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$1,499,000
76 Days On Site

368 Essex Ave
Gloucester, MA 01930

For Sale|Triplex|Active
7
Beds
3
Total Baths
3
Full Baths
3,831
SqFt
$391
/SqFt
1920
Built
County:
Essex

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(978) 927-1959
368 Essex Ave368 Essex Ave368 Essex Ave368 Essex Ave
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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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Listing Snapshot
Price 
$1,499,000
Days On Site 
76 Days
Bedrooms 
7
Inside Area (SqFt) 
3,831 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
3.7 Acres
Year Built 
1920
MLS® Number 
73373946
Status 
Active
Property Tax 
$9,065
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
2 months agoPrice changed to $1,499,000
3 months agoListing first seen on site
General Features
Acres 
3.7
Disclosures 
368 R Essex Ave is zoned R-30. Sellers are asking for a U& O. Unit 1 - tenant occupied - lease until 10/1. Unit 2&3 owner/family occupied. oil heat/hot water unit 1,electric heat/hot water unit 2&3. No photos/ floorplans of unit 2.
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
4
Parking 
Shared DrivewayOff StreetUnpaved
Parking Spaces 
5
Property Sub Type 
Triplex
Sewer 
Public Sewer
SqFt Above 
3831
SqFt Total 
3831
Water Source 
Public
Zoning 
R-20
Interior Features
Appliances 
Electric Water Heater
Electric 
Circuit Breakers
Fireplace 
Yes
Fireplaces 
1
Flooring 
TileVinylCarpetConcreteVaries
Laundry Features 
Electric Dryer HookupWasher Hookup
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Exterior Features
Exterior 
Garden
Frontage 
450.00
Lot Features 
WoodedSloped
Patio And Porch 
Porch
Roof 
Shingle
Community Features
MLS Area 
West Gloucester
Schools
School District
Unknown
Elementary School
West Parish
Middle School
O'maley
High School
Ghs
Listing courtesy of Antonia Frank of Churchill Properties



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, landlords, 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, leasing or renting 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, leasing or renting. 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.

Last checked 2025-07-29 02:00 PM UTC

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