EXCEPTIONAL INVESTMENT OPPORTUNITY IN ANDOVER! This three-family property at 35 River Road sits on a sprawling 4.92-acre lot, offering immense potential for investors and developers alike. Featuring three units, ample parking for 8 cars, and a large barn, this home retains much of its historic charm while presenting a fantastic opportunity for restoration or redevelopment. Conveniently located near major highways, this property provides easy access to shopping, dining, and recreational amenities and local parks. Just minutes from everyday conveniences, it also benefits from Andover’s highly rated schools and vibrant community. Whether you’re looking to renovate the existing structures or explore future development possibilities, this property’s size and location make it a rare find. DON’T MISS THIS CHANCE!! PROPERTY BEING SOLD AS IS!

Property Details

Price:
$999,000
MLS #:
73333466
Status:
Active
Beds:
5
Baths:
4
Address:
35 River Rd
Type:
Multi Family
Subtype:
3 Family
City:
Andover
Listed Date:
Feb 7, 2025
State:
MA
Finished Sq Ft:
3,930
Total Sq Ft:
3,930
ZIP:
01810
Lot Size:
214,402 sqft / 4.92 acres (approx)
Year Built:
1816
Units:
3

Schools

Elementary School:
High Plain
Middle School:
Wood Hill
High School:
Andover High

Interior

Appliances
Range, Oven
Bathrooms
4 Full Bathrooms
Fireplaces Total
1
Heating
Baseboard, Oil

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T- Station
Parking Features
Paved Drive, Off Street
Parking Spots
8

Financial

Tax Year
2024
Taxes
$12,883

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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35 River Rd
Andover, MA