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225-227 Main St, North Andover MA 01845

$800,000

Estimated $1,876.37/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $400,000

Total Rent: 0/year

Estimated CAP Rate: -0.87%

5 Bedrooms

3 Full Baths

3,391 SqFt

Total Parking: 3

10,951 SqFt

Opportunity awaits! This fabulous 2 family home located in the desirable town of North Andover on a corner lot! The first-floor unit has beautiful hardwood flooring, updated kitchen with granite counters, updated bathroom along with 2 bedrooms and a large living/ dining room. The second-floor unit is beautifully updated! This unit features an updated kitchen, new appliances, two bathrooms, three bedrooms, living/dining room and even an extra floor which gives more living space. Both units have tons of storage! This two-family home comes with storage sheds for each unit, fenced in level yard with patio and sprinkler system. Heating system replaced in 2018 for both units! The home is close to downtown North Andover and all it has to offer.

This home has been viewed 45 times

Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73067326)

Gross Income: $0

Gross Expenses: $6,950

Net Income Calc: $6,950

CAP Rate: -0.87%

Annual Expenses for 225-227 Main St, North Andover MA 01845

Total Gross Expenses (Calculated)$6,950/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,950

Annual Income & Unit Breakdown for 225-227 Main St, North Andover MA 01845

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit0

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 225-227 Main St, North Andover MA 01845

Listing ID73067326

Property TypeMulti Family

Price$800,000 ($235.92/SqFt)

StyleMulti Family

CityNorth Andover

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total3,391 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 225-227 Main St, North Andover MA 01845

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 225-227 Main St, North Andover MA 01845

Real Estate Taxes$6,950

Tax Year2022

Assessed Value$513,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.87%

Location Information for 225-227 Main St, North Andover MA 01845

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Golf, Park, T-station

Contact Information for 225-227 Main St, North Andover MA 01845

Agent

Name: Jessica Ihle

Office

Name: Modern Edge Realty Group Inc.

Phone: 978-237-5770

Team Members

Payment Calculator

, Interest

Property Taxes 579.17

Principal & Interest 4929.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Modern Edge Realty Group Inc.

Jessica Ihle

Agent Phone

Office Phone

(978) 237-5770

Text Agent Call Agent Call Office

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                (
                    [id] => 7050929
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73067326&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 02:51:13
                    [modified] => 2024-05-07 02:51:13
                )

[21] => Array
                (
                    [id] => 7050930
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73067326&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 02:51:13
                    [modified] => 2024-05-07 02:51:13
                )

)

)

EXIT