Active
55 Days on market
195A Andover Andover — Photo 1 of 10

195A Andover Andover — Photo 1 of 10

$29,000

Investment Analysis — 195A Andover

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a home in 01810 carries an estimated $2,030/mo in gross rent — about a 62.64% cap rate and $18,166/yr in estimated NOI at the $29,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

--

Baths

--

SqFt

--

Style

Other

Built

2021

Excellent opportunity to own a fully equipped cafe in a high-visibility location in Andover, just steps from Ballardvale Train Station and directly on a busy main road with strong daily traffic. The cafe has been extensively updated within the last three years, including modern equipment and a beautifully renovated interior. It is fully set up and ready for a new owner to begin operating immediately, no major investment needed. Property Highlights: Prime location near Andover Ballardvale Station, Excellent exposure on a busy main road, Fully equipped with updated commercial equipment (approximately 3 years old), Recently renovated interior, Turnkey business opportunity. Low monthly rent: $1,200. Only business for sale/lease at $29,000. Please call for viewing and details.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$29,000
Annual Taxes--

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

ConstructionFrame
Roof--
Foundation--
Zoningn/a

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Geography

Listing Provided By

Listing Agent: Bin Hu

Listing Office: Advise Realty

MLS® Number: 73552403