$1,599,000
 $8,584 est/mo Sourced by Back At You

94 Main St,North Andover, MA 01845

North Andover, MA 01845

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Description

The property currently generates approximately $141,132 in gross annual rental income with net income of $120,111, 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.

Details

MLS #73481931
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site174
Listing Provided ByLillian Montalto Signature Properties | Team Lillian Montalto

Features

Bed(s)10
Bath(s) 6 Total
SQ Feet3,884
BasementY
Story(s)5
Units5
ZoningGB
Acreage0.22

Interior

Rooms Total20
Interior FeaturesBathroom with Shower Stall, Living Room, Kitchen, Dining Room
AppliancesRange, Dishwasher, Microwave, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringLaminate

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount10899
Tax Assessed Value967900
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Park, Highway Access
Senior Community Yes / NoNo

Area Information

StateMA
CountyEssex
CityNorth Andover
Zip Code01845
AreaEssex
School DistrictNorth Andover High School
Elementary SchoolThomson Elementary School
High SchoolNorth Andover High School
Listing VS Median (in 01845)
Price:
$1,599,000
low | high
Med:
$564,450
100% of Average
sqft:
3,884
low | high
Med:
1,461
100% of Average
$ / sqft:
$412
low | high
Med:
$400
52.821910317564% of Average
On site:
174
low | high
Med:
68.5
100% of Average
Sourced by Back At You

Market Activity 01845

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Learn More About This Property

StateMA
CountyEssex
CityNorth Andover
Zip Code01845
AreaEssex
School DistrictNorth Andover High School
Elementary SchoolThomson Elementary School
High SchoolNorth Andover High School
Listing VS Median (in 01845)
Price:
$1,599,000
low | high
Med:
$564,450
100% of Average
sqft:
3,884
low | high
Med:
1,461
100% of Average
$ / sqft:
$412
low | high
Med:
$400
52.821910317564% of Average
On site:
174
low | high
Med:
68.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.199M - $1.998M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
266 Main St Property Photo 1
$1,400,000
266 Main St
North Andover, MA 01845
110 Marblehead St Property Photo 1
$850,000
110 Marblehead St
North Andover, MA 01845
Listing Updated: August 9, 2026 at 12:32:12 AM PDT