$300,000
1
Bed
1
Bath
676
Living Area
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Property Description
SELLER TO PAY SPECIAL ASSESSMENT - Investors, 1st Time Buyers or those looking for a low maintenance condo in Andover - Restoration is currently under way and this is AN EXCEPTIONAL OPPORTUNITY TO OWN A PIECE OF HISTORY! Seller is willing to cover the cost of the Special Assessment which is due in January 2027. Seller will either apply a $60k to a competitive offer, or will deposit that amount into an account for the new owner, to cover the cost. If you are looking for elegance, affordability and low maintenance living in a great location, this beautiful 1BR/1BA condo at The Balmoral is for you! Located on the top floor, this bright condo offers 11 ft. ceilings, tall windows and a flexible floor plan. Heat, hot water, and water/sewer are included in the condo fee. Amenities include a main entrance that welcomes guests with a grand staircase and beautiful ballroom, 2 elevators that service all floors, a laundry room with newly installed, credit card operated, washers and dryers. Deeded parking space #96 located in the parking lot across the street and secure basement storage #12. Convenient to walking trails, all major highways, Whole Foods, Commuter Rail and shopping and dining in downtown Andover. Pet friendly and non-smoking building and grounds. Seller to pay special assessment for masonry and roofing work that is currently underway Why rent when you can own? Easy to see, and can close quickly.
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Highlights
- Building Name: The Balmoral
- HOA Fee: $450
- Property Class: Residential
- Stories: 1
- Unit Number: 417
- Status: Active
- Heating: Hot Water, Unit Control
- Parking Spots: 1
- Property Type: Condominium
- Total Rooms: 3
- Year Built: 1925
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Brick, Stone
- Total Number of Units: 86
- Year Built Source: Public Records
- Zoning: Sra
- Basement: Y
- SqFt Source: Public Record
- Year Built Details: Actual
- Year Converted: 1981
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Security Features: Intercom
- Waterfront Features: Waterfront, River
- Parking Features: Off Street, Deeded
- Waerfront: Yes
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $327,800
- HOA Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $4,035
- HOA Fee Frequency: Monthly
- Tax Year: 2026
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Listing information provided courtesy of William Raveis R.E. & Home Services.
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