368 Essex Ave Open House Save Request In-Person Tour Request Virtual Tour
Gloucester,MA 01930
OPEN HOUSE
Sat May 17, 11:00am - 12:30pm Sun May 18, 11:00am - 12:30pm
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
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
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
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