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!
- Parking:
- Off Street, Unpaved, Shared Driveway
- Exterior Unit Features:
- Garden
- Flooring:
- Tile, Vinyl, Concrete, Carpet, Varies
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Exterior Maintenance And Reserve Fund, Laundry hookups in each unit. Sep utilities except for water/sewer.
- Electric Feature:
- Circuit Breakers, Individually Metered
- Garage Parking:
- 2
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Area:
- West Gloucester
- Grade School:
- West Parish
- High School:
- Ghs
- Middle School:
- O'maley
- Market Time:
- 4
- Parking Spaces:
- 7
- Tax Year:
- 2024
- Status:
- Active
- Price Per Sqft:
- $391
- Zoning:
- R-20
- No Units:
- 3
- Orig Price:
- $1,499,000
- Fireplaces:
- 1
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Gloucester
- State:
- MA
- County:
- Essex
- Postal Code:
- 01930
- Longitude:
- W71° 17' 14.2''
- Latitude:
- N42° 37' 3.1''
Residential Income
368 Essex Ave, Gloucester, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,499,000
- Bedrooms :
- 7
- Rooms :
- 14
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,831 Sqft
- Year Built :
- 1920
- Lot Area :
- 3.70 Acre
- Listing ID :
- 73454068
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
