930
$1,499,000
  • 7 Beds
  • 3 Baths
  • 3,831 sq. ft.
  • Multi-family
  • Active
Listed by:antonia tullercash
Office:churchill properties
MLS#:73373946
Source:MLSPIN

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$391.28

About this home

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.

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Home facts

  • Year built:1920
  • Listing Id #:73373946
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,831 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Building area:3,831 sq. ft.
  • Lot area:3.7 Acres

Schools

  • High school:Ghs
  • Middle school:O'maley
  • Elementary school:West Parish

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,499,000
  • Price per sq. ft.:$391.28
  • Tax amount:$9,065 (2024)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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