Andover, MA 01810,101 Elm St
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Andover, MA 01810,101 Elm St
Andover, MA 01810,101 Elm St
Andover, MA 01810,101 Elm St
Andover, MA 01810,101 Elm St

$675,000

Est. payment /mo

$625,000

8.0%
Est.Price: ?

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101 Elm St Andover, MA 01810

6 Beds

2 Baths

2,736 SqFt

SOLD DATE : 08/04/2020

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $246

MLS Listing ID 72673789

Sold Date 08/04/20

Bedrooms 6

Full Baths 2

Year Built 1928

Annual Tax Amount $8,619

Tax Year 2020

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

**EXCELLENT INVESTMENT OPPORTUNITY DESIRABLE LOCATION ** Less than half mile to downtown shops, cafes, & restaurants. Corner lot 2 family. Ideal property to live in one unit & rent out the other unit. Unit 1 currently vacant w/ updated kitchen new cabinets, counter-tops, sink, dishwasher, microwave, as well as improvements in the bathroom including new toilet, vanity, & sink. Nothing to do but move in. Estimated market rent between $2,200 - $2,400/month. Unit 2, also in good condition, currently occupied by long-term tenant-at-will paying $1,650/month. Fair market rent is $2,200 - $2,400/month. Potential for extra living space on the 3rd floor includes unfinished attic space. Also great opportunity for investor looking to put down 25% and rent out both units and eventually condo convert. Solid property in a desirable market w/ an exceptional ROI, no matter if you're looking to live in one unit or rent out both. Property won't last long. Group Showing. Thurs June 18th has been cancelled

Location

State MA

County Essex

Zoning SRA

Direction Google Maps

Rooms

Basement Full

Interior

Appliance Gas Water Heater

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access

Total Parking Spaces 4

Garage Yes

Building

Lot Description Corner Lot, Wooded

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Acceptable Financing Contract

Listing Terms Contract

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Listed by Century 21 Wellsco
Bought with Jonathan Maren • Keller Williams Realty
agent

Molly Armando

Broker | License ID: 9585698

+1(508) 817-6435

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