94 Main St, North Andover, MA 01845

$1,599,000
10
BD
6
BA
3,884
SqFt

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List Price
$1,599,000
Status
ACTIVE
MLS#
73481931
Price Change
▼ $51,000 1780689632
Year Built
1900
Levels
5
Bedrooms
10
Bathrooms
6
Acres
0.22
Living Area
3,884

Property 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.

Additional Information

Taxes
$10,899
Lot Desc
Corner Lot
Lot Size
9,396
Interior Features
Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
Flooring
Laminate
Sewer
Public Sewer
Water Source
Public
Appliances
Range, Dishwasher, Microwave, Refrigerator
Exterior
Frame
Parking Spaces
10
Elementary School
Thomson Elementary School
Middle School
North Andover Middle School
High School
North Andover High School

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Listing courtesy of Listing Agent: Team Lillian Montalto from Listing Office: Lillian Montalto Signature Properties.

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