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.
- Basement:
- Full, Unfinished
- Parking:
- Off Street, Paved Drive
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator
- Construction:
- Frame
- Flooring:
- Laminate
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- The building itself is 3047 - there is an additional 3
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Bathroom With Shower Stall, Living Room
- Lead Paint:
- Unknown
- Grade School:
- Thomson Elementary School
- High School:
- North Andover High School
- Middle School:
- North Andover Middle School
- Market Time:
- 10
- Parking Spaces:
- 10
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $463
- Zoning:
- GB
- No Units:
- 5
- Orig Price:
- $1,800,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- North Andover
- State:
- MA
- County:
- Essex
- Postal Code:
- 01845
- Longitude:
- W72° 52' 5.7''
- Latitude:
- N42° 42' 13.4''
Residential Income
94 Main St, North Andover, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,800,000
- Bedrooms :
- 10
- Rooms :
- 20
- Total Bathrooms :
- 5.5
- Full Bathrooms :
- 5
- Half Bathrooms :
- 1
- Square Footage :
- 3,884 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.22 Acre
- Listing ID :
- 73481931
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
