Last Updated: 3/28/2017 6:21 PM
Description for 565 Turnpike St North Andover, MA 01845
INVESTORS & OWNER/USERS! This is a must see! The cap rate is 8.1% and that is with 858 square feet vacant. Three great office condos being sold together in the well maintained Chestnut Green Office Condominiums. Two units combine for 3,265 square feet and are currently leased to one tenant as a medical office. These condos have great window lines and contain 6 exam rooms (3 of which have water), 1 office, kitchen/break room, private bathroom w/ shower and large open work spaces. The other condo unit is 858 square feet, contains 3 offices and a large open area and will be delivered vacant. Wonderful location, situated on Route 114 just minutes to Route(s) 495 & 93. Elevator access & plenty of parking.
Exterior / Lot Features
10 Parking Spaces,
Current market conditions for 565 Turnpike St
Active Market Trends
Median list price$559,900
Days on market124
Properties for sale53
Sold Market Trends
Median sold price$415,000
Sales to list price9,959.0%
Median sq ft price$207
Arrows indicate 90 day trend
Listing Price History for 565 Turnpike St
North Andover Real Estate
North Andover is located in Massachusetts. North Andover, Massachusetts 01845 has a population of 29,721.
The median household income in North Andover, Massachusetts 01845 is $100,544. The median household income for the surrounding county is $68,776 compared to the national median of $53,482. The median age of people living in North Andover 01845 is 41.2 years.
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