228 Andover StreetAndover, MA 01810MLS Number 73198437

  • Price: $1,499,000
  • Est. Mortgage of $/month
  • 27 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
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
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  • 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

Driving Directions

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

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More Info

Basic Information

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

Location

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

Exterior

  • Exterior Features Covered Patio/Deck
  • RoofShingle, Rubber

Utilities

  • Cooling Unit 1(), Unit 2(), Unit 3(), Unit 4()
  • Electric Circuit Breakers
  • Electric Expense 1128
  • Heat SystemYes
  • Heating
    • Gas)
    • Gas)
    • Gas)
    • Gas)
    • Unit 1(Forced Air
    • Unit 2(Forced Air
    • Unit 3(Forced Air
    • Unit 4(Forced Air
  • Sewer Public Sewer
  • Water Source Public

Tax Information

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

Rooms

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

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, Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections for Gas Range
  • Other AmenitiesBasement, Beachfront, Lakefront

Other

  • Buyer Agency Compensation2
  • Date Listed02/01/2024
  • Farm Land Area Units Square Feet
  • View Count2

Parking

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

Basic Information

  • List Price$1,499,000
  • MLS Number73198437
  • Modification Date02/23/2024
  • Property SubType5-9 Family
  • Purchase Contract Date02/07/2024
  • Sale Date02/22/2024

Property

  • Acreage0.77

Interior

  • Flooring Vinyl, Carpet, Hardwood
  • Interior Features
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 1(Bathroom With Tub & Shower)
    • Unit 2 Rooms(Living Room
    • Unit 2(Bathroom With Tub & Shower)
    • Unit 3 Rooms(Living Room
    • Unit 3(Bathroom With Tub & Shower)
    • Unit 4 Rooms(Living Room
    • Unit 4(Bathroom With Tub & Shower)

Property Information

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

Water Body

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

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.

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