Off Market

48-50 Water St, North Andover, MA

North Andover · MA 01845

$749,000
Price
3
Beds
3.5
Baths
3988
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 5,488 Sq.Ft Lot
Price per square foot: $188 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

Attention contractors and investors -- BIG reduction! Extraordinarily rare offering of a commercial/multi-family building in the heart of historic Machine Shop Village in downtown North Andover. Anchored for nearly 50 years by Richard's TV, this property now awaits your vision for the next half century. The large street-level space includes a retail storefront, office, restroom, and rear workroom. Build it out to fit your needs, or possibly convert to another residential unit with town approval. Upstairs are three one bedroom apartments with mostly separate utilities. Additional storage area in attic and basement. Ample on and off-street parking. Do not miss this opportunity to generate rental and business income while putting your stamp on North Andover history. Also listed as Commercial Mixed use MLS# 72966480.

Neighborhood & Transit

Downtown

48-50 Water 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:
1446 days
Listing Price:
$749,000
Price per Sq.Ft:
$188
Tax Assessment:
$508,300 in 2022
Taxes:
$573 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,988 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
5,488 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
Ronald Cuscia
Listing office
Stuart St James, Inc.
MLS PIN #
72966690