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    34 Pickering St Essex, MA 01929

    For Sale
    $1,299,000

    Two-family property in central Essex location with investment and conversion potential.

    Lot size:
    1.08 Acres

    Property Features for 34 Pickering St

    General Information

    Lot size
    1.08 Acres

    Building Details

    Year built
    1965

    Source: Aluxety Agent Henry Pizzo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Essex Two-Family Property on Acre

    This legal two-family property, situated on over an acre in the heart of Essex, offers flexibility and opportunity for future value or income. It is suitable for both investors and owner-occupants, offering the option to rent both sides immediately for steady returns, or live in one while collecting income from the other. The property also presents an opportunity to explore a condominium conversion, creating the potential for each side to be sold individually in the future. The expansive lot provides privacy and versatility. The property is located less than half a mile to downtown restaurants, the boat ramp, elementary school, and local events. This property is an ideal addition to any investment portfolio or a great opportunity to establish roots in one of the North Shores most desirable coastal communities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.7835988
    Latitude
    42.6342655

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    FAQs

    What type of property is this?
    Duplex - Two-family property in central Essex location with investment and conversion potential.
    Where is this duplex located?
    The property is located at 34 Pickering St Essex, MA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Legal two-family property offering flexibility for owner-occupants or investors.; - Over one acre lot in a central Essex location, close to downtown and amenities.; - Potential for condominium conversion, allowing individual sales in the future.
    (978) 317-6139
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    34 Pickering St Essex, MA 01929
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Pickering St Essex, MA 01929
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