$1,300,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
19-29 East Water North Andover, MA 01845
11 Beds
6 Baths
4,224 SqFt
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 4,224 sqft
Price per Sqft $307
MLS Listing ID 73040847
Sold Date 02/10/23
Bedrooms 11
Full Baths 6
Year Built 1900
Annual Tax Amount $11,724
Tax Year 2022
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
19-29 E Water Street is a 2-story, multi-family building with six (6) total units, consisting of four (4) 2-Bedroom/1-Bathroom units, one (1) 2+Bedroom/1-Bathroom unit, and one (1) 1-Bedroom/1 Bathroom unit with 4,224 square feet of living area in 6,336 total gross square feet on a 0.521-acre parcel. The building features off-street parking and a 3-car garage which is rented for additional income. The units are separately metered for electricity and the landlord is responsible for heat in five of the six units. The current rents in the Property are below market rates and offer the opportunity to increase rents to market rates via programmatic updates to the unrenovated units (5). All units are direct-entry townhouse style units.
Location
State MA
County Essex
Zoning R4
Direction GPS
Rooms
Basement Bulkhead
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen, Office/Den), Unit 4 Rooms(Living Room, Kitchen)
Exterior
Garage Spaces 3.0
Total Parking Spaces 10
Garage Yes
Building
Lot Description Other
Story 10
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Spencer Norton • Horvath & Tremblay
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