451 Andover StreetNorth Andover, MA 01845MLS Number 72398537

  • Price: $4,750,000
  • 58 Days on Market
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Federal 30-year interest rate: 4.94% last updated on Nov 15, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1.06Acreage
  • 1990Year Built
  • 250Parking Spaces
  • CIProp Type

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This is a portfolio sale consisting of 29 individual office condominiums that have an assessed value of $5,767,800. The office condominiums are 95% occupied with a current NOI (including management fee) of $291,016 (a CAP rate of 6.13%). The buildings are located across the street from Merrimack College and are zoned for both medical and office use. There is an abundance of available parking at this location.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Parking Spaces250

Building

  • Year Built1990
  • No Buildings2
  • No Stories4
  • Entry OnlyNo
  • Assessed Value Bldg333100

Property

  • Acreage1.06
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size46000
  • Assessed Value Land1000000
  • Main LoBB5200

Basic Information

  • StatusACT
  • MLS Number72398537
  • Prop TypeCI
  • Status Date2018-09-20T10:58:00
  • Date Listed09/20/2018
  • List Price$4,750,000
  • LeaseNo
  • DirectionAt the intersection of RT 125 and Turnpike Street - only a mile from RT 495 (Exit #42)

Photos

  • Photo Date2018-09-20T10:58:00
  • Number of Photos3

Other

  • Modification Date2018-09-24T04:05:00
  • Property TypeCommercial Condo
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Book10552
  • Listing AgreementExclusive Right to Sell
  • Off Bldg Sf33553
  • ExchangeNo
  • Page183
  • View Count2

Location

  • Building Number451
  • Street No451
  • StreetAndover Street
  • TownNorth Andover
  • StateMA
  • Zip01845
  • Zip Code 45036
  • CountyEssex

North Andover, MA Demographics

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North Andover, MA Real Estate Market Data

There is no data available

North Andover, MA Schools

School NameDistanceTypeGrades

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 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 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, or as to the accuracy of any of the Images, set forth herein.

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