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114-116 Marblehead St, North Andover, MA

North Andover · MA 01845

$703,000
Price
5
Beds
3
Baths
2813
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1910
Units: 3 Units
Lot size: 8,250 Sq.Ft Lot
Price per square foot: $249 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Great opportunity to own a rare 3 Family, cash cow - investment property in North Andover. The property consists of one, three bedroom unit & two, one bedroom units. Additionally, it has been well cared for by thoughtful owners who took pride in offering a well maintained property to their tenants. The property features three,3 yr old furnaces, three, 3 yr old hot water heaters,8 yr old roof, updated insulation, vinyl siding,& replacement windows. More importantly, the owner has 3 Letters of Initial Lead Paint Inspection Compliance in hand so there is little left to do except sit back & collect rent! To that end, the property will be sold w/ great, long term tenants,1 w/ lease, & 2 tenants at will w/ great upside potential to get market rate rents! Owner responsible for landscaping & snow removal. This centrally located property near downtown and highway access to I-495 has 5 off street parking spots & backyard. It will not last. Do not miss this great, local real estate investment!

Neighborhood & Transit

114-116 Marblehead St, North Andover · MA 01845

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:
1652 days
Listing Price:
$699,900
Price per Sq.Ft:
$249
Tax Assessment:
$464,800 in 2021
Taxes:
$549 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,813 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
8,250 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 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
Team Lillian Montalto
Listing office
Lillian Montalto Signature Properties
MLS PIN #
72834019