Sold

126-132 Main St

Andover MA, 01810

$5,675,000


$324.29 per sqft

Sold

31 Beds

27.5 Baths

17,500 sqft

Multi-family

Built in 1900

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.

72888792

MLS ID

September 1, 2021

Listed

February 7, 2024

Updated

Map

126-132 Main St
Andover MA, 01810

Interior Features

Total Stories

3


Bedrooms

31 Beds


Bathrooms

27.5 Baths


Appliances

Range, Refrigerator, Utility Connections for Gas Range


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.15 Acres


Exterior Features

Patio


Lot Features

Corner Lot, Level


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Taxes

$52,978


Tax Frequency

Annually


Garage

Yes


Garage Spaces

5


Parking

Paved Drive, Off Street


Parking Total

30


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

SRA


Buyer Agency Compensation

2%

 

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Data last updated 9:19 AM UTC, 2/7/2024

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