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$1,499,000
Est. payment /mo
3.7 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73373947
HOA Y/N false
Annual Tax Amount $9,065
Tax Year 2024
Lot Size 3.700 Acres
Acres 3.7
Property Sub-Type Residential
Property Description
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, the real allure lies in the significant potential for subdivision (subject to buyer due diligence and approvals). 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). Imagine the possibilities for future development! Don't miss out on this unique chance to own a significant piece of land in a prime Gloucester setting.
Location
State MA
County Essex
Area West Gloucester
Zoning R-20
Direction please use GPS
Exterior
Community Features Public Transportation, Walk/Jog Trails, Highway Access, Public School, T-Station
Building
Lot Description Sloped, Wooded, Additional Land Available
Sewer Public Sewer, At Street
Water Public
Schools
Elementary Schools West Parish
Middle Schools O'Maley
High Schools Ghs
Others
Senior Community false
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Listed by Churchill Properties
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