Sold
Last Sold Price
9 beds4,738 sqft
54 Salem St, Andover, MA 01810
Multi FamilyProperty Type
0.83 acresLot Size
1900Year Built
$259/sq ftPrice per sq ft
20 carsParking Spaces

Description

Take advantage of this Amazing and Rare investment opportunity to own a lovely six (6) unit, multi-family Victorian home in the sought after Phillips Academy area. This fantastic investment property or condo conversion is situated on a beautiful .83 acre lot in one of the most prestigious neighborhoods in Andover. This home is filled with period architectural design details beginning with a covered wrap around porch that leads to an expansive grand foyer boasting its original staircase, beautifully...Take advantage of this Amazing and Rare investment opportunity to own a lovely six (6) unit, multi-family Victorian home in the sought after Phillips Academy area. This fantastic investment property or condo conversion is situated on a beautiful .83 acre lot in one of the most prestigious neighborhoods in Andover. This home is filled with period architectural design details beginning with a covered wrap around porch that leads to an expansive grand foyer boasting its original staircase, beautifully stained glass windows and Victorian millwork. This home's charm and character continue throughout the large and impressive property with original hardwood flooring, high ceilings and ornate fireplaces. Within walking distance to all of the fabulous shops, restaurants and parks that down-town Andover has to offer. Enjoy Andover's Hiking Trails as well as Pomps Pond for seasonal/recreational fun! Andover offers a terrific school system & easy access to the Commuter train/Routes 93 & 495.
  • Listed by: Sherri DiBarri • Hancock Realty Group LLC
Listing closed: 12/11/2020 12:00 AM • Source: MLS PIN, MLS#: 72745255

Location

Listing Courtesy of Hancock Realty Group LLC, Sherri DiBarri
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$7,752 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,330

Property Taxes

$1,422

HOA Dues

$0

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Property Information for 54 Salem Street

Property Details
  • Taxes: $17,066 / year
  • MLS Type: Multi-family / 5-9 Family
  • County: Essex County
  • Town: Andover
  • Area: MA-Andover
  • Garage Spaces: 0
  • Parking Spaces Total: 20
Building Information
  • Stories: 9
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 0.83 AC / 36,320 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Current Financing: Other
  • Living Area: 4738.0
  • Color: Brown
  • Total Units: 6
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Bancroft School
  • High School: Andover High
  • Middle School: Doherty School
Features
Interior Features
  • Appliances: Range, Refrigerator, Gas Water Heater
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 5
  • Flooring: Wood, Vinyl, Hardwood Floors
  • Interior Features: Internet Available - Fiber-Optic, Mudroom
Exterior Features
  • Construction: Concrete
  • Exterior Features: Balcony, Rain Gutters, Storage Shed, Balcony/Deck
  • Exterior Features: Balcony, Storage Shed, Porch, Deck - Wood, Covered Patio/Deck
  • Lot Description: Level
  • Patio And Porch Features: Porch, Deck - Wood, Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Green Energy Efficient: Varies per Unit
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Listing agent/seller not responsible for any square footage discrepancy,buyer to do due dilligence. The property will be sold As-Is.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:00041 B:00050 L:00000,1838021
  • Assessments: $1,137,000
  • Book: 16226
  • Tax Year: 2020
  • Zoning: SRB
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Estimated
  • GOI: $.00
  • NOI: $.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,200.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Selling Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 54 Salem Street

DateEvent & SourcePriceAppreciation
Dec 11, 2020

Sold

MLS PIN #72745255

$1,225,000
Oct 20, 2020

Under Agreement

MLS PIN #72745255

Oct 20, 2020

Contingent

MLS PIN #72745255

DateEvent & SourcePrice
12/11/2020

Sold

MLS PIN #72745255

$1,225,000
10/20/2020

Under Agreement

MLS PIN #72745255

10/20/2020

Contingent

MLS PIN #72745255

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

Public Records for 54 Salem Street

Taxable ValueLand$693,300Additions$922,500Total$1,615,800
Tax Record2025$20,181 ($1,682 / month)
Home Facts
Baths6Total Finished SqFt4,739 SqFtAbove Grade Finished SqFt4,739 SqFtUnfinished Basement SqFt1,899 SqFtStories2Lot Size36,320 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningSRBCountyESSEXAPNANDO M:00041 B:00050 L:00000

Schools near 54 Salem Street

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 - 9 to 12
Rating
School
Distance
Bancroft Elementary School
PublicK to 5

Doherty Middle School
Public6 to 8

Andover High School
Public9 to 12

Phillips Academy
Private9 to 12

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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 54 Salem Street, Andover, MA 01810
$1,225,000
9
4,738
36,320
$775,500
5
3,271
19,294
$685,000
5
3,459
11,120
$2,640,000
4
5,407
55,191
$600,000
3
2,218
54,450
$1,215,000
5
4,854
34,835

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 Hancock Realty Group LLC, Sherri DiBarri

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.