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Discover a true gem in the Ballardvale section of Andover - an exceptionally rare find. This fully rented 7-unit multifamily property presents an outstanding opportunity to generate income from day one. Boasting a thoughtfully designed mix of units, including four one-bedroom apartments, two two-bedroom apartments, and one studio apartment, this investment is primed for success. Each unit has its own separate utilities, ensuring ease of management. The heating is facilitated by Forced Hot air, by Gas. For the convenience of residents, a coin-operated W&D is available in the common area. Parking will never be a concern with ample off-street parking spaces for residents. Positioned just uphill from Ballardvale center and the T commuter rail stop, this property offers exceptional connectivity. Embrace the outdoors with proximity to Andover's scenic Hiking Trails and the recreational haven of Pomp's Pond, promising year-round enjoyment. Easy Access to I93.

Property Details of 228 Andover Street

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Listed by Ryan Schruender of Schruender Realty

Andover, MA Demographics

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Andover, MA Real Estate Market Data

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Andover, MA Schools

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