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Active Under Contract

11-13 Balmoral, Andover MA 01810

$699,999

Estimated $1,856/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,999.50

Total Rent: 42000/year

Estimated CAP Rate:

6 Bedrooms

Baths

2180

Total Parking: 8 (2 Garage)

4,800 (0.11)

Exceptional investment opportunity in Shawsheen Village. This 2-family property offers flexibility for both owner-occupants and investors, with each unit featuring 3 bedrooms and 1 full bath. Monthly rental is $1,500 for one unit and $2,000 for the other, providing immediate income potential. The property is being sold with tenants in place. Both are tenants at will. The property offers a total of 2,180 square feet of finished living space and approximately 734 square feet of unfinished basement space with interior and bulkhead access. Additional highlights include an updated heating system (approximately 6 years old) and a detached 2-car garage. Ideally situated, this property offers easy access to restaurants, shopping, commuter routes, and the commuter rail. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile 2-family presents an outstanding opportunity.

This home has been viewed 21 times

Last Checked: July 17th, 2026 at 9:38am (Source: MLS PIN #73545546)

Gross Income: $42,000

Gross Expenses: $8,652

Net Income Calc: $33,348

Water Views

Annual Expenses for 11-13 Balmoral, Andover MA 01810

Total Gross Expenses (Calculated)$8,652/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8652

Annual Income & Unit Breakdown for 11-13 Balmoral, Andover MA 01810

Total Gross Income (Calculated)$42,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

Rent Includes

General Information for 11-13 Balmoral, Andover MA 01810

Listing ID73545546

Property TypeMulti Family / 2 Family

Price699999 ($321.1/SqFt)

Style2 Family - 2 Units Side By Side

CityAndover

CountyEssex

MLS AreaShawsheen Village

Neighborhood(s)

Approximate Living Area Total2180

Approximate Lot Size (Acres)0.11

Total Parking8 (2 Garage)

Garage Parking2

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningSRA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 11-13 Balmoral, Andover MA 01810

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsNo

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 11-13 Balmoral, Andover MA 01810

Real Estate Taxes8652

Tax Year2025

Assessed Value$692,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 11-13 Balmoral, Andover MA 01810

Neighborhood(s)

MLS AreaShawsheen Village

Area AmenitiesWalk/jog Trails

Contact Information for 11-13 Balmoral, Andover MA 01810

Agent

Name: Homeward Bound Group

Office

Name: Gibson Sotheby's International Realty

Phone: 978-475-4002

Team Members

Payment Calculator

, Interest

Property Taxes 721

Principal & Interest 4313.17

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Gibson Sotheby's International Realty

Homeward Bound Group

Agent Phone

Office Phone

(978) 475-4002

Text Agent Call Agent Call Office

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EXIT

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