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80 Carmel Road, Andover, MA 01810
$1,869,000
80 Carmel Road, Andover, MA 01810View this property at 80 Carmel Road, Andover, MA 01810
80 Carmel RoadAndoverMA01810
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Property Description
One in a Million Investment Opportunity! RARE! 5 oversized apartments, nicely updated, with separate utilities, coin operated laundry area, plenty of off street parking & only .8 of 1 mile to town center Andover at the intersection of Elm St & Main St. NEEDED: Hardworking, smart buyer who recognizes opportunity, can live here, and manage 1st investment property, or seasoned investor looking to add a winner to investment portfolio. Property may have potential for condo conversion in the future. Replacement windows, vinyl sided exterior, roof replaced in 2018. Pictures in listing photos are of vacant unit #5. 4 out of the 5 units are in similar condition to the interior pictures shown here. Unit #3 is the unit needing the most updating. Pretty treed backyard, located next door to 20 acres of walking trails in the Carmel Woods Reservation. Floor plans, additional information sheet including income/expenses, & GIS maps, are available in mls under paperclip. EXCITING OPPORTUNITY!
Full Property Details
Full Property Details for 80 Carmel Rd
General
- Sold For: $1,869,000
- Taxes: $21,416 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 73100669
- Added to Site: 409 day(s) ago
Interior
- Number of Rooms: 33
- Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen), Unit 3 Rooms(Dining Room, Kitchen, Family Room, Office/Den), Unit 4 Rooms(Living Room, Dining Room, Kitchen, Office/Den, Other (See Remarks))
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Gas Water Heater
- Flooring: Tile, Carpet, Laminate, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 6
- Half Bathrooms: 2
- Main - Full Baths: 6
- Main - 1/2 Baths: 2
Bedrooms
- Total Bedrooms: 15
Additional Information
- Year Round: Yes
Exterior
- Exterior Features: Rain Gutters
- Color: gray
Parking
- Total Spaces: 8
- Parking Features: Paved Drive, Off Street
Location
- Area: In Town
- County: Essex
- Driving Directions: Elm Street or Walnut Avenue to Carmel Road.
School Information
- Elementary School: Bancroft
- Middle School: Doherty
- High School: A.H.S.
Heating & Cooling
- Cooling Type: Central Air, Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
- Heating Type: Forced Air, Natural Gas, Unit 1(Hot Water Baseboard, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)
- Heating Fuel: Forced Air, Natural Gas, Unit 1(Hot Water Baseboard, Gas), Unit 2(Forced Air, Gas), Unit 3(Forced Air, Gas)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
- Roof: Shingle, Rubber
- Stories/Levels: 15
- Square Feet: 9,109
- Sq. Ft. Source: Public Records
- Living Area: 9,109 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.69
- Lot Dimensions: .69
- Frontage: Public
- Street/Road Desc.: Paved
- Lot Features: Wooded
Financial Considerations
- Price Per Sq. Ft.: $205.18
- Tax Amount: $21,416
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5
- Sub-Agency Relationship Offered: None
- Compensation Based On: Net Sale Price
- Exclusions: 3 Coin Operated Dryers & 2 Coin Operated Washers, And All Appliances In 5 Units Stay With Property.
- Disclosures/Rstr.: There was a frozen pipe this past winter, repairs to pipes were made, will see some evidence of this in unit #3, and small area in unit #5 in half bath.
- Property ID: M:00020 B:00073 L:0000A, 1836163
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Schools
Schools serving 80 Carmel Rd
School District:Andover Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
58 Beacon St, Andover, MA 01810 | PK-5 | 1.7 mi | |
50 Bartlet St, Andover, MA 01810 | 6-8 | 0.9 mi | |
80 Shawsheen Rd, Andover, MA 01810 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 80 Carmel Rd
Date
Details
Price
Change
Source
6/15/2023
Sold
$1,869,000
10.01%
MLS
4/19/2023
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
80 Carmel Road, Andover, MA 01810 (MLS# 73100669) is a Multi-Family property that was sold at $1,869,000 on June 15, 2023. This property was listed by Carla Burns from our Andover Office.Want to learn more about 80 Carmel Road? Do you have questions about finding other Multi-Family real estate for sale in Andover? You can browse all Andover real estate or contact a Coldwell Banker agent to request more information.