July 15, 2024 – Spencer Norton of Horvath & Tremblay has successfully completed the sale of a 4-unit multi-Family property in Andover, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,800,000.
204-210 N Main Street is a multi-family building in Andover, Massachusetts. The two-story building contains four (4), 3-Bedroom/1.5-Bathroom Townhouse units with 5,200 square feet of living area in 8,528 square feet of total area on a 0.23-acre parcel of land. The townhouse units have been well maintained and have vinyl plank flooring (first floor) and carpet (second floor), central air-conditioning, in-unit washers and dryers, a private full basement, and a private patio. The exterior of the building features attractive landscaping, Hardie-Plank siding, and twelve (12) on-site parking spaces. The Property is Property is across the street from the Stop & Shop anchored Swasheen Plaza, 0.4-miles from Whole Foods, and is within 2.5-miles of US Route 1, the area’s primary commercial corridor which is home to countless national retailers and restaurants including Walmart Supercenter, Home Depot, Kohl’s, and Aldi. 204-210 N Main Street is located 0.4-miles north of Downtown Andover along MA Route 28. The well-maintained Property enjoys convenient access to the area’s restaurants, retailers, businesses, schools, and numerous parks and recreation areas. The Property is close to the Andover MBTA Station, with direct service to Boston along the Haverhill Line, Interstates 495 and 93, and several primary state roads. Andover is approximately 3-miles from Downtown Lawrence, 9-miles from Downtown Lowell, and 20-miles from Downtown Boston.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in New England. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.