PROPERTY CAN ONLY BE PURCHASED BY A NON PROFIT ORGANIZATION! Three unit apartment building in excellent condition both inside and outside. Unit 1 is a one bedroom, Unit 2 is a two bedroom and Unit 3 is a three bedroom. Fully tenanted. Ample off street parking. Convenient to...
This home has been viewed 26 times
Last Checked: June 5th, 2025 at 4:29am (Source: MLS PIN #73358357)
Gross Income: $30,600
Gross Expenses: $9,668
Net Income Calc: $20,932
CAP Rate: 2.79%
Annual Expenses for 138 High St, North Andover MA 01845
Total Gross Expenses (Calculated)$9,668/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,668.26
Annual Income & Unit Breakdown for 138 High St, North Andover MA 01845
Total Gross Income (Calculated)$30,600
Unit 1
Rental Income$800
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$850
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$900
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 138 High St, North Andover MA 01845
Listing ID73358357
Property TypeMulti Family / 3 Family
Price$749,900 ($161.58/SqFt)
Style3 Family
CityNorth Andover
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total4,641 SqFt
Approximate Lot Size (Acres)0.73 acres
Total Parking6 (1 Garage)
Garage Parking1 / Detached
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesWooded
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor SpaceDeck
ZoningR4
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesScreens, Insulated Windows
Terms
Disclosures for 138 High St, North Andover MA 01845
Lead Paint
UFFIUnknown
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$30,600
Total Net Income By Broker$30,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 138 High St, North Andover MA 01845
Real Estate Taxes$9,668.26
Tax Year2024
Assessed Value$871,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$30,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$30,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)2.79%
Location Information for 138 High St, North Andover MA 01845
Elementary SchoolThomson
Middle SchoolNams
High SchoolNahs
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesShopping, Golf, Park, Public Transportation
Contact Information for 138 High St, North Andover MA 01845