Wei Wang
WW Real Estate LLC
(351) 666-8861
76 Total Sales
1 in East Andover
$631,000 Price
126 Main St Andover, MA 01810
East Andover Neighborhood
31
Beds
27.5
Baths
17,500
Sq Ft
1.15
Acre Lot
Highlights
- 1.15 Acre Lot
- Property is near public transit and schools
- Patio
- Bancroft Elementary School Rated A-
- Corner Lot
- 2-minute walk to Andover Center Playground
About This Home
As of November 2021This 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $52,978
Year Built
- Built in 1900
Lot Details
- 1.15 Acre Lot
- Corner Lot
- Level Lot
Parking
- 5 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 17,500 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 31 Bedrooms
Utilities
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Patio
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $24,850
Community Details
Recreation
- Park
Additional Features
- 27 Units
- Shops
- Net Operating Income $33,600
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Andover, MA
-
Wei Wang
-
Wendy Crandall
Wendy Crandall
Compass New England, LLC
(857) 799-5195
32 Total Sales
1 in East Andover
$700,000 Price
-
Sharon Corr
Sharon Corr
The Corr Group, LLC
(833) 348-0152
69 Total Sales
1 in East Andover
$675,000 Price
-
Siri Wilbur Kamien
Siri Wilbur Kamien
BHHS Verani Londonderry
(351) 215-0785
67 Total Sales
2 in East Andover
$809,100 Price Range
-
Michael Tinsley
Michael Tinsley
Responds QuicklyLongwood Residential, LLC
(774) 515-4292
107 Total Sales
1 in East Andover
$519,000 Price
-
Alex Walsh
Alex Walsh
Responds QuicklyAccess
(339) 218-6016
523 Total Sales
1 in East Andover
$975,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,675,000 | None Available | ||
| Abate Rt | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $4,000,000 | |
| Closed | Tmi Main Morton Andover | $4,000,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $5,675,000 | +9.1% | $324 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $5,200,000 | -- | $297 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,458 | $1,718,000 | $639,000 | $1,079,000 |
| 2024 | $20,490 | $1,590,800 | $585,000 | $1,005,800 |
| 2023 | $21,730 | $1,590,800 | $585,000 | $1,005,800 |
| 2022 | $18,903 | $1,294,700 | $468,000 | $826,700 |
| 2021 | $19,796 | $1,294,700 | $468,000 | $826,700 |
| 2020 | $19,433 | $1,294,700 | $468,000 | $826,700 |
| 2019 | $18,584 | $1,217,000 | $449,200 | $767,800 |
| 2018 | $18,106 | $1,157,700 | $449,200 | $708,500 |
| 2017 | $17,141 | $1,129,200 | $449,200 | $680,000 |
| 2016 | $15,029 | $1,014,100 | $408,400 | $605,700 |
| 2015 | $13,513 | $902,700 | $297,000 | $605,700 |
Source: Public Records
Agents Affiliated with this Home
-
Matt McLennan
Seller's Agent in 2021
Matt McLennan
Century 21 McLennan & Company
(978) 660-3135
1 in this area
129 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72888792
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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