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SOLD 12/23/2021

37 Maple Ave, Andover, MA 01810$3,500,000

17
beds
14
baths
10103
ft2
· 38263
ft2 lot
$346 / ft2

Listing provided courtesy of Listing Broker: Sherri DiBarri, Hancock Realty Group
Source MLS PIN;
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Take advantage of this Amazing and Rare investment opportunity to own a 14 unit, multi-family property centrally located in Andover's bustling downtown area. This lucrative investment property is situated in a wonderful neighborhood, set on a lovely tree-lined street and boasts a large beautiful yard with plenty of green space. Coin operated washer/dryer machines are conveniently located in the basement and all gas boilers were replaced in 2019. This ideally located property is within walking distance to all of the fabulous shops, restaurants and parks that down-town Andover has to offer. Enjoy Andover's Hiking Trails and Pomp's Pond for seasonal/recreational fun! The Town of Andover offers a terrific school system as well as easy access to the Commuter Rail and Routes 93 and 495.

HOA

$—/month

On market

a day

Year built

1900

Property type

5+ Family 5+ Units Side By Side

Parking

20

MLS

72923251

Price / Sq.Ft.

$346 / ft2

Status

Sold

Home details for 37 Maple Ave

Interior Features & Layout
Appliances
•   
Hot Water: Natural Gas
Rooms Info
•   
Total Levels: 3, 9, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 1, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 1
•   
Total Rooms: 16, 41, 16
Bedrooms Info
•   
Total Beds: 17
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 14, 14
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Wood, Tile, Vinyl
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 14
Exterior Features
•   
Color: Grey
•   
Building Exterior Details: Shingles, Porch, Deck, Deck - Wood, Balcony, Professional Landscaping
Property Type
•   
Property Type: 5+ Family - 5+ Units Side by Side
•   
Mls Prop Type: 5+ Family - 5+ Units Side by Side
•   
Mls Property Type: Multi-family
Parking Info
•   
Garage Spaces: 2
•   
Parking Descriptions: Off-Street, Assigned, Paved Driveway
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
Lot Info
•   
Zoning: SRA
•   
Lot Description: Paved Drive, Level
•   
Acres: 0.88
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Property consists of two separate buildings (37 & 37A) Maple Avenue*
•   
Foundation: Fieldstone
•   
Roof: Slate
•   
Year Built Description: Actual
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Interior Access, Garage Access, Exterior Access
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3360025
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
•   
Finances Source: Estimated
•   
Apod Available
•   
Operating Expense: 12/21
Lease Info
•   
Gross Income: 196920
•   
Monthly Rent Unit 1: 1500
•   
Monthly Rent Unit 2: 1500
•   
Monthly Rent Unit 3: 1350
•   
Monthly Rent Unit 4: 1650
•   
Lease 4
•   
Total Rent: 16410
Listing Details
•   
Disclosures: Property being sold AS-IS* Property consists of two separate buildings (37 & 37A) Maple Avenue* ** 37 Maple Avenue consists of 11 units and 37A Maple Avenue consists of 3 units **
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2021
•   
Certificate Number: 000000006381
•   
Assessed Value: 1707200.00
•   
Taxes: 26103.00
•   
Apn: M:00038 B:00182 L:00000
Listing Contacts
•   
Selling Agent: CN203466
Terms
•   
Terms Feature: Contract for Deed
School Neighborhood & Directions
Location
•   
Street Number: 37
•   
Map Book: 16226
•   
Area: In Town
•   
Map Page: 278
•   
Directions: Maple Avenue is located between Walnut Ave and Elm Street.
•   
Road Type: Public
•   
Zip Code +4: 3530
School Info
•   
Elementary School: Bancroft
•   
High School: Andover HS
•   
Middle School: Doherty
Other
Other
•   
Main So: AN1124
Calculation
•   
Price Per Sqft: 346.43
•   
List Price Per Sqft: 346.43
•   
Sold Price Per Sqft: 346.43
•   
Cdom Property: 2
•   
Cdom Broker: 2
•   
Cdom: 2

Neighborhood snapshot

23
Properties for sale
16
Median days on market
$333.24
Median sold price/sqft
104.36%
Sold/List %
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Property History for 37 Maple Ave

12/23/2021
12/23/2021
Public Record
sold
Public Record
$3,500,000
11/29/2021
11/29/2021
MLS PIN #72923251
pending
MLS PIN #72923251
$3,500,000
11/28/2021
11/28/2021
MLS PIN #72923251
active
MLS PIN #72923251
$3,500,000
--80.56%
03/13/2020
03/13/2020
Public Record
sold
Public Record
$18,000,000

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