$1,149,000

House for sale Gloucester
Property photo number 1 of 16 Photos for Property. File  105832422_29_7b313c7b6e2bc43f9b7b3982b770dec1.jpeg

Overview

SUMMARY: Discover an opportunity with this Gloucester house for sale and available for $1,149,000. This could be your next ideal home or a smart investment. More details await.
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.
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Details

  • Beds: 8
  • Baths: 3.5
  • Price: $1,149,000
  • Reference No.: 96488184
  • Area: 3,831 sqft

Location

Marketed by:

  • Lillian Lograsso
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