203 Turnpike St, North Andover, Massachusetts 01845

$446,000
List Price
$446,000
MLS#
72434762
Lot Size
43,000
County
Essex
Year Built
1990
Status
ACTIVE

Property Description

Investment opportunity! A group of four fully occupied office condominiums for sale at the North Andover Office Park located across the street from Merrimack College. All leases have multi years remaining and are occupied by long term tenants. CAP rate for the investment is just under 8%. Certainly a more "stable" investment then the stock market. The North Andover Office Park is zoned for both medical and office use with direct access from RT 114 and RT 125. The office park has over 400 parking spaces.

Additional Information

Days on Market
147
Taxes
$6,282
Tax Year
2018
Parking Spaces
400
Acres
0.99

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Centre Realty Group.

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