Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

368 Essex Ave

West Gloucester - Gloucester, MA ID #73373946

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368 Essex Ave

West Gloucester - Gloucester, MA ID #73373946

This listing is pending agreement.

Property Description

Investors and developers, take note! This is a rare opportunity to acquire a substantial 3.7-acre parcel in a highly desirable West Gloucester location. This offering includes a considerable three-family property situated on a sprawling 2.44-acre lot, with an additional 1.26-acre lot being sold together. The existing property offers immediate income potential with three separate units. However, the real allure lies in the significant potential for subdivision (subject to buyer due diligence and approvals). Zoning is R20 with potential for 5 ANR lots and the property may be included in a future MBTA MF 3A Overlay district (not yet established). Imagine the possibilities for future development! Don't miss out on this unique chance to own a significant piece of land in a prime Gloucester setting.

Additional Details

  • Status: CTG
  • Type: Multi-Family, 3 Family
  • Area: West Gloucester
  • Zip Code: 01930
  • Taxes: 9,065
  • Levels: 4
  • Acres: 3.70

Parking

  • Garage: 2
  • Garage Capacity: 2
  • Parking: Shared Driveway, Off Street, Unpaved
  • Parking Spaces: 5

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 4
  • Total Rooms: 14

Location

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Antonia Frank of Churchill Properties. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.