Sold

101 Elm St, Andover, MA

Andover · MA 01810

$675,000
Price
6
Beds
2
Baths
2736
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1928
Units: 2 Units
Lot size: 5,813 Sq.Ft Lot
Price per square foot: $228 / Sq.Ft
Parking: 2 Garage Spaces · 4 Off Street Spaces

About this home

**EXCELLENT INVESTMENT OPPORTUNITY DESIRABLE LOCATION ** Less than half mile to downtown shops, cafes, & restaurants. Corner lot 2 family. Ideal property to live in one unit & rent out the other unit. Unit 1 currently vacant w/ updated kitchen new cabinets, counter-tops, sink, dishwasher, microwave, as well as improvements in the bathroom including new toilet, vanity, & sink. Nothing to do but move in. Estimated market rent between $2,200 - $2,400/month. Unit 2, also in good condition, currently occupied by long-term tenant-at-will paying $1,650/month. Fair market rent is $2,200 - $2,400/month. Potential for extra living space on the 3rd floor includes unfinished attic space. Also great opportunity for investor looking to put down 25% and rent out both units and eventually condo convert. Solid property in a desirable market w/ an exceptional ROI, no matter if you're looking to live in one unit or rent out both. Property won't last long. Group Showing. Thurs June 18th has been cancelled

Neighborhood & Transit

101 Elm St, Andover · MA 01810

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2111 days
Listing Price:
$625,000
Price per Sq.Ft:
$228
Tax Assessment:
$574,200 in 2020
Taxes:
$718 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
0
Living Area
2,736 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,813 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Martin
Listing office
Century 21 Wellsco
MLS PIN #
72673789