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West Gloucester Multifamily Home for Sale

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    $1,499,000

    • 7 Beds
    • 3 Baths
    • 3,831 Sq Ft

    368 Essex Ave, Gloucester, MA 01930

    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,

    Antonia Tullercash Churchill Properties

    368 Essex Ave, Gloucester, MA 01930

Why Live in West Gloucester

West Gloucester is a neighborhood characterized by its diverse housing options, including ranch-style, Cape Cod, New Englander, and Colonial Revival homes, all set on spacious lots that offer more yard space compared to downtown areas. Outdoor activities are a highlight, with Tompson Street Reservation and Red Rocks Conservation Area providing popular spots for hiking and mountain biking. Residents also enjoy access to public beaches like Wingaersheek Beach, which features lifeguards and a concession stand during the summer. Dining options include Lobsta Land, known for its seafood and cocktails, and The Causeway Restaurant, offering Italian and seafood dishes. The area benefits from numerous city-wide events, such as the St. Peters Fiesta in June and the Gloucester Blues Festival in August. While primarily car-friendly, West Gloucester also offers access to the West Gloucester commuter rail, facilitating travel to Boston and beyond. Addison Gilbert Hospital is conveniently located 3 miles away, and Boston Logan International Airport is 30 miles from the neighborhood. The local schools, including West Parish Elementary and Gloucester High School, receive moderate ratings.

Home Trends in West Gloucester, MA

Housing Trends

Median Sale Price
$695,000
Median Single Family Sale Price
$771,000
Median Townhouse Sale Price
$825,000
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$261,250
Average Price Per Sq Ft
$515
Number of Homes for Sale
13
Last 12 months Home Sales
41
Months of Supply
3.80
Median List Price
$715,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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