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368 Essex Ave

Gloucester, MA 01930
  • $1,399,000
  • STATUS: Price Changed
  • MLS #: 73454068
Price Reduced
UPDATED: 13 min ago
$1,399,000
  • 7
    BEDS
  • 3.7
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,831
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:
Ghs
Listing courtesy of Antonia Frank of Churchill Properties.

Description

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!

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-07T15:03:43.12.
www.westcottproperties.com/homes/169858188
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368 Essex Ave Gloucester, MA 01930

  • Price: $1,399,000
  • Status: Price Changed
  • On Site: Days
  • Updated: 13 min ago
  • MLS #: 73454068
7
Beds
3
Baths
0
½ Baths
3.7
Acres
3,831
SQFT
$365
$/SQFT
1920
Built
Neighborhood:
West Gloucester
County:
Essex
Area:
West Gloucester
Elementary School:
West Parish
Middle School:
O'maley
High School:
Ghs
Property Description
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!
Exterior Features

Color Green Covered Spaces 2 Exterior Features Garden Frontage Length 450.00 Garage YN Yes Levels 4 Lot Features WoodedAdditional Land Avail.Sloped Open Parking YN Yes Parking Features Shared DrivewayOff StreetUnpaved Parking Total 7 Patio And Porch Features Porch Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Building Area Total 3831 Fireplace YN Yes Fireplaces Total 1 Flooring TileVinylCarpetConcreteVaries Foundation Details Slab Laundry Features Electric Dryer HookupWasher Hookup Lead Paint Unknown Rooms Total 14

Property Features

Community Features Public TransportationWalk/Jog TrailsConservation AreaHighway AccessMarinaPublic SchoolT-Station Disclosures 368R Essex Ave is zoned R-30. Sellers are asking for a U&O. Unit 1 - tenant occupied -TAW. Unit 2&3 owner/family occupied. oil heat/hot water unit 1electric heat/hot water unit 2&3. No photos/ floorplans of unit 2. Electric Circuit BreakersIndividually Metered Gross Income 21600 Home Warranty YN No Net Operating Income 21600 Property Sub Type 3 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 9065 Tax Year 2024 Total Actual Rent 1800 Utilities for Electric Ovenfor Electric DryerWasher Hookup Water Source Public Year Built Details Renovated Since Year Round Yes Zoning R-20

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Antonia Frank of Churchill Properties: 978-515-7031.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-02-07T15:03:43.12.
 
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Westcott Properties
178 Broadway
Providence RI, 02903
Listing courtesy of Antonia Frank of Churchill Properties.