Unit Information
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.
- Additional Details
- Status: New
- Type: Multi-Family, Triplex
- Area: West Gloucester
- Zip Code: 01930
- Levels: 4
- Parking
- Garage: 2
- Garage Capacity: 2
- Parking: Off Street
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 4
- Total Rooms: 14
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$1,149,000
- Status: New
- Listing ID: 73583315
- Bedrooms: 8
- Full Baths: 3
- Half Baths: 1
- Living Area: 3,831 sqft Convert
- Lot Size: 161,172 sqft Convert
- Acres: 3.7
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |