$1,499,000

Est. Mortgage $7,190/mo *

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

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

Lot / Acreage

Zoning:

R-20

Frontage:

450.00

Acreage:

3.7

Est. Taxes:

$9,065

Assessment

$931,700

Lot Description:

Sloped, Wooded, Additional Land Available

Amenities:

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

Elementary School:

West Parish

Middle School:

O'maley

High School:

Ghs

MLS #:

73454086

Community Info

School Info

Walk Score

Mass Transit

Yelp

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