BEDS10
BATHS5 full 1 partial
SQUARE FEET3,884
MLS#73481931
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $10,899
Year Built: 1900
Amenities
Bathroom with Shower Stall
Living Room
Kitchen
Dining Room
Feature Descriptions
Appliances: Range, Dishwasher, Microwave, Refrigerator
Building Area Total: 3884
Community Features: Public Transportation, Shopping, Park, Highway Access
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: 5+ Family - 5+ Units Up/Down
Exterior: Frame
Flooring: Laminate
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: M:00029 B:00026 L:00000,2065827
Parking Features: Paved Drive, Off Street
Parking Total: 10
Rooms Total: 20
Sewer: Public Sewer
Units: 5
Water: Public
Local Schools
High School: North Andover High School
Middle School: North Andover Middle School
Elementary School: Thomson Elementary School
Listed By / Shown By
Listed By
Agency Name: Lillian Montalto Signature Properties
Agency Phone: 978-475-1400
Agent Name: Team Lillian Montalto
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,439.27 per month $4,006.02 Principal & Interest $908.25 Property Tax $525.00 Homeowner's Insurance
94 Main St | MLS# 73481931
This multi-family property located at 94 Main St, North Andover, MA 01845 is currently listed for sale with an asking price of $1,800,000. Search North Andover real estate on www.masiellogrouprealestate.com today.