About 368 Essex Avenue
A rare opportunity in West Gloucester! This 4,000+ sq. ft. three-family property is being offered with TWO parcels totaling approximately 3.7 acres—an exceptional combination of multi-family living, acreage, income potential, and possible future development. The offering includes 368 Essex Ave., featuring a spacious three-family home situated on approximately 2.44 acres with substantial frontage along Essex Ave., plus 368R Essex Ave., an additional approximately 1.26-acre R-30 zoned parcel located behind the main property and described as an “orchard” on the deed. Investors, contractors, developers, flippers, and cash buyers—bring your vision! The multi-family home is in need of updating and improvement, but offers tremendous space and potential for renovation, rental income, or repositioning. With two parcels and nearly 4 acres combined, the possibilities are intriguing. Property is being sold as-is. Buyers and buyers’ agents to perform their own due diligence regarding zoning, subdivision potential, permitted uses, approvals, and development possibilities.
Features of 368 Essex Avenue
| MLS® # | 73583315 |
|---|---|
| Price | $1,149,000 |
| Bedrooms | 8 |
| Bathrooms | 3.50 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 3,831 |
| Acres | 3.70 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | 3 Family - 3 Units Side by Side |
| Status | Active |
Community Information
| Address | 368 Essex Avenue |
|---|---|
| Area | West Gloucester |
| City | Gloucester |
| County | Essex |
| State | MA |
| Zip Code | 01930 |
Amenities
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit |
|---|---|
| Parking Spaces | 10 |
| Parking | Off Street |
| # of Garages | 2 |
| Is Waterfront | No |
| Waterfront | Ocean, Unknown To Beach, Beach Ownership(Public) |
| Has Pool | No |
Interior
| Interior Features | Living Room, Kitchen, Mudroom, Living RM/Dining RM Combo, Loft |
|---|---|
| Appliances | Range, Refrigerator |
| Heating | Oil, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Exterior Features | Garden |
|---|---|
| Lot Description | Wooded |
| Roof | Shingle |
| Foundation | Concrete Perimeter, Granite, Irregular |
School Information
| Elementary | West Parish |
|---|---|
| Middle | O'maley |
| High | Ghs |
Additional Information
| Zoning | R-20 & 30 |
|---|
Listing Details
| Agent | Lillian Lograsso |
|---|---|
| Office | J. Barrett & Company |