$1,400,000

59-61 Elm St Andover, MA 01810

Estimated payment $8,846/month

Total Views 1,712
8 Beds
4 Baths
3,453 Sq Ft
$405 Price per Sq Ft

Highlights

  • Deck
  • Loft
  • Living Room
  • West Elementary School Rated A-
  • Porch
  • Dining Room

About This Home

A rare opportunity in the heart of Downtown Andover, this side-by-side multifamily offers two expansive townhouse-style residences—each with four bedrooms, one and a half baths, and over three levels of thoughtfully curated living space. The main floors feature open-concept layouts with updated kitchens, gas ranges, detailed millwork, and hardwood floors throughout. The second level includes three bedrooms and a renovated full bath, while the finished third floors offer flexible space for a home office, guest room, or expanded primary suite. Full private basements provide generous storage and potential for future customization. With four off-street parking spaces and an unbeatable location just steps from Main Street’s shops, dining, and commuter rail, this property is ideal for investors, multigenerational living, or an owner-occupant seeking lasting value in one of Andover’s most desirable neighborhoods. Showings begin at the open house on Saturday, June 14th from 12:30-2:30p.

Last Listed By

Andrew Martini

Compass Listed on: 06/11/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,304

Year Built

  • Built in 1890

Lot Details

  • 6,752 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,453 Sq Ft Home
  • Living Room
  • Dining Room
  • Loft
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • 3 Heating Zones
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:00038 B:00239 L:00000,3971609

Community Details

Overview

  • 2 Units
  • Property has 4 Levels

Building Details

  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,304

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1890
  • Levels: 8
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 8

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room, Loft
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Washer, Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3453
  • Living Area: 3453
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 405.44
  • PRICE PER Sq Ft: 405.44

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00038 B:00239 L:00000,3971609
  • Zoning: SRA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6752
  • Lot Size Units: Acres
  • PAGE: 160

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12304
  • Tax Book Number: 15418

Multi Family

  • Gross Income: 48000
  • Net Operating Income: 48000
  • Number Of Units Total: 2
  • Total Actual Rent: 4000
  • LEVELS 1: 4
  • Basement Included Sq Ft: No
  • LEVELS 2: 4
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Map

Range of Values:

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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
06/11/2025 06/11/25 For Sale $1,400,000 -- $405 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73389309

MLS Property Information Network (MLS PIN)