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You are here:
Home Massachusetts Andover Multi-Family Homes for Sale

157 N Main St Andover, MA 01810

Contingent
13 Photos
$619,999
2 Unit
5 Beds
2 Baths
1937 SQFT
0.18 Acre
157 N Main St
Andover, MA 01810

Property Description

This well-maintained 2-family property in Andover, MA, offers excellent cash flow with a tenant in place. The first unit features 3 bedrooms and 1 bathroom, currently rented for $1,975 per month. The second unit has 2.5 bedrooms and 1 bathroom, rented for $1,775 per month. Located on a main road, this property is close to public transportation, grocery stores, and major highways, providing tenants with easy access to daily conveniences. Ideal for investors seeking immediate rental income in a prime location. Don’t miss out on this opportunity!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Bulkhead, Concrete Floor, Partial, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Tile Floor
  • Common Appliances: Disposal, Range, Vent Hood, Washer & Dryer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 45000
  • Gross Expenses: 3854
  • Water/Sewer: 1100
  • INSC: 2754
  • Net Operating Income: 41146

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: AWS

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73298489
  • Last Updated: 10/09/24
  • Terms: Contract for Deed, Rent w/Option

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/09/2024Contingent$619,999$320MLSPIN
10/07/2024Active$619,999$320MLSPIN
10/03/2024New$619,999$320MLSPIN

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Map & Resources

Boston King Cafe

Cafe

0.29mi

Starbucks

Coffee Shop

0.4mi

Pizza Connection

Pizzeria

0.4mi

Dominos pizzeria

Pizzeria

0.46mi

J.P Licks

Ice Cream Parlor

0.41mi

Sauce

Chicken & Burger Restaurant

0.35mi

Elm Square Oyster Co.

Seafood Restaurant

0.37mi

34 Park

Italian Restaurant

0.39mi

Andover Fire Department

Fire Station

0.25mi

Andover Police Department

Local Police

0.27mi

High Street Green Area

Municipal Park

0.16mi

Castle Park Reservation

Municipal Park

0.21mi

Shawsheen Road Reservation

Land Trust Park

0.26mi

Sacred Heart Reservation

Municipal Park

0.28mi

Carmel Woods

Municipal Park

0.31mi

Lanam Club Green Area

Municipal Park

0.44mi

Rogers Dell

Municipal Park

0.44mi

Joyce Terrace

Private Park

0.13mi

Memorial Hall Library

Library

0.34mi

Bank of America

Bank

0.42mi

TD Bank

Bank

0.46mi

Andover Barber

Hairdresser

0.4mi

Beauty Solutions

Hairdresser

0.44mi

Lois A. Lombardo DMD

Dentist

0.43mi

Main Street Mobile

Gas Station. Self Service: Yes

0.32mi

Whole Foods Market

Supermarket

0.05mi

Andover

Haverhill

0.23mi

Seller's Representative: Melvin A. Vieira Jr., RE/MAX Destiny
MLS ID#: 73298489

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-10-09 09:05:00