368 Essex Ave
Gloucester, MA 01930
- 7 beds
- 3 baths
- 3,831 sqft
- ~4 acre lot
- $443 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated May 17, 2025
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MLS# 73373946 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1920
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Year Built Details:Renovated Since
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Year Built Source:Public Records
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Roof:Shingle
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Foundation Details:Slab
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Exterior Features:Garden
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Patio And Porch Features:Porch
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Levels:4
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Stories Total:4
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Stories:4
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# of Units Total:3
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Building Area Total:3831
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Rooms Total:14
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Flooring:Tile
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Fireplace:true
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Fireplaces Total:1
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Laundry Features:Electric Dryer Hookup
Room Dimensions
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Living Area:3831
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Living Area Source:Public Record
Location
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Directions:please use GPS
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Latitude:42.61753
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Longitude:-70.712712
The Property
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Parcel Number:M:0229 B:0039 L:0000,1904862
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Property Type:Residential Income
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Property Subtype:3 Family
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Lot Features:Wooded
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Lot Size Units:Acres
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Lot Size Area:3.7
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Lot Size SqFt:161172
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Lot Size Acres:3.7
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Zoning:R-20
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Frontage Length:450.00
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Waterfront:false
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Farm Land Area Units:Square Feet
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Road Frontage Type:Public
Listing Agent
- Contact info:
- Office phone:
- (978) 515-7031
Taxes
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Tax Year:2024
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Tax Book Number:13338
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Tax Annual Amount:9065
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Tax Assessed Value:931700
Beds
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Bedrooms Total:7
Baths
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Total Baths:3
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Total Baths:3
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Full Baths:3
The Listing
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Home Warranty:false
Utilities
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Utilities:for Electric Oven
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Electric:Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:West Parish
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Middle Or Junior School:O'maley
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High School:Ghs
The Community
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Senior Community:false
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Community Features:Public Transportation
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Spa:false
Parking
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Garage:true
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Garage Spaces:2
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Parking Total:5
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Parking Features:Shared Driveway
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Covered Spaces:2
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/25
May 13, 2025
|
Listed / Active | MLSPIN | $1,699,000 |