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228 Andover St

Andover, MA 01810

9 beds
7 baths
6,604 sqft
~3/4 acre lot
$218 per sqft
1926 build
– on site

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Discover a true gem in the Ballardvale section of Andover - an exceptionally rare find. This 7-unit multifamily property presents an outstanding opportunity to generate income from day one. Boasting a thoughtfully designed mix of units, including four one-bedroom apartments, two two-bedroom apartments, and one studio apartment, this investment is primed for success. Each unit has its own separate utilities, ensuring ease of management. The heating is facilitated by Forced Hot air, by Gas. For the convenience of residents, a coin-operated W&D is available in the common area. Parking will never be a concern with ample off-street parking spaces for residents. Positioned just uphill from Ballardvale center and the T commuter rail stop, this property offers exceptional connectivity. Embrace the outdoors with proximity to Andover's scenic Hiking Trails and the recreational haven of Pomp's Pond, promising year-round enjoyment. Easy Access to I93.

Listing courtesy of MLSPIN / Ryan Schruender / Schruender Realty

Last checked: Checking… • Last updated Mar 8, 2024 •

MLS# 73198437 —

The Building

Year Built:

1926
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Patio And Porch Features:

Covered
Stories Total:

7
# of Units Total:

7
Building Area Total:

6604
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

20
Interior Features:

Laundry Room
Flooring:

Vinyl
Fireplace:

false

Room Dimensions

Living Area:

6604

Location

Directions:

Woburn St to Andover st
Latitude:

42.627894
Longitude:

-71.155829

The Property

Parcel Number:

M:00117 B:00001 L:00000,1842544
Property Type:

Residential Income
Property Subtype:

5-9 Family
Lot Features:

Wooded
Lot Size Units:

Acres
Lot Size Area:

0.77
Lot Size SqFt:

33350
Lot Size Acres:

0.77
Zoning:

SRA
Water View:

No
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Book Number:

1541
Tax Annual Amount:

17048
Tax Assessed Value:

1248000

Beds

Bedrooms Total:

9

Baths

Total Baths:

7
Total Baths:

7
Full Baths:

7

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

10
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/7/24 Mar 7, 2024	Sold	MLSPIN	$1,440,000	-3.9%
2/23/24 Feb 23, 2024	Pending	MLSPIN	$1,499,000
2/9/24 Feb 9, 2024	Sold Subject To Contingencies	MLSPIN	$1,499,000

Multifamily Sold on 3/7/2024

$1,440,000

Listing provided by broker:

Ryan Schruender

Schruender Realty

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Listing Courtesy of: MLSPIN and Schruender Realty.

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.

228 Andover St

Andover, MA 01810