$1,499,000 ($391.28 per sqft)

Est. Mortgage $7,190/mo *

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368 Essex Ave, Gloucester, (West Gloucester), MA, 01930

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14 rooms

7 beds

3 Full baths

1920

3,831 sqft

Investors, developers, and homesteading enthusiasts — take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units — ideal for multi-generational living or rental income. Beyond investment appeal, this land invites a self-sufficient, homesteading lifestyle: think gardens, chickens, fruit trees, and room to roam — all minutes from town. Zoned R20 with potential for 5 ANR lots (subject to buyer due diligence and approvals), the property also holds significant development potential. Whether you’re creating a private homestead or exploring subdivision opportunities, the possibilities are abundant. Don’t miss this unique chance to own a rare and versatile piece of land in prime Gloucester!

Status:

Active

Town:

Gloucester

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

Zoning:

R-20

Frontage:

450.00

Garage:

2-car

Levels:

Parking:

7-car, Shared Driveway, Off Street, Unpaved

Acreage:

3.7

Est. Taxes:

$9,065

Assessment

$931,700

Utilities

for Electric Oven, for Electric Dryer, Washer Hookup

Lot Description:

Wooded, Additional Land Avail., Sloped

Amenities:

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

Elementary School:

West Parish

Middle School:

O'maley

High School:

Ghs

MLS #:

73454068

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Antonia Frank, Churchill Properties 978-515-7031

$1,499,000 ($391.28 per sqft)

368 Essex Ave, Gloucester, (West Gloucester), MA, 01930

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

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84-86 Etna St, Boston, (Brighton), MA, 02135

$1,375,000

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$1,349,999

214 Brook Rd, Milton, MA, 02186

$1,395,000

4 Warren Ave, Chelsea, (Prattville), MA, 02150

$1,400,000

151 - 153 Main St, Bourne, (Buzzards Bay), MA, 02532

$1,600,000

30 Intervale St, Brockton, MA, 02302

$1,499,000

77 Bailey St, Boston, (Dorchester's Ashmont), MA, 02124

$1,349,999

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368 Essex Ave, Gloucester, (West Gloucester), MA, 01930

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