$1,499,999
42-48 Red Spring Rd
Andover, MA, 01845
Attention Investors! EXTREMELY Rare Andover opportunity featuring TWO two-family properties with a total of four townhouse-style units. Acquire four income-producing units in one transaction with strong rental and value-add potential. Ideal for buy-and-hold investors, portfolio expansion, renovations, or potential future condo conversion, subject to buyer due diligence and required approvals. Properties are being sold together. Don’t miss this unique multi-unit investment opportunity in Andover.
Property Details
Price:
$1,499,999
MLS #:
73580238
Status:
Active
Beds:
12
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Side by Side
Listed Date:
Sep 21, 2026
Finished Sq Ft:
4,920
Total Sq Ft:
4,920
Lot Size:
27,007 sqft / 0.62 acres (approx)
Year Built:
1897
Units:
4
Schools
Interior
Above Grade Finished Area
4920
Bathrooms
4 Full Bathrooms
Flooring
Wood
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
12
Exterior
Construction Materials
Stone
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive, Assigned
Parking Spots
8
Parking Total
8
Roof
Rubber
Stories
12
Financial
Tax Year
2025
Taxes
$15,245
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Andover as of Nov 08, 2026
3
Multi Family Listed
96
Avg DOM
355
Avg $ / SqFt
$1,466,666
Avg List Price
Community
- Address42-48 Red Spring Rd Andover MA
- CityAndover
- CountyEssex
- Zip Code01845
Subdivisions in Andover
- Bancroft
- Eden Lane Estates
- Fieldstone Meadows
- Fosters Pond
- Jordyn Lane Estates
- On the corner of the popular Candlewood Neighborhood!
- Phillips Academy
- Phillips Academy & Town Center nearby!
- Regency Ridge
- Shawsheen
- Single family Cul-De-Sac in Andover Country Club Community!
- Smithshire Estates
- Somerset Village
- South Main / Phillips Academy
- Weeping Willow Estates
- West Andover
Similar Listings Nearby
Property Summary
- 42-48 Red Spring Rd Andover MA is a Multi Family for sale in Andover, MA, 01845. It is listed for $1,499,999 To schedule a showing of MLS#73580238 at 42-48 Red Spring Rd in Andover, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Century 21 North East. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
42-48 Red Spring Rd
Andover, MA