Endless possibilities and serene overland views top the list of highlights with this “almost” landmark 3-story building that dates to 1885 and borders the Great Marsh to the rear in downtown Essex. The former Ellen Neily Gallery for decades, this Mixed-Use Antique property with 2 decks that housed a retail gallery/shop on the 1st floor with residential space above and a 3rd floor attic – with Essex River views - offers new owners or developers exceptional flexibility. Use the 2nd floor living quarters with 2 bedrooms, full bath, kitchen dining and living rooms and to create a live-work lifestyle, use both levels for business or transform the entire 2,200 sf building into living quarters. Your options that include being an owner occupant, landlord, investor/developer go on forever. Extras: The 1st floor has a covered patio, the 2nd floor deck overlooks sprawling fields lined with mature trees and you have 3-car off-street parking.
157 Main Street, Essex, MA, 01929
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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