Back to Search
Side-by-Side Duplex With Renovations

2-4 Brechin Ter Andover, MA 01810

2-4 Brechin Ter, Andover, MA, 01810
$1,100,000
For Sale
$1,100,000

Other - Andover, MA

Property Size2,741 SF
Lot Size0.23 Acres
Price / SF$401.31
Days on Market53

Property Features for 2-4 Brechin Ter

General Information

Property type
Other
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
4
Parking features
Off Street
Standard status
Active
APN
1838791
Size
2,741 SF
Lot size
0.23 Acres

Building Details

Year built
1907
Flooring type
Tile, Wood
Architectural style
Other
Listing Agency Engel & Völkers Boston
46 Gloucester Street, Boston, MA
Listed by Valerie Post
Added: May 27 Checked: Jul 18 at 6:06 pm
MLS# 73498613 Listing URL

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

2-4 Brechin Ter is a side-by-side duplex offering two separate residential units. One unit has been fully renovated with a 3-bedroom, 2-bath layout, including a designer kitchen, modernized bathrooms, and fresh flooring. The second unit provides a 2-bedroom, 1-bath configuration.

Exterior improvements include premium Hardie siding and a brand-new roof, aimed at reducing ongoing maintenance needs.

The property is offered for sale and includes a total size of 2,741 square feet on a 0.23-acre lot in Andover, Massachusetts.

Key Highlights

  • Side‑by‑side duplex built in 1907 with off‑street parking
  • Exterior overhaul includes premium Hardie siding and a brand‑new roof
  • One unit renovated with a 3‑bed, 2‑bath layout and a designer kitchen

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.1k $25.20
− Vacancy −$3.1k −$1.13
EGI $66.0k $24.07
− OpEx −$19.8k −$7.22
NOI $46.2k $16.85
2,741 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$659.6K
$577.2K – $769.6K (±1% cap)
NOI $46,175 @ 7.0% cap · market cap 4.20%
Second Best
Apartment 5plus
$595.4K
$521.0K – $694.7K (±1% cap)
NOI $41,681 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,586 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Veterinary Clinic

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

FAQs

What type of property is this?
Duplex - Side-by-side duplex with updated units, featuring a 3-bed/2-bath renovated home and a 2-bed/1-bath unit.
Where is this duplex located?
The property is located at 2-4 Brechin Ter Andover, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1907 with off‑street parking; Exterior overhaul includes premium Hardie siding and a brand‑new roof; One unit renovated with a 3‑bed, 2‑bath layout and a designer kitchen
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message