75 Essex St, Andover, MA, 01810
About This Home
Right in the heart of Andover’s vibrant downtown, 75 Essex St. is a highly visible mixed-use property, overflowing with long-term potential. Currently operating as a professional mortgage office, this versatile building is a perfect match for a law firm, real estate agency, insurance group, or general business looking for an established, high-exposure presence. What sets this property apart is its location within the MBTA Multi-Family Zoning District. This designation opens exciting doors for a potential multi-unit residential conversion, pending local approvals. Just steps from the commuter rail, surrounded by active neighborhood redevelopment, and fueled by excellent foot traffic. Whether you choose to maintain its professional commercial use or pivot toward a residential future, this prime location allows you to capitalize on the incredible energy of a growing district. Brand NEW interior paint, flooring and carpet! Claim your stake in desirable, downtown Andover TODAY!
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1916
Materials
- Foundation: Stone
- Roof: Shingle
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Antique
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Concrete
Bedroom2
- Level: Second
Bedroom3
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- 1/2 bathrooms: 3
Dining Room
- Level: First
Family Room
- Level: First
Features
- Number of fireplaces: 3
- Fireplace: Yes
- Finished area above ground: 2,169
Heating & Cooling
- Heating features: Central,Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,169
- Total interior livable area: 2,169 sqft
Kitchen
- Level: First
Living Room
- Level: First
Master Bedroom
- Level: Second
Property
Details
- Parcel number: 1838807
- Zoning: MU
Lot
- Lot size: 5,662 sqft
- Features: Easements
Parking
- Total spaces: 8
- Parking features: Paved Drive,Shared Driveway,Paved
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Earthquake
- Hurricane
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $552 | $6,624 |
| Electricity | $427 | $5,132 |
| Total | $4,421 | $53,052 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $649,900 |
| 2026-07-16 | Price change | $749,000 |
| 2026-06-25 | Listed for sale | $799,000 |
| 2026-06-25 | Pending sale | $799,000 |
| 2026-06-12 | Listed for sale | $799,000 |
| 2025-07-02 | Listing removed | $849,900 |
| 2025-05-06 | Listed for sale | $849,900 |
| 2013-07-25 | Sold | $495,000 |
| 2007-02-22 | Sold | $300,000 |
| 1997-10-07 | Sold | $149,000 |
| 1994-03-30 | Sold | $82,500 |
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