NOT LISTED FOR SALE
17 Beds
14 Baths
10,103 Sq Ft
0.88 Acres

Last Sold December 23, 2021

Last sale price $3,500,000 $346 Per Sq Ft

About This Home

As of December 2021

Take advantage of this Amazing and Rare investment opportunity to own a 14 unit, multi-family property centrally located in Andover's bustling downtown area. This lucrative investment property is situated in a wonderful neighborhood, set on a lovely tree-lined street and boasts a large beautiful yard with plenty of green space. Coin operated washer/dryer machines are conveniently located in the basement and all gas boilers were replaced in 2019. This ideally located property is within walking distance to all of the fabulous shops, restaurants and parks that down-town Andover has to offer. Enjoy Andover's Hiking Trails and Pomp's Pond for seasonal/recreational fun! The Town of Andover offers a terrific school system as well as easy access to the Commuter Rail and Routes 93 and 495.

Last Agent to Sell the Property

Sherri DiBarri

Hancock Realty Group LLC License #456016451 Listed on: 11/29/2021

Last Buyer's Agent

Sherri DiBarri

Hancock Realty Group LLC License #456016451 Listed on: 11/29/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.88

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Maple Avenue is located between Walnut Ave and Elm Street.
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections Varies per Unit
  • Has Basement: Full, Interior Entry, Garage Access
  • Total Bathrooms: 14
  • MAIN LO: AN1124
  • LIST PRICE PER Sq Ft: 346.43
  • PRICE PER Sq Ft: 346.43
  • MAIN SO: AN1124
  • Full Bathrooms: 14
  • Total Bedrooms: 17
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl
  • Stories: 9

Exterior Features

  • Roof: Slate
  • Exterior Features: Balcony, Professional Landscaping
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Property Being Sold As-Is* Property Consists Of Two Separate Buildings (37 & 37a) Maple Avenue* ** 37 Maple Avenue Consists Of 11 Units And 37a Maple Avenue Consists Of 3 Units **
  • Lot Features: Level
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 20

Utilities

  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Bancroft
  • High School: Andover Hs
  • Middle Or Junior School: Doherty

Lot Info

  • LOT SIZE: 38263
  • PAGE: 278
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 38332.8
  • Zoning: SRA

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 2
  • Annual Gross Income: 196920
  • Number Of Units Total: 14
  • Total Actual Rent: 16410

Tax Info

  • Tax Annual Amount: 26103
  • Tax Book Number: 16226
  • Tax Year: 2021

Range of Values:

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Average Value
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List Price
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
12/23/2021 12/23/21 Sold $3,500,000 0.0% $346 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $3,500,000 -- $346 / 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: 72923251

MLS Property Information Network (MLS PIN)