$1,440,000
$1,499,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
228 Andover St Andover, MA 01810
9 Beds
7 Baths
6,604 SqFt
Key Details
Sold Price $1,440,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,604 sqft
Price per Sqft $218
MLS Listing ID 73198437
Sold Date 03/07/24
Bedrooms 9
Full Baths 7
Year Built 1926
Annual Tax Amount $17,048
Tax Year 2023
Lot Size 0.770 Acres
Acres 0.77
Property Description
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.
Location
State MA
County Essex
Zoning SRA
Direction Woburn St to Andover st
Rooms
Basement Full, Interior Entry, Concrete, Unfinished
Interior
Interior Features Laundry Room, Bathroom With Tub & Shower, Living Room, Kitchen
Heating Forced Air, Natural Gas
Cooling None
Flooring Vinyl, Carpet, Hardwood
Appliance Washer, Dryer, Range, Refrigerator
Exterior
Community Features Public Transportation, Park, Walk/Jog Trails, Public School
Utilities Available for Gas Range
Waterfront false
Waterfront Description Beach Front,Lake/Pond,1 to 2 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle,Rubber
Parking Type Paved Drive, Off Street, Paved
Total Parking Spaces 10
Garage No
Building
Lot Description Wooded, Level
Story 7
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with The Lush Group • Compass