228 Andover StreetAndover, MA 01810MLS Number 73198437

  • Sale Price: $1,440,000
  • 281 Days Since Sale
$
$
%
$/month over payments
Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Sold
228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810228 Andover Street Andover MA 01810
QR Code
  • 9Bedrooms
  • 7Bathrooms
Discover a true gem in the Ballardvale section of Andover - an exceptionally rare find. This 7-unit multifamily property presents an outstanding opportunity to generate income from day one. Boasting a thoughtfully designed mix of units, including four one-bedroom apartments, two two-bedroom apartments, and one studio apartment, this investment is primed for success. Each unit has its own separate utilities, ensuring ease of management. The heating is facilitated by Forced Hot air, by Gas. For the convenience of residents, a coin-operated W&D is available in the common area. Parking will never be a concern with ample off-street parking spaces for residents. Positioned just uphill from Ballardvale center and the T commuter rail stop, this property offers exceptional connectivity. Embrace the outdoors with proximity to Andover's scenic Hiking Trails and the recreational haven of Pomp's Pond, promising year-round enjoyment. Easy Access to I93.
Listed by Ryan Schruender of Schruender Realty

Listing Sold by Compass

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Colonial Manor Realty. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Basic Information

  • Concessions Amount $7,000
  • Contingency Pending P&S
  • Gross Income $106,920
  • Lot Features Wooded, Level
  • Mls StatusSold
  • Parcel Number M:00117 B:00001 L:00000,1842544
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Building

  • BasementFull, Interior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Patio And Porch Features Covered
  • Rooms20
  • Stories7
  • Units7
  • Utilities For Gas Range
  • Year Built1926
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation, Park, Walk/Jog Trails, Public School
  • Appliances IncludedWasher, Dryer, Range, Refrigerator
  • Other AmenitiesBasement, Beachfront, Lakefront

Tax Information

  • Tax Assessed Value $1,248,000
  • Tax Year 2023
  • Taxes$17,048

Rooms

  • Bathroom7
  • Bathrooms Total Decimal 7
  • Bedrooms9
  • Full Bath7

Location

  • Address228 Andover Street
  • Building Number228
  • CountyEssex
  • StateMA
  • StreetAndover Street
  • TownAndover
  • Zip01810

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric Circuit Breakers
  • Electric Expense 1128
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Miles to Beach2
  • Waterfront Features Beach Front, Lake/Pond,1 to 2 Mile To Beach, Beach Ownership(Public)

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces10

Basic Information

  • List Price$1,499,000
  • MLS Number73198437
  • Modification Date03/08/2024
  • Property SubType5-9 Family
  • Purchase Contract Date02/07/2024
  • Sale Date03/07/2024
  • Sale Price$1,440,000

Property

  • Acreage0.77

Interior

  • Flooring Vinyl, Carpet, Hardwood
  • Interior Features Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 6,604
  • Lot Size Square Feet 33,350
  • Lot Size Units Acres
  • Square Feet6,604

Other

  • Buyer Agency Compensation2
  • Date Listed02/01/2024
  • Farm Land Area Units Square Feet
  • View Count6

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Colonial Manor Realty. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.