In android’s gradle build system, is it possible that a library imports another library from a local file path?

I know that it’s possible to add local gradle libraries in the root project by adding it to the settings.gradle. What I am looking for is to have a “settings.gradle for my library” where other local projects can be referenced in and included in my library.

So its

app
|
v
MyLibrary
|
v
A local android library imported by a path

The local library could have a “complex” build system, using libraries on their own, doing external native builds with c++ etc. I know that its possible to include a jar file as library for example, however, if possible I want to avoid using a packaged format for the library to include, so that the user can still modify all source files in the final android project.