368 Essex Ave Gloucester, MA 01930
3.7-acre parcel with income potential and development opportunities in Gloucester.
Property Features for 368 Essex Ave
General Information
- Standard status
- Active
Source:
Corcoran
Listing Agent: Antonia Tullercash
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Gloucester Development Opportunity on 3.7 Acres
This offering presents a rare opportunity for investors and developers to acquire a substantial 3.7-acre parcel in a highly desirable West Gloucester location. The property includes a three-family property situated on a 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. The property holds significant potential for subdivision, subject to buyer due diligence and approvals. The 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).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Gloucester
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.7127645
- Latitude
- 42.6175369
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FAQs
What type of property is this?
Residential land & home lot - 3.7-acre parcel with income potential and development opportunities in Gloucester.
Where is this residential land & home lot located?
The property is located at 368 Essex Ave Gloucester, MA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: - Substantial 3.7-acre parcel in desirable West Gloucester location.; - Significant potential for subdivision (subject to approvals).; - Existing three-family property provides immediate income potential.