361-361 N Main St #363, Andover, MA, 01810
About This Home
Beautiful 3-unit multifamily in the heart of Shawsheen Village. Seller has made numerous upgrades and renovations and currently has a strong $11,800/month rent roll. This classic 2-story Dutch Colonial Gambrel blends character with modern improvements, making it an attractive opportunity for both investors and owner-occupants. The property features a diverse unit mix with rents ranging from a $2,300/month to $6,700/month, providing flexibility and strong income potential. With limited rental inventory in the area, this property stands out as a rare offering. Conveniently located with easy access to Route 495, Route 93, and downtown Andover, it offers both accessibility and the charm of the highly desirable Shawsheen Village neighborhood. Ideal for those seeking strong cash flow, long-term appreciation, or a live-in investment opportunity.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1917
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Appliances
- Appliances included: Range,Oven,Dishwasher,Refrigerator,Freezer,Washer/Dryer,Microwave,Washer,Dryer
- Laundry features: Gas Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Finished,Partially Finished,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- Walk-Up Attic,Storage,Stone/Granite/Solid Counters,Bathroom With Tub & Shower,Remodeled,Bathroom With Tub,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Living Room,Dining Room,Kitchen,Family Room,Laundry Room,Mudroom,Living RM/Dining RM Combo
- Flooring: Wood,Tile,Hardwood
- Number of fireplaces: 2
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 700
- Finished area above ground: 3,482
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,482
- Total interior livable area: 3,482 sqft
Property
Details
- Parcel number: M:00052 B:00028 L:00000,1838575
- Zoning: SRA
Features
- Patio & porch: Porch
- Exterior features: Sprinkler System,Garden
- Fencing: Fenced
Lot
- Lot size: 0.44 Acres
Parking
- Total spaces: 10
- Parking features: Paved Drive,Off Street,Paved
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 8
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Ice Storm
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,076 | $108,912 |
| Home Insurance * | $432 | $5,184 |
| Property Taxes | $1,525 | $18,300 |
| Electricity | $686 | $8,239 |
| Total | $11,719 | $140,628 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Price change | $1,850,000 |
| 2026-04-07 | Listed for sale | $1,990,000 |
| 2022-09-28 | Sold | $1,300,000 |
| 2022-08-17 | Contingent | $1,497,000 |
| 2022-08-06 | Listed for sale | $1,497,000 |
View on Zillow