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