Andover MA Multi-Family

Andover is the quintessential New England town that not only boasts a picturesque downtown, idyllic neighborhoods of beautiful & historic colonial homes, but also has a strong connection to top-notch education – both its highly rated public schools and the famed prep school of Phillips Academy.  Residents of Andover enjoy the town’s easy access to 93, getting them to both New Hampshire and Boston quickly, and the immediate tranquility once inside the town.

In 2015, there were 363 single family homes sold in Andover, the average price was $651,944, an average of 44 days until offer, and an average of $240 per square foot. 

Discover Multi-Family Homes for Sale in Andover, MA

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2-4 Buxton Court Andover MA 01810

Andover, MA2-4 Buxton Court

Price$824,900

Est. Mortgage: $/month

MLS Number 72864996

  • Multi-Family 2 Family - 2 Units Side by Side
  • Total Parking Spaces 6
  • Year Built 1905
  • Bathroom 3
  • Full Bath 2

Very rare opportunity to own a 2 family in the heart of downtown Andover!! This property just received a mixed use permit for commercial and/or residential which makes it even more valuable. This is because of the major transformation that is going to happen right in front of this house. The Andover Historic Mill/Town Yard Project will bring shops, restaurants, and new residential units that this house will be in the middle of! You can rent this out for income, change it to commercial, or have both res and commercial together. Spacious 3 bdr units on both sides w hardwood floors. The huge attic can easily be converted to a livable space that would allow many options for both units. This would bring a huge value if you wanted to condo these out in the future. This project will change the dynamic of the town and you can be a part of it.

Listed by Mike Pettoruto of Century 21 McLennan & Company

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$
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$/month over payments
Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4 Ferndale Avenue Andover MA 01810

MLS Number 72861983

  • Multi-Family 2 Family
  • Total Parking Spaces 6
  • Year Built 1900
  • Bathroom 2
  • Full Bath 2

A wonderful opportunity to purchase a multi-unit in a fabulous Shawsheen Neighborhood. This magnificent owner occupied and well loved home can offer an owner or a potential investor many different options. Fully tiled kitchens and baths, newer windows / siding, hardwood throughout, and a brand new multi unit heating / tankless 97% efficient system (value at over $25K). Enormous basement with tons for storage, work area, and additional room for kids, or hobbyist. Parking for at least 6 cars, always rented, in a terrific neighborhood in the West Elementary School District and walking distance to Shawsheen School playground & Balmoral Fields / Park. Big lot, private yard & shed for toys and bikes. Offers possibility to condo each unit with expansion in massive attic for an additional unit. Opportunities like this don't come too often. Multi-units in Andover are RARE and this is your chance to get into a great investment property!

Listed by Gregory Afarian of Afarian Realty Corp

$
$
%
$/month over payments
Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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29 Corbett Street Andover MA 01810

Andover, MA29 Corbett Street

Price$668,000

Est. Mortgage: $/month

MLS Number 72870276

  • Multi-Family 2 Family
  • Total Parking Spaces 6
  • Year Built 1900
  • Bathroom 3
  • Full Bath 2

BIG Legal 2 Family w/garage! Extensive valuable updates make this a profitable option - updated windows, updated siding, updated Trex decking, 2 updated heating systems, some electrical & plumbing updates, new garage doors, some new flooring. Roof was stripped and reroofed. Fenced yard is like a gardener's dream with mature plantings, large Koi poind w/ waterfall. 2 car garage plus off street parking - This is a money maker. First floor will be delivered vacant. Second floor has long standing family member tenant, no lease in place. Giant walk up attic with windows for potential future expansion! This legal 2 family home is located in one of the best school districts in the state. With two large apartments like this the rent will be turn key and profitable. No history of operating expenses as this was not used as an investment for profit. Property is an estate sale and can be delivered vacant if needed.

Listed by Lisa Johnson Sevajian, Tallie Abernathy and The Property Shop Group by Lisa Sevajian of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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7 Lewis Street Andover MA 01810

Andover, MA7 Lewis Street

Price$649,900

Est. Mortgage: $/month

MLS Number 72848692

  • Multi-Family 2 Family
  • Total Parking Spaces 4
  • Year Built 1890
  • Bathroom 2
  • Full Bath 2

Rare 2 family located in downtown Andover!! This 2 family presents a very unique opportunity for an investor, developer, or someone who wants to live here. It has been re-zoned to mixed use, commercial/residential. This is due to the Andover Historic Mill overlay district project that will change the entire landscape of this town. It is now allowed for a variant of uses. Mixed Use allows flexibility but if it's incorporated into the Historic Mill overlay it will allow even more zoning options. Please refer to the Andover zoning bylaws section 8.7 for a clearer understanding. You're buying an opportunity and a location. Imagine the people getting off the train and walking to the shops and restaurants and you have property right there! You can have a business and be part of this amazing enhancement of downtown, keep it as a 2 family and rent it out, or turn it into a single family home and live there. The options you have with this location cannot go unnoticed!

Listed by Mike Pettoruto of Century 21 McLennan & Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.78% last updated on Jul 22, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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