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.
- Heating System:
- Forced Air
- Cooling System:
- Central Air
- Basement:
- Partially Finished, Finished, Interior Entry
- Fireplace:
- Wood Burning
- Parking:
- Off Street, Paved, Paved Drive
- Appliances:
- Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Freezer, Oven, Washer/dryer
- Construction:
- Frame
- Exterior Unit Features:
- Sprinkler System, Garden
- Flooring:
- Tile, Wood, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, 220 Volts
- Garage Parking:
- 2
- Interior Features:
- Walk-up Attic, Kitchen, Storage, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Dining Room, Family Room, Bathroom With Shower Stall, Living Rm/dining Rm Combo, Bathroom With Tub, Living Room, Mudroom, Upgraded Countertops, Remodeled, Laundry Room
- Lead Paint:
- Unknown
- Laundry Features:
- Gas Dryer Hookup, Washer Hookup
- Area:
- Shawsheen Village
- Grade School:
- West El
- High School:
- Ahs
- Middle School:
- West Middle
- Parking Spaces:
- 10
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $572
- Zoning:
- SRA
- No Units:
- 3
- Orig Price:
- $1,990,000
- Fireplaces:
- 2
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Andover
- State:
- MA
- County:
- Essex
- Postal Code:
- 01810
- Longitude:
- W72° 50' 57.2''
- Latitude:
- N42° 40' 26.9''
Residential Income
361-363 N Main St, Andover, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,990,000
- Bedrooms :
- 7
- Rooms :
- 18
- Total Bathrooms :
- 5
- Full Bathrooms :
- 5
- Square Footage :
- 3,482 Sqft
- Year Built :
- 1917
- Lot Area :
- 0.44 Acre
- Listing ID :
- 73497282
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
