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126-132 Main St, Andover, MA

Andover · MA 01810

$5,675,000
Price
31
Beds
27.5
Baths
17500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 27 Units
Lot size: 1.15 Acres Lot
Price per square foot: $297 / Sq.Ft
Parking: 5 Garage Spaces · 30 Off Street Spaces

About this home

This iconic corner, just 1 block from Phillips Academy and downtown, can now be the crown jewel in your investment portfolio. Available for the 1st time in 75 years, this package consists of 126 Main St, 130 Main St, and 16 Morton St, 3 buildings totaling 27 rental units, plus 5 garages. There are 4 two bedroom units, 5 studios, and 18 one bedroom units. All gas boilers were replaced in 2019, heat is included in the rent. All roofs are in great shape. 15 units have been renovated down to studs in the last 5 years. Basements are IMMACULATE. The grounds are lush, and pristine. Roughly 30 spots for parking plus ample room to expand. All rents are well below market rate. All occupants are tenant at will. Seller will review offers on Sept 10.

Neighborhood & Transit

126-132 Main 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:
1651 days
Listing Price:
$5,200,000
Price per Sq.Ft:
$297
Tax Assessment:
$3,449,900 in 2021
Taxes:
$4,415 / Monthly

Home Facts

Interior Features

Bedrooms
31
Full Bathrooms
27
Half Bathrooms
1
Living Area
17,500 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
Circuit Breakers

Exterior Features

Lot Size
50,120 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
5 Parking Spaces
Off Street Parking
30 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
Matthew McLennan
Listing office
Century 21 McLennan & Company
MLS PIN #
72888792