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94 Main St, North Andover, MA, 01845

10beds
6baths
3,884sqft
$1,650,000
$425price/sqft
$10,922/moest. monthly cost
$436,880/yrincome needed

About This Home

The property currently generates approximately $142,317 in gross annual rental income with net income of $121,296, providing strong in-place cash flow. This 5-unit multi-family investment at 94 Main Street in North Andover offers 10 bedrooms and 5 full, 1 half bath across approximately 3,884 sq ft of living space. The units feature a mix of 1-, 2-, and 3-bedroom layouts. Situated on a 0.22-acre corner lot, the property includes 10 off-street parking spaces, a full unfinished basement, vinyl exterior, asphalt shingle roof, and city water and sewer. Conveniently located near public transportation, shopping, parks, and major highway access. Annual operating data available. A strong opportunity for investors seeking a well-located, income-producing asset in the North Andover market.

Getting Around

81
WalkingVery Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

7/10
6/10
9/10
North Andover High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Bathroom with Shower Stall,Living Room,Kitchen,Dining Room
  • Flooring: Laminate
  • Finished area above ground: 3,884

Interior Area

  • Total structure area: 3,884
  • Total interior livable area: 3,884 sqft

Property

Details

  • Parcel number: M:00029 B:00026 L:00000,2065827
  • Zoning: GB

Lot

  • Lot size: 9,396 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 10
  • Parking features: Paved Drive,Off Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10