The property at 606 Foster St, North Andover, MA, offers a solid foundation for a flip, given its spacious 2,229 sqft layout and a 74,488 sqft lot. Comparable homes in the area have sold for around $826K to $858K, suggesting it holds potential for a profitable resale. However, the age of the property (built in 1920) may require significant renovations, which could affect the overall investment cost.
Consider a detailed assessment of the property's condition before committing to extensive renovations. Minor updates, such as kitchen and bath improvements, could boost its appeal without overextending your budget. Given the neighborhood's strong market, a strategic approach to renovations could maximize your return on investment.