MA > Gloucester
Gloucester, MA 01930,368 Essex Ave
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Gloucester, MA 01930,368 Essex Ave
Gloucester, MA 01930,368 Essex Ave
Gloucester, MA 01930,368 Essex Ave
Gloucester, MA 01930,368 Essex Ave
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Michael Wrabel

Michael Wrabel

+1(860) 985-5456
$ 1,699,000
Est. payment /mo
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Open Sat 11AM-12:30PM

368 Essex Ave Gloucester, MA 01930

7 Beds

3 Baths

3,831 SqFt

OPEN HOUSE

Sat May 17, 11:00am - 12:30pm

Sun May 18, 11:00am - 12:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,831 sqft

Price per Sqft $443

MLS Listing ID 73373946

Bedrooms 7

Full Baths 3

Year Built 1920

Annual Tax Amount $9,065

Tax Year 2024

Lot Size 3.700 Acres

Acres 3.7

Property Sub-Type 3 Family

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.

Location

State MA

County Essex

Area West Gloucester

Zoning R-20

Direction please use GPS

Interior

Flooring Tile, Vinyl, Carpet, Concrete, Varies

Fireplaces Number 1

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Garden

Garage Spaces 2.0

Community Features Public Transportation, Walk/Jog Trails, Conservation Area, Highway Access, Marina, Public School, T-Station

Utilities Available for Electric Oven, for Electric Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 5

Garage Yes

Building

Lot Description Wooded, Additional Land Avail., Sloped

Story 4

Foundation Slab

Sewer Public Sewer

Water Public

Schools

Elementary Schools West Parish

Middle Schools O'Maley

High Schools Ghs

Others

Senior Community false

Listed by Churchill Properties
agent

Michael Wrabel

Broker | License ID: REB.0789526

+1(860) 985-5456

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