368 Essex Avenue, Gloucester, MA 01930
368 Essex Avenue, Gloucester, MA 01930
368 Essex Avenue, Gloucester, MA 01930
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$1,149,000
Est. payment /mo
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8 Beds
3.5 Baths
3,831 SqFt
New

368 Essex Avenue Gloucester, MA 01930

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Skylimit Real Estate

Skylimit Real Estate

+1(857) 477-7033

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 3,831 sqft

Price per Sqft $299

MLS Listing ID 73583315

Bedrooms 8

Full Baths 3

Half Baths 1

Year Built 1920

Annual Tax Amount $10,220

Tax Year 2026

Lot Size 3.700 Acres

Acres 3.7

Property Sub-Type 3 Family - 3 Units Side by Side

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.

Location

State MA

County Essex

Area West Gloucester

Zoning R-20 & 30

Direction Rt 133 right across entrance to Concord St

Interior

Interior Features Living Room, Kitchen, Mudroom, Living RM/Dining RM Combo, Loft

Heating Oil, Electric

Flooring Wood, Tile, Vinyl

Fireplaces Number 1

Appliance Range, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Garden

Garage Spaces 2.0

Community Features Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Marina, Public School, T-Station

Utilities Available for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

Waterfront Description Ocean,Unknown To Beach,Beach Ownership(Public)

View Y/N Yes

View Scenic View(s)

Roof Type Shingle

Total Parking Spaces 12

Garage Yes

Building

Lot Description Wooded

Story 4

Foundation Concrete Perimeter, Granite, Irregular

Sewer Public Sewer

Water Public

Schools

Elementary Schools West Parish

Middle Schools O'Maley

High Schools Ghs

Others

Senior Community false

Listed by J. Barrett & Company

NEARBY SCHOOL & BUSINESS

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Skylimit Real Estate

Skylimit Real Estate

Broker License ID: 424202

+1(857) 477-7033

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368 Essex Avenue