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    177 Massachusetts Ave North Andover, MA 01845

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    For Sale
    $1,274,900

    Two multifamily homes with modern updates in a sought-after location.

    Lot size:
    0.23 Acres

    Property Features for 177 Massachusetts Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1929

    Source: RE/MAX Beacon Agent Melissa Silva

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Homes in North Andover

    Located in the Library Area of North Andover, these side-by-side multifamily homes offer a blend of charm and modern updates. The properties consist of four units. Each unit features a layout with living rooms and eat-in kitchens. The first-floor units include 2 beds and 1 bath, with one unit featuring a wood-burning fireplace. The second-floor units offer 1 bed and 1 bath. 183 Massachusetts Ave has a partially finished lower level with two bonus rooms. 177-179 Massachusetts Ave includes a 2-car garage. The properties feature hardwood floors, newer roofs, Harvey/vinyl replacement windows, separate boilers, newer gas hot water heaters, updated electrical, and laundry hookups.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1381663
    Latitude
    42.6955392

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    FAQs

    What type of property is this?
    Multifamily property - Two multifamily homes with modern updates in a sought-after location.
    Where is this multifamily property located?
    The property is located at 177 Massachusetts Ave North Andover, MA.
    What is the asking price?
    The asking price for this property is $1,274,900.
    What are key features of this property?
    This property features: - Two side-by-side multifamily homes in North Andover's coveted Library Area; - Four units total: two units with 2 bed, 1 bath and two units with 1 bed, 1 bath; - **Hardwood floors throughout most of the properties**
    (617) 803-5334
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    177 Massachusetts Ave North Andover, MA 01845
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    North Andover, MA 01845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    177 Massachusetts Ave North Andover, MA 01845
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