$1,150,000
100 Elm St
North Andover, MA, 01845
The Property contains a total of 5 units, consisting of 2 commercial units, one (1), 1-Bedroom/1 Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit, and one (1) 3+Bedroom/2-Bathroom unit. The commercial units are leased to Simplicity Salon and CYR Construction, both of which have 3+ years remaining on their leases with scheduled annual rent increases. All the units have been updated and feature separately metered utilities. The Property is located in a residential urban infill area, with nearby amenities including local restaurants and retailers along Water Street and High Street and in the restored East and West Mill complexes. The property has a current cap rate of 7.51%.
Property Details
Price:
$1,150,000
MLS #:
73278091
Status:
Pending
Beds:
6
Baths:
5
Address:
100 Elm St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
North Andover
Listed Date:
Aug 15, 2024
State:
MA
Finished Sq Ft:
3,620
Total Sq Ft:
3,620
ZIP:
01845
Lot Size:
6,813 sqft / 0.16 acres (approx)
Year Built:
1849
Units:
5
Schools
Interior
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Exterior
Parking Features
Off Street, Paved
Parking Spots
6
Financial
Tax Year
2024
Taxes
$9,563
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…
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Courtesy of Horvath & Tremblay. 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.
100 Elm St
North Andover, MA
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