Building Details

Year Built 1925

Listing Agency: William Raveis R.E. & Home Services Show Phone

Listed By: Cathy Johnson

Source: Donahuere

Added: Jul 14 Changed: Aug 12 Last Checked: Aug 13 at 3:05AM

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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 William Raveis R.E. & Home Services

Investment Insights

Based on property information with market context.

This residential income property is a one-bedroom, one-bath condominium at The Balmoral in Andover. Positioned on the top floor, the unit is described as bright, with restoration work currently underway. The condominium is located at 16 Balmoral Street and is part of a 1925 building.

Key Highlights

• One‑bedroom, one‑bath condominium
• Top‑floor unit at The Balmoral
• Restoration work currently underway

Property Analytics

Property Profile

Current Use

The Balmoral Condominium Complex Brian Ricci Life ... Life Coach E-Z Ladder Rack Marketing & Advertising Distinctive Impressions Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Daycare Center

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

567

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Residential income property - One-bedroom, one-bath condominium on the top floor with restoration underway.

Where is this residential income property located?

The property is located at 16 Balmoral Street Andover, MA.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: One‑bedroom, one‑bath condominium; Top‑floor unit at The Balmoral; Restoration work currently underway