75 Essex St
$849,900
2
Beds
0.3
Baths
2,169
Sqft
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$849,900
2
Beds
0.3
Baths
2,169
Living Area
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Property Description
Incredible opportunity to own a high-exposure mixed-use property in the heart of Andover’s thriving downtown district. 75 Essex Street is located within the MBTA Multi-Family Zoning District, which opens the door for potential conversion to multi-unit residential use, subject to local bylaws and approvals. This highly visible and versatile building is currently utilized as a mortgage office but is well-suited for a wide range of professional uses, including real estate, legal, insurance, mortgage brokerage, or general business operations. Just steps from the commuter rail and surrounded by active redevelopment, this property offers long-term value in one of the area’s most desirable commercial and residential areas. With the redevelopment coming to this prime location in Andover this property has strong market dynamics including great visibility, high foot traffic, and an established presence. Capitalize on the energy of a growing area that will evolve with your vision over time..
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Highlights
- Cooling: Central Air
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1916
- Heating: Forced Air, Oil
- Parking Spots: 10
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
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Additional Details
- Appliances: Microwave
- Construction: Frame
- Flooring: Vinyl, Carpet
- Interior Features: Storage, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: Mu
- Basement: Concrete
- Fireplaces: 3
- Foundation: Brick/Mortar
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 1
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $610,900
- Taxes: $14,850
- Tax Year: 2025
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Listing information provided courtesy of Lillian Montalto Signature Properties.
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