Investment Properties for Sale in Andover, MA

2 results

0 listings scored
Property at 42-48 Red Spring Rd, Andover, MA 01845
1 / 26
Active
Open

$1,499,999

42-48 Red Spring Rd, Andover, MA 01845

12 bds
|
4 ba
|
4920 sqft
MLS® 735802384 Family - 4 Units Side by Side
Century 21 North East - Pratt Properties Team
Property at 2-4 Brechin Ter, Andover, MA 01810
1 / 42
Active
Price
Open

$1,050,000

2-4 Brechin Ter, Andover, MA 01810

5 bds
|
3 ba
|
2741 sqft
MLS® 734986132 Family - 2 Units Side by Side
Engel & Volkers Boston - Post Advisory Group

Estimates — not financial advice

This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.

Investing in Andover, MA: income properties at a glance

There are 2 multi-family and income properties for sale in Andover, MA right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.

Income properties for sale
2
Median list price
$1,275,000

Among the 2 listings shown above

Median price per unit
$450,000

2 listings with a known unit count

Unit mix

  • 2-family: 1
  • 4-family: 1

Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.

Andover, MA housing market reportAll homes for sale in Andover, MA

Brokerage Information

eXp Realty

165 Thorndike Street, Lowell, MA, 01852

(978) 267-7409

License #9589109

Market Area Served

Boston, Worcester, Waltham, Lowell, Norwood, Burlington, Framingham, Fitchburg, Newton and many more.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.