ONLINE ONLY!!! LOCATION LOCATION LOCATION!!! Located on a highly visible corner lot off HWY 54 in Andover, this property is perfectly positioned for future development. Just across the street from the YMCA and surrounded by a variety of thriving businesses, this location offers high-traffic exposure and endless possibilities. The exterior of the home has been completely updated and is currently rented for $1,200 a month. That is a total annual income of $14,400!
Not only are you investing in what is current but in the future development and growth for this area. Do not miss out on this fantastic and unique buying opportunity!
EXTERIOR
Corner Lot
0.87 +/- Acres
Visibility off of HWY 54 & YMCA Dr.
Zoned SF-1 Single Family Residential / Low Density District
Andover School District
HOME
2,607 Sq. Ft. Two-Story Home
New Roof, Siding, Windows, Sliding Doors & Garage Door
Covered front porch
Attached two-car garage
Living room w/vaulted ceilings
Formal dining room
Kitchen w/ refrigerator, oven & dishwasher
Main floor family room/hearth room with a wood-burning fireplace & built-ins
4-Bedrooms (one on the main level and three on the upper level)
2.5-Baths (half bath on the main level and two full baths on the upper level)
Partially finished basement with ample storage space, one finished bonus room & laundry hookups
Don't miss out on this rare opportunity to own a prime property Andover, surrounded by top amenities and excellent connectivity!
Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, February 11th, 2025 at 2 PM (cst) | BIDDING CLOSING: Thursday, February 27th, 2024 at 2 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.
Buyer's choice for earnest money: $20,000 for a 30 day closing, $30,000 for a 45 day closing.
The property is currently occupied by a tenant. There is no written lease or deposit information available for the property. No damage deposit will transfer to buyer at closing.
Ordinance No. 1913: Change of zoning district classification from the present A-1 Agricultural Transition District to the SF-1 Single Family Residential / Low Density District.