Active
12 beds4,920 sqft
42-48 Red Spring Rd, Andover, MA 01810
Est: $9,022/moGet pre-approved
Multi FamilyProperty Type
0.62 acresLot Size
1897Year Built
$305/sq ftPrice per sq ft
8 carsParking Spaces

Description

Attention Investors! EXTREMELY Rare Andover opportunity featuring TWO two-family properties with a total of four townhouse-style units. Acquire four income-producing units in one transaction with strong rental and value-add potential. Ideal for buy-and-hold investors, portfolio expansion, renovations, or potential future condo conversion, subject to buyer due diligence and required approvals. Properties are being sold together. Don’t miss this unique multi-unit investment opportunity in Andover.Attention Investors! EXTREMELY Rare Andover opportunity featuring TWO two-family properties with a total of four townhouse-style units. Acquire four income-producing units in one transaction with strong rental and value-add potential. Ideal for buy-and-hold investors, portfolio expansion, renovations, or potential future condo conversion, subject to buyer due diligence and required approvals. Properties are being sold together. Don’t miss this unique multi-unit investment opportunity in Andover.
Days on Market Listed Today
Last updated: 09/21/2026 02:23 PM • Source: MLS PIN, MLS#: 73580238

Open Houses

Saturday, Sep 26th12:00 PM - 2:00 PM
Sunday, Sep 27th12:00 PM - 2:00 PM

Location

Listing Courtesy of Century 21 North East, Pratt Properties Team; Century 21 North East, Eylen Arbelaez; Century 21 North East, Peggy Pratt
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Payment Calculator

$9,022 per month

30 year fixed, 6.71% Interest

Principal and Interest

$7,751

Property Taxes

$1,270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 42-48 Red Spring Road

Property Details
  • Taxes: $15,245 / year
  • MLS Type: Multi-family / 4 Family - 4 Units Side by Side
  • County: Essex County
  • Town: Andover
  • Area: MA-Andover
  • Garage Spaces: 0
  • Open Parking Spaces: 8.00
  • Parking Spaces Total: 8
Building Information
  • Stories: 12
  • Residences: 4
  • Year Built: 1897
  • Lot Size: 0.62 AC / 27,007 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 4920.0
  • Color: beige
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Stone
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Assigned
  • Open Parking: Yes
  • Parking Features: Paved Drive, Assigned
  • Parking Features: Assigned
Utilities
  • Electric: 100 Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Tenant at Will on all units
Tax Information
  • Tax ID: 1839982
  • Assessments: $0
  • Book: 16226
  • Tax Year: 2025
  • Zoning: SRA
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 12
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 12
Income / Expenses
  • GOI: $91,200.00
  • NOI: $91,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 3
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 3
Unit 4 Description
  • Floor U4: 1
  • Lease U4: N
  • Levels U4: 3
Rental Info
Rental Info
  • Total Actual Rent: $7,600.00

Property History for 42-48 Red Spring Road

DateEvent & SourcePriceAppreciation
Sep 21, 2026

Price Change

MLS PIN #73580238

$1,499,999
Sep 21, 2026

Listed (Active)

MLS PIN #73580238

$14,999,999
DateEvent & SourcePrice
09/21/2026

Price Change

MLS PIN #73580238

$1,499,999
09/21/2026

Listed (Active)

MLS PIN #73580238

$14,999,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 42-48 Red Spring Road

This home is within Andover School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
West Elementary School
PublicK to 5

Andover West Middle School
Public6 to 8

Andover High School
Public9 to 12

St. Augustine Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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42-48 Red Spring Road is a multi-family home for sale in Andover, MA 01810. This listing's school district is Andover School District. Nearby schools include West Elementary School, Andover West Middle School and Andover High School. 42-48 Red Spring Road is a 12-bed, 4-bath, 4,920 sqft multi-family home built in 1897.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East, Pratt Properties Team; Century 21 North East, Eylen Arbelaez; Century 21 North East, Peggy Pratt

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.