Multi-Family for Sale: 100 Elm St, North Andover, MA 01845 SOLD

6 beds
4 full, 2 half baths
3,620 sqft
$1,225,000
$1,225,000
100 Elm St, North Andover, MA 01845 SOLD
6 beds
4 full, 2 half baths
3,620 sqft
$1,225,000
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Selling Price: $1,225,000
Original List Price: $1,150,000
Sold at 106.5% of list price
Sold Date: 10/11/2024

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Type Multi-Family
Beds 6
Total Baths 4 full, 2 half baths
Square Feet 3,620 sqft
Lot Size 0.16 acres
Year Built 1849
City North Andover
County Essex
MLS 73278091
Status Closed
DOM 57 days
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%.

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,563
Water Public
Foundation Other
Full Baths 4
Half Baths 2
Parking Off Street, Paved
Total Rooms 20
Garage Spaces 0

Price History of 100 Elm St

Date Name Price Difference
08/15/2024 Listing Price $1,225,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 100 Elm St, North Andover, MA

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Photo of Theresa Clark
Direct: 603-969-7841
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Horvath & Tremblay, Spencer Norton
Sold by Horvath & Tremblay, Spencer Norton
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6.75%
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Listing information courtesy of: Horvath & Tremblay

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