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Recently Remodeled 3–4 Bedroom Apartment
For Lease
$3,500/Mo

80 Carmel Road Unit 5, Andover, MA 01810

Single-level 3–4 bedroom unit with extra storage, off-street tandem parking, and a shared back yard.

Property Size1,726 SF
Days on Market25

Property Features for 80 Carmel Road Unit 5

General Information

Standard status Active
Size 1,726 SF
Property subtype Apartment
Lease Type /mo

Building Details

Year Built 1920
Listing Agency: RE/MAX Partners
Listed By: Carl Strube
Source: Lockandkeyre
Added: Jul 6 Changed: Jul 25 Last Checked: Jul 30 at 6:11AM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

Enjoy single-level living in a large 3–4 bedroom apartment located at the end of a cul-de-sac near downtown Andover. The unit has been recently remodeled and painted, offering a ranch-home style layout without yard upkeep responsibilities.

Additional conveniences include extra storage and off-street tandem parking. Walking trails are across the road, and the property provides outdoor space with a large back yard shared with four other apartments.

The landlord is seeking a minimum 700+ credit profile, stable income, and credit references. The lease term is at least 12 months, with a preference for longer-term occupancy.

Key Highlights

  • Single‑level 3–4 bedroom apartment in a building built in 1920
  • Recently remodeled and freshly painted
  • Extra storage plus off‑street tandem parking

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Food Market

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

NNN (Triple Net)
Lease Type
$3.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

557
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

Market

Lease Benchmarks for Andover, MA

$36.37 /SF/Yr
Avg Asking Price
$21.07–$65.87 /SF/Yr
Price Range
1,453 SF
Avg Space Size

This space is priced 33% below the average of $36.37 /SF/Yr.

Properties on Market for Residential income properties in Essex County

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Frequently Asked Questions

What type of property is this?
Residential income property - Single-level 3–4 bedroom unit with extra storage, off-street tandem parking, and a shared back yard.
Where is this residential income property located?
The property is located at 80 Carmel Road Unit 5 Andover, MA.
What is the lease rate?
The lease rate is $3,500 /Mo.
What are key features of this property?
This property features: Single‑level 3–4 bedroom apartment in a building built in 1920; Recently remodeled and freshly painted; Extra storage plus off‑street tandem parking
More about this property
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