Address
327 Salem St., North Andover, MA
Price
$ 999,000
Property Attributes
  • MLS#73003817
  • TypeMulti-Family
  • CountyESSEX
  • CityNorth Andover
  • Zip01845
  • StyleMulti Family
  • Year Built1770
  • Taxes$ 10688
  • Price$ 999,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3661
  • Lot Size1.32 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

This ICONIC property has been the object of admiration of North Andover for literally hundreds of years. Owned and loved by the same family for the last 55 years, 327 Salem Street has SO much to offer. Absolutely stunning grounds feature mature, flowering plantings, fruit trees, gorgeous smoke tree, patio area, garden area AND a sub-dividable, buildable lot (see disclosures). The main house first floor has been renovated & has updated Kitchen w/ granite counters & Brazilian cherry flooring. Family rm has pellet stove & slider which leads to patio area & has views of the backyard. Full bath has tile shower, Formal Dining Rm & Living Rm (currently being used as a bedroom). 2nd floor has 2 bedrooms w/ wide pine floors & a Home Office. 700 sq ft is gutted to the studs for future 2 bedrooms, Laundry Rm & 2 full baths. Apartment has 4 rooms plus full bath & stackable laundry. The barn has so much potential for studio or could be converted to the 2nd unit if Main house & apt are combined.

Elementary School High School
Sargent Elementary School Nahs High School
Price History
6/24/2022 Listed $999,000

General Features

Appliances Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator, Vent Hood), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
Basement Partial, Interior Entry, Concrete
Building Area Units Square Feet
City North Andover
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, Sidewalks
Construction Materials Post & Beam
Cooling Unit 1(None)
County Essex
Directions Salem St. near Dale Street
Disclosures 2-Family Home. 700 Sq Ft In The Second Floor Of The Main House Is Gutted To The Studs And Unheated Which Includes 2 Bedrooms & 2 Baths. Tenant Is At Will And Moving Out In July. Subdividable Lot Requi
Electric Fuses, Circuit Breakers, 100 Amp Service
Elementary School Sargent
Energy Efficient Thermostat
Exclusions Please See Included/Excluded List
Exterior Features Rain Gutters, Fruit Trees, Garden, Stone Wall
Garage Y/N No
Grossincome 23400
Heating Unit 1(Forced Air, Gas)
High School Nahs
Home Warranty Y/N No
Interior Features Unit 1(Stone/Granite/Solid Counters, Bathroom with Shower Stall, Slider), Unit 1 Rooms(Living Room, Dining Room, Kitchen, Family Room, Office/Den), Unit 2 Rooms(Living Room, Kitchen)
Lot Size Square Feet 57499
Middle/Junior High School Na
Net Operating Income 23400
Other Structures Barn/Stable
Patio/Porch Features Patio
Property Condition Unit 1 Remodeled
Property SubType Multi Family
Property Type Residential Income
Roof Shingle
Senior Community Y/N No
Sewer Public Sewer
Showing Instructions Accompanied Showings, Appointment Required, Sign, Schedule with ShowingTime or Call 888-627-2775, Call Showingtime
Standard Status Active
Status Active
Street Name Salem St.
Tax Annual Amount 10688
Tax Lot 00000
Tax Year 2022
TaxAssessedValue 768200
Total Actual Rent 1950
Total Rooms 14
Total Units 2
Utilities for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Waterfront Y/N No
Year Built 1770
Year Built Details Approximate, Renovated Since, Under Construction
Yearbuiltsource Public Records
Zoning R3

Interior Features

Air Conditioning Y/N No
Fireplace Y/N Yes
Flooring Tile, Carpet, Hardwood, Pine, Unit 1(undefined)
Full Baths 4
Heating Y/N Yes
Laundry Features Washer Hookup
Total Baths 4
Total Bedrooms 6
Total Fireplaces 1
Total Stories 3

Exterior Features

Living Area 3661
Building Area Total 3661
Door Features Insulated Doors
Foundation Details Stone
Lot Features Level
Lot Size Acres 1.32
Lot Size Area 1.32
Lot Size Units Acres
Parking Features Off Street, Stone/Gravel
Road Frontage Type Public
Road Responsibility Public Maintained Road
Road Surface Type Paved
Total Parking 9
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01845

Price
AVG $800K
$1,000K
Taxes
AVG $7,738
$10,688
Visits
AVG 6
8
Year Built
AVG 1801
1770

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