NOT LISTED FOR SALE
17 Beds
8 Baths
11,332 Sq Ft
0.54 Acres

Last Sold August 28, 2018

Last sale price $919,500 $81 Per Sq Ft

106 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Covered Deck

About This Home

As of August 2018

**BACK ON MARKET** PRICE REDUCTION!! - Two-buildings deeded separately being sold together. Absolutely gorgeous property. Excellent rental income. Located on desirable neighborhood on quite tree-lined street. 100% occupied w/ leases. 8 total units, 17 beds, 11,000+SQFT. Annual rent roll over $116,000 per year. See attached INCOME & EXPENSE breakdown. Big units w/ 11'+ ceilings w/ beautiful detailed wood-work. Rents are below market. Exterior of the property does need some TLC to restore its charm but perfectly rent-able “as-is” inside. Great buy & hold OR condo-conversion opportunity. Tenants pay all utilities except HW. Property Manager is in place if you wish to keep. Near Plug's pond beach. 7 units have gas heat, 1 unit on oil heat. Total parking 13 cars. Coin-op laundry on-site. 6 Gas furnaces replaced 2006. Replaced HW Tank 2016. Vinyl siding on 50% of the building done 2010. Located @ 1 mile to downtown shops, restaurants & commuter rail. Easy access to Route 125.

Last Agent to Sell the Property

Steve Martin

Aluxety Listed on: 02/20/2018

Last Buyer's Agent

Michelle Lenihan

Advisors Living - Andover

Advisors Living - Andover

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.54

Outdoor Features

  • Covered Deck
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0406 B:00103 L:1

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 4177
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 83.82
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 8
  • No Bedrooms: 17
  • Total Brs: 17
  • Full Bathrooms: 8
  • Total Fbh: 8
  • No Rooms: 25
  • Basement: Y
  • Basement Features: Full, Partial, Crawl, Walk Out, Interior Access, Garage Access
  • Main Lo: AN5638
  • Main So: K95001
  • Estimated Sq Ft: 11332.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Tar & Gravel
  • Exterior: Clapboard, Vinyl
  • Exterior Features: Porch, Covered Patio/Deck
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street, Common, Unpaved Driveway
  • Parking Spaces: 13

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 396
  • Sewer: 1667
  • Electric Features: 200 Amps
  • Cooling Zones: 8
  • Heat Zones: 8
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, T-Station

Lot Info

  • Assessments: 886300.00
  • Acre: 0.54
  • Lot Size: 23609.00
  • Page: 535
  • Parcel Number: M:0406 B:00103 L:1
  • Zoning: Unknown
  • Lot Description: Corner, Wooded

Multi Family

  • APOD Available: Yes
  • Total Levels: 5
  • Total Rent: 9730
  • Total Rms: 37
  • No Units: 8
  • Mf Type: 5-9 Family

Tax Info

  • Taxes: 13211.00
  • Assessor Parcel Number: 1922722

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $919,500 -3.2% $81 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $949,900 +3.3% $84 / Sq Ft
04/13/2018 04/13/18 Off Market $919,500 -- --
03/16/2018 03/16/18 For Sale $976,000 0.0% $86 / Sq Ft
03/10/2018 03/10/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $976,000 -- $86 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72283465

MLS Property Information Network (MLS PIN)