1. Massachusetts
  2. Gloucester
  3. 368 Essex Ave
$1,499,000

368 Essex Ave, Gloucester, MA 01930

  • 7 beds |
  • 3 baths |
  • 3,831 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3.7acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $391/sqft
  • Property List Date Icon Listed 26 days ago

Property 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.

Listing Status:
Active
Listing Office:
Churchill Properties : 978-515-7031
Listing Agent:
Antonia Frank : 978-879-8610
MLS ID:
73373946
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: TileVinylCarpetConcreteVaries
  • Fireplace: FireplaceFireplaces: 1

This listing courtesy of Antonia Frank, Churchill Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Parish

10 Concord St, Gloucester, MA, 01930

Grades KG-5

0.21 miles away

R

Ralph B O'Maley Middle School

32 Cherry St, Gloucester, MA, 01930

Grades 6-8

2.25 miles away

G

Gloucester High School

32 Leslie O Johnson Rd, Gloucester, MA, 01930

Grades 9-12

1.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.