Unique 3.7-acre Lot with Multi-family Home in Gloucester

USD $1,499,000
368 Essex Avenue, Gloucester, Massachusetts, 01930, USA

Property Highlights

  • 3.7-acre parcel with two lots
  • Three-family home with rental income
  • Suitable for multi-generational living
  • Potential for 5 ANR lots
  • Ample space for gardens and homesteading
  • Minutes from town amenities

Overview

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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Property Features

368 Essex Avenue, Gloucester, Massachusetts, 01930, USA offers the following features:

Property Type: Land
Status: Active
Reference ID: 73454086

What's Nearby

Local businesses near 368 Essex Avenue, Gloucester, Massachusetts, 01930, USA:

School: < 1 mile
Public Transportation: < 1 mile
Grocery/Shopping Center: 1.1 miles
Hospital: 1.7 miles
Gym: 2 miles
Police Station: 2.7 miles

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