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361-363 N Main St, Andover, MA 01810

$1,795,000
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New to the Market Active
BEDS7 BATHS5 full SQUARE FEET3,482 MLS#73554362
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Discover an exceptional investment or owner-occupant opportunity in the historical Shawsheen Village neighborhood of Andover. This classic Dutch Colonial Gambrel blends timeless architectural character with a suite of modern improvements and extensive recent renovations. It features a diverse and strong unit mix, offering high flexibility for its next owner. Whether you are looking for a reliable, strong cash-flowing asset or a premier live-in investment opportunity where your tenants pay your mortgage, this property stands out as a rare market offering. Turnkey Condition with high-end updates and renovations. Strong monthly rental income with limited rental inventory in the area driving continued demand. Prime Location, conveniently situated with effortless access to Route 495 and Route93, as well as the shops, dining, and charm of downtown Andover. Don't miss out on this rare Shawsheen Village gem offering immediate strong cash flow and long-term appreciation potential.

361-363 N Main St | MLS# 73554362

This multi-family property located at 361-363 N Main St, Andover, MA 01810 is currently listed for sale with an asking price of $1,795,000. Search Andover real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Finished, Interior Entry, Sump Pump
Cooling: Central Air
Fenced: Yes
Fireplaces: 2
Garage: 2
Heating: Forced Air, Natural Gas
Lot Size: 0.44 Acres
Roof Type: Shingle
Stories: 6.0
Taxes: $15,739
Year Built: 1917

Amenities

Garden

Feature Descriptions

Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Building Area Total: 3482
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Conservation Area
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 3 Family
Electric: Circuit Breakers
Exterior: Frame
Fencing: Fenced
Fireplace Y/N: Yes
Flooring: Wood, Tile, Vinyl, Laminate, Marble
GarageY/N: Yes
HeatingY/N: 1
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:00052 B:00028 L:00000,1838575
Parking Features: Off Street, Assigned, Paved
Parking Total: 10
Patio And Porch: Deck
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Water: Public
Window Features: Screens

Local Schools

High School: Ahs
Middle School: West Middle
Elementary School: West Elementary

Listed By / Shown By

Listed By

Agency Name: Simply Sell Realty
Agent Name: Lisa Berry
Agency Phone: 978-315-0300

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Estimated Payment

$ 5,830.02 per month $3,994.89 Principal & Interest $1,311.58 Property Tax $523.54 Homeowner's Insurance

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