Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

100 Elm St

North Andover, MA ID #73278091

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100 Elm St

- North Andover, MA ID #73278091

Property Description

Horvath & Tremblay is pleased to present the sale of the mixed-use investment property located at 100 Elm Street. The Property contains a total of 5 units, consisting of 2 commercial units, one (1), 1-Bedroom/1 Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit, and one (1) 3+Bedroom/2-Bathroom unit. The commercial units are leased to Simplicity Salon and CYR Construction, both of which have 3+ years remaining on their leases with scheduled annual rent increases. All the units have been updated and feature separately metered utilities. The Property is located in a residential urban infill area, with nearby amenities including local restaurants and retailers along Water Street and High Street and in the restored East and West Mill complexes. The property has a current cap rate of 7.51%.

Additional Details

  • Status: NEW
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01845
  • Taxes: 9,563
  • Living Levels: 7
  • Acres: 0.16

Parking

  • Parking: Off Street, Paved
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 7
  • Total Rooms: 20

Location

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100 Elm St, North Andover, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Spencer Norton of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.