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Property view

228 Andover St, 
Andover, MA 01810

$1,440,000


9

Beds


7

Baths


6,604

Sq Ft


Multi-Family

Sold

Listed by

Ryan Schruender

Schruender Realty

978-685-5000

MLS#

73198437

Source:

MLSPIN

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About This Home

228 Andover St

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.

Home Facts

Multi-Family

7 Baths

9 Bedrooms

Built in 1926

Price Summary

1,499,000

$226 per Sq. Ft.

MLS #:

73198437

Sold:

March 7, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

9

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

6,604 Sq. Ft.


Structure

Structure

Building Area:

6,604 Sq. Ft.

Year Built:

1926


Lot

Lot Size (Sq. Ft):

33,350


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$226 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.