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126 132 Main St

Andover, MA 01810

31 beds
28 baths
17,500 sqft
~1 acre lot
$324 per sqft
1900 build
– on site

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This 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.

Listing courtesy of MLSPIN

Last checked: Checking… • Last updated Jun 25, 2024 •

MLS# 72888792 —

The Building

Year Built:

1900
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Window Features:

Insulated Windows
Patio And Porch Features:

Patio
Stories Total:

3
# of Units Total:

27
Building Area Total:

17500
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

81
Fireplace:

false

Room Dimensions

Living Area:

17500

Location

Directions:

Corner of Main St and Morton St
Latitude:

42.651898
Longitude:

-71.136937

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

1.15
Lot Size SqFt:

50120
Lot Size Acres:

1.15
Zoning:

SRA
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2021
Tax Book Number:

95
Tax Annual Amount:

52978
Tax Assessed Value:

3449900

Beds

Bedrooms Total:

31

Baths

Total Baths:

27.5
Total Baths:

28
Full Baths:

27
Half Baths:

1

The Listing

Sub Agency Relationship Offered:

No

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range, Refrigerator, Gas Water Heater, Utility Connections for Gas Range

The Community

Community Features:

Public Transportation

Parking

Garage:

true
Garage Spaces:

5
Parking Total:

30
Parking Features:

Paved Drive
Covered Spaces:

5
Open Parking:

true

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
11/22/21 Nov 22, 2021	Sold	MLSPIN	$5,675,000

Multifamily Sold on 11/22/2021

$5,675,000

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Listing Courtesy of: MLSPIN and .

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

126 132 Main St

Andover, MA 01810