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    Andover, MA
    Residential Income

    Andover, MA Residential Income Properties for Sale

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    Tewksbury, MA Lawrence, MA North Andover, MA Methuen, MA North Reading, MA Billerica, MA Dracut, MA Lowell, MA
    Side-by-Side Duplex With Renovations
    Updated: May 27
    Side-by-Side Duplex With Renovations

    2-4 Brechin Ter, Andover, MA 01810

    $1,100,000
    2,741 sqft 0.23 AC lot
    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
    Renovated unit features modernized bathrooms and fresh flooring (tile and wood)
    Second unit offers a 2‑bed, 1‑bath configuration
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    This listing looks promising.

    Here's a quick look at some key insights for

    2-4 Brechin Ter, Andover, MA 01810

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $46K
      Annual

    • Price @ 7% Cap

      $660K
      Suggested

    • Property Type

      Duplex
      Built 1907
    View Property Analytics
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Property in Commuter-Friendly Location
    Multifamily Property in Commuter-Friendly Location

    4-6 Chelmsford Street, Methuen, MA 01844

    $899,900
    2,883 sqft

    Turnkey multifamily property with strong income potential and convenient location.

    View details
    Renovated Multifamily Property in Methuen
    Renovated Multifamily Property in Methuen

    82-84 Haverhill Street, Methuen, MA 01844

    $689,400
    1,824 sqft

    Centrally located, renovated multifamily property with modern amenities and convenient access.

    View details
    South Lawrence Multifamily Investment Opportunity
    South Lawrence Multifamily Investment Opportunity

    486 Andover St, Lawrence, MA 01843

    $1,100,000
    9,414 sqft

    Multifamily property in South Lawrence ready for modernization and high-yield potential.

    View details
    South Lawrence Multifamily Investment Opportunity
    South Lawrence Multifamily Investment Opportunity

    356-360 S Union St, Lawrence, MA 01843

    $700,000
    0.14 AC lot

    Two buildings, five units, convenient location, below market rents.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Opportunity on Andover Street
    Development Opportunity on Andover Street

    1575 Andover St, Tewksbury, MA 01876

    $2,000,000
    2.10 AC lot

    Two parcels totaling over 2.1 acres for development.

    View details
    Methuen Historic District Land Opportunity
    Methuen Historic District Land Opportunity

    281 Broadway, Methuen, MA 01844

    $750,000
    0.50 AC lot

    Half acre in historic district near I-93 and New Hampshire.

    View details
    Residential Land in East Boxford
    Residential Land in East Boxford

    20-B Wildmeadow Road, Boxford, MA 01921

    $425,000
    6.27 AC lot

    6.27 acre lot with approved septic plans.

    View details
    Ready-to-Build Chelmsford Townhome Lot
    Ready-to-Build Chelmsford Townhome Lot

    26 Sprague Ave, Chelmsford, MA 01824

    $383,000

    Cleared Chelmsford townhome lot with utilities, ready for quick construction.

    View details

    Off-Market Properties in Andover, MA

    Consider similar Off-Market properties in Andover, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    141 Elm St
    BOARDING/ROOMING HOUSE

    141 Elm St, Andover, MA 01810-1600

    Value Estimation by Request
    81,975 sqft 9.37 AC lot
    View details
    109 Main St
    BOARDING/ROOMING HOUSE

    109 Main St, Andover, MA 01810-3804

    $595,000
    Estimated value
    3,055 sqft 0.20 AC lot
    View details
    254 Lowell St
    BOARDING/ROOMING HOUSE

    254 Lowell St, Andover, MA 01810-4600

    $13,640,000
    Estimated value
    57,827 sqft 9.31 AC lot
    View details
    15 Stevens St
    BOARDING/ROOMING HOUSE

    15 Stevens St, Andover, MA 01810-3599

    $18,135,000
    Estimated value
    146,728 sqft 8.93 AC lot
    View details

    Andover, MA Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Andover, MA on our real estate platform. These investment opportunities span a total of 2,741 square feet of properties for sale, with an estimated market value of $1,100,000.

    Sale prices for residential income properties in Andover, MA start at $1,100,000, averaging $1,100,000, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +0.0%
    Median Household Income $167,591
    College Educated 23.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $21.95 per SF
    Tax Rate vs County Average 0.64 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Andover fall within the 100,000+ square foot range.

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