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Top-Floor Residential Income Property
For Sale
$285,000

1 Colonial Dr, Andover, MA 01810

One-bedroom condominium with private storage, on-site laundry, and included heat, hot water, and gas.

Property SizeContact for details
Days on Market8

Property Features for 1 Colonial Dr

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Amenities

laundry facilities
private storage
air conditioning
Range
Dishwasher
Microwave
Refrigerator
Wall Unit(s), Dual
Tile
Laminate
Baseboard, Natural Gas
1.0 Story
$3,422 Taxes
Public
Built in 1969

Building Details

Year Built 1969
Listing Agency: Silver Key Homes Realty
Listed By: Kristen Keegan
Source: Donahuere
Added: Aug 13 Changed: Aug 16 Last Checked: Aug 20 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silver Key Homes Realty

Investment Insights

Based on property information with market context.

This top-floor, one-bedroom condominium at Colonial Drive Condominiums was built in 1969 and is described as well maintained. Laminate flooring extends through the dining room, living room, and bedroom, while the kitchen and bathroom feature tile flooring. The kitchen includes a range, refrigerator, dishwasher, microwave, and substantial cabinet storage. Two built-in air-conditioning units and generous closet space add practical functionality.

Building amenities include laundry facilities and a private storage area assigned to the unit. The condominium fee includes heat, hot water, and gas. The property is located at 1 Colonial Dr in Andover, Massachusetts.

Key Highlights

  • Top‑floor one‑bedroom condominium at Colonial Drive Condominiums
  • Laminate flooring in the dining room, living room, and bedroom
  • Kitchen includes range, refrigerator, dishwasher, and microwave

Property Analytics

Current Use

Colonial Drive Condominium Condominium Complex Colonial Drive Condominiums Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Barber Shop Electrical Service Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 01810, MA

35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom condominium with private storage, on-site laundry, and included heat, hot water, and gas.
Where is this residential income property located?
The property is located at 1 Colonial Dr Andover, MA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Top‑floor one‑bedroom condominium at Colonial Drive Condominiums; Laminate flooring in the dining room, living room, and bedroom; Kitchen includes range, refrigerator, dishwasher, and microwave
More about this property
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