157 N Main St Andover, MA 01810
Shawsheen Heights Neighborhood
5
Beds
2
Baths
1,937
Sq Ft
7,710
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Jogging Path
- West Elementary School Rated A-
- Wood Flooring
- Bathtub with Shower
About This Home
As of December 2024This 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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,300
Year Built
- Built in 1880
Lot Details
- 7,710 Sq Ft Lot
- Near Conservation Area
- Level Lot
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,937 Sq Ft Home
- Property has 2 Levels
- Window Screens
- Living Room
- Washer and Dryer Hookup
Kitchen
- Range with Range Hood
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Partial Basement
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Common or Shared Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Aps Elementary And Middle School
- Aps High School
Utilities
- 2 Heating Zones
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $3,750
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:00038 B:00093 L:00000,1837505
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Insurance Expense $2,754
- Water Sewer Expense $1,100
- Operating Expense $3,854
- Net Operating Income $41,146
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2011
Sold by
Jester Michellana Y and Robinson Shawne D
Bought by
Jasten Holdings Llc
Total Days on Market
6
Current Estimated Value
Purchase Details
Closed on
Oct 22, 2007
Sold by
Deutsche Bank Natl T C
Bought by
Robinson Shawne D and Jester Michellana Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $230,000 | -- | |
| Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $638,226 | FHA | |
| Closed | $638,226 | FHA | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $184,000 | Purchase Money Mortgage | |
| Previous Owner | $246,517 | No Value Available | |
| Previous Owner | $230,000 | No Value Available | |
| Previous Owner | $171,900 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $650,000 | +4.8% | $336 / Sq Ft |
| 10/09/2024 10/09/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $619,999 | -- | $320 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $7,302 | $566,900 | $219,900 | $347,000 |
| 2023 | $6,375 | $466,700 | $203,700 | $263,000 |
| 2022 | $5,536 | $379,200 | $172,700 | $206,500 |
| 2021 | $5,292 | $346,100 | $157,100 | $189,000 |
| 2020 | $4,952 | $329,900 | $153,200 | $176,700 |
| 2019 | $4,697 | $307,600 | $147,300 | $160,300 |
| 2018 | $4,473 | $286,000 | $139,000 | $147,000 |
| 2017 | $4,009 | $264,100 | $136,400 | $127,700 |
| 2016 | $3,671 | $247,700 | $136,400 | $111,300 |
| 2015 | $3,630 | $242,500 | $131,100 | $111,400 |
Source: Public Records
Agents Affiliated with this Home
-
Melvin Vieira
Seller's Agent in 2024
Melvin Vieira
RE/MAX Real Estate Center
(617) 283-6003
1 in this area
55 Total Sales
-
Jefri Liriano
Buyer's Agent in 2024
Jefri Liriano
Liriano Realty
(617) 372-1717
2 in this area
308 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73298489
APN: ANDO-000038-000093
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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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