$1,149,000
368 Essex Avenue
Gloucester, MA, 01930
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.
Property Details
Price:
$1,149,000
MLS #:
73583315
Status:
Active
Beds:
8
Baths:
3.5
Type:
Multi Family
Subtype:
3 Family – 3 Units Side by Side
Neighborhood:
westgloucester
Listed Date:
Sep 28, 2026
Finished Sq Ft:
3,831
Total Sq Ft:
3,831
Lot Size:
161,172 sqft / 3.70 acres (approx)
Year Built:
1920
Units:
3
Schools
Elementary School:
West Parish
Middle School:
O’maley
High School:
Ghs
Interior
Above Grade Finished Area
3831
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Fireplaces Total
1
Flooring
Wood, Tile, Vinyl
Heating
Oil, Electric
Interior Features
Living Room, Kitchen, Mudroom, Living RM/Dining RM Combo, Loft
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
4
Exterior
Community Features
Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Marina, Public School, T-Station
Covered Spaces
2
Exterior Features
Garden
Garage Spaces
2
Lot Features
Wooded
Open Parking Spaces
8
Parking Features
Off Street
Parking Spots
10
Parking Total
10
Patio And Porch Features
Deck, Patio
Roof
Shingle
Stories
4
View
Scenic View(s)
Waterfront Features
Ocean, Unknown To Beach, Beach Ownership(Public)
Financial
Tax Year
2026
Taxes
$10,220
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Gloucester as of Oct 26, 2026
12
Multi Family Listed
71
Avg DOM
328
Avg $ / SqFt
$849,483
Avg List Price
Community
- Address368 Essex Avenue Gloucester MA
- CityGloucester
- CountyEssex
- Zip Code01930
Subdivisions in Gloucester
Similar Listings Nearby
Property Summary
- 368 Essex Avenue Gloucester MA is a Multi Family for sale in Gloucester, MA, 01930. It is listed for $1,149,000 To schedule a showing of MLS#73583315 at 368 Essex Avenue in Gloucester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of J. Barrett & Company. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
368 Essex Avenue
Gloucester, MA