Residential Income

Essex, MA Residential Income Properties for Sale

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Ipswich, MA Gloucester, MA Beverly, MA Wenham, MA Hamilton, MA Lawrence, MA Rowley, MA Rockport, MA
Mixed-Use Retail and Residential Property
Updated: Jun 5
Mixed-Use Retail and Residential Property

7 Main St, Essex, MA 01929

$785,000
2,376 sqft 0.30 AC lot
Mixed‑use property: 1st floor formerly retail/office with 2nd floor residential income
1st floor layout includes restroom/1/2 bath, oversized kitchen, and two generous office spaces plus a small office/work area
2nd floor residential unit includes office space, living room, kitchen, full bath, and washer/dryer area (1–2 bedrooms, per remarks)
Architectural shingle roof is approximately 4 years old
Gas boiler and associated components were new in December 2023
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Mixed-Use Retail and Residential Property
Updated: Jun 5
Mixed-Use Retail and Residential Property

7 Main St, Essex, MA 01929

$785,000
2,376 sqft
Two‑story mixed‑use building: retail/office on the 1st floor and residential use on the 2nd floor
1st floor features a restroom/1/2 bath, oversized kitchen, two generous office spaces, and one small office/work space
2nd floor residential unit includes 1 to 2 bedrooms, plus office space, living room, kitchen, full bath, and washer/dryer area
Architectural shingle roof is approximately 4 years old
Gas boiler and associated components were new in December 2023
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Essex, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Family Home with Screened Porches
Two-Family Home with Screened Porches

29-31 Argilla Road, Ipswich, MA 01938

$995,000
2,747 sqft

Two separate units feature screened porches, wood floors, and updated roof and furnace.

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Ipswich Mixed-Use Historic Property
Ipswich Mixed-Use Historic Property

57 East Street, Ipswich, MA 01938

$974,500
342 sqft

Mixed-use property with bakery, apartment, and storage building.

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Three-Family Home with Extra Lot
Three-Family Home with Extra Lot

368 Essex Avenue, Gloucester, MA 01930

$1,399,000
3,831 sqft 3.70 AC lot

Three-family residence on 2.44 acres, plus an additional 1.26-acre lot, totaling 3.7 acres.

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Gloucester Development Opportunity on 3.7 Acres
Gloucester Development Opportunity on 3.7 Acres

368 Essex Ave, Gloucester, MA 01930

$1,499,000

3.7-acre parcel with income potential and development opportunities in Gloucester.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in East Boxford
Residential Land in East Boxford

20-B Wildmeadow Road, Boxford, MA 01921

$425,000
6.27 AC lot

6.27 acre lot with approved septic plans.

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Newbury Land: Build Opportunity
Newbury Land: Build Opportunity

18 Forest St, Newbury, MA 01922

$750,000
5.34 AC lot

5+ acre land parcel in Newbury, MA for development.

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Salisbury Land Near Beach
Salisbury Land Near Beach

114 Railroad Ave, Salisbury, MA 01952

$329,900
0.07 AC lot

Land with approved plans for a 7-bedroom home near beach.

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Haverhill Land with Lake Views
Haverhill Land with Lake Views

90 Amesbury Road, Haverhill, MA 01830

$425,000
3.97 AC lot

Four acres of land with Kenoza Lake and Snow's Brook views.

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Essex, MA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Essex, MA on our real estate platform. These investment opportunities span a total of 4,752 square feet of properties for sale, with an estimated market value of $1,570,000.

Sale prices for residential income properties in Essex, MA average $785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Multifamily properties 1
Single family properties 1

Demographics Overview

Population 3,605
Population Growth (5Y) -2.9%
Median Household Income $151,509
College Educated 97.1%

High-Yield Neighborhoods for Investment

Identify Essex submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01929 $785K

Taxes & Financing

Tax Rate (average for all types) 1.33%
Property Tax per SF $29.48 per SF
Tax Rate vs County Average 0.37 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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