451 Andover St, North Andover, MA 01845 - MLS 72398537 | Berkshire Hathaway HomeServices New England Properties
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  • 451 Andover St, North Andover, MA 01845
  • $4,750,000
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • 0 Full BathroomFull Bathrooms
  • 0 Half BathroomHalf Bathrooms
  • Sqft
  • Sold On

451 Andover St, North Andover, MA 01845

  • Open House
  • New Listing
  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • Sqft
  • Commercial
  • Active
  • MLS# 72398537
  • Sold On
0 More Schedule
  • Price Reduced

Property Information

  • MLS72398537
  • Zip Code01845
  • TypeCommercial
  • Parking250
  • Year Built1990
  • Acreage1.06
  • Estimated Taxes$6, 812

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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About North Andover, MA

Welcome to North Andover Located in Essex county, Massachusetts, North Andover is a wonderful place to live.

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Listing courtesy of: Thomas Slayton, Centre Realty Group © 2019 MLS Property Information Network, Inc. All Rights Reserved.