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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.

More Info

Basic Information

  • Gross Income $91,200
  • Mls StatusPrice Changed
  • Parcel Number 1839982

Tax Information

  • Tax Year 2025
  • Taxes$15,245

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Assigned
  • Parking Spaces8

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms12
  • Full Bath4

Basic Information

  • List Price$1,499,999
  • MLS Number73580238
  • Modification Date09/22/2026
  • Property SubType4 Family - 4 Units Side by Side

Location

  • Address42-48 Red Spring Road
  • Building Number42-48
  • CountyEssex
  • StateMA
  • StreetRed Spring Road
  • TownAndover
  • Zip01845

Building

  • BasementFull, Walk-Out Access, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Stone
  • FoundationConcrete Perimeter
  • Levels 12
  • Rooms28
  • Stories12
  • Units4
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1897
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.62

Interior

  • Flooring Wood

Exterior

  • RoofRubber

Utilities

  • Electric 100 Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Owner
  • Living Area 4,920
  • Lot Size Square Feet 27,007
  • Lot Size Units Acres
  • Square Feet4,920

Amenities

  • Other AmenitiesBasement

Legal

  • ZoningSRA

Other

  • Date Listed09/21/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Pratt Properties Team of Century 21 North East

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