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8 Beds
4 Baths
3,831 sqft

$1,149,000

368 Essex Avenue, Gloucester MA, 01930

Price per sqft$299.92
Built in1920
Property size3,831 sqft
Property typeMulti-family

Overview

Active

Listed Sep 28, 2026

Updated 5 days ago

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.

$7,644/mo

Est. mortgage payment based on a $1,149,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73583315

Interior Features

Bedrooms
8
Bathrooms
4
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
3.7 Acres

Other Property Details

Taxes
$10,220
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

This listing is provided by Lillian LoGrasso with J. Barrett & Company

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Data last updated 3:43 AM UTC, 10/3/2026

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