
16 Balmoral Street #417 Andover — Photo 1 of 20
$300,000
16 Balmoral Street #417, Andover, MA 01810
Andover, MA 01810
Beds
1
Baths
1
SqFt
676
Style
Condominium
Built
1925
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.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Andover, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Fourth Floor13 x 20
Closet, Open Floorplan, Flooring - Engineered Hardwood
Kitchen
Lvl Fourth Floor7 x 6
Stainless Steel Appliances, Flooring - Engineered Hardwood
Master Bedroom
Lvl Fourth Floor16 x 11
Closet - Double
Bathroom 1
Lvl Fourth Floor7 x 5
Bathroom - Full, Flooring - Vinyl, Countertops - Stone/Granite/Solid
Population
35,648
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$173K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
20.1%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Cathy Johnson
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73549655
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