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.
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2025 | $297,700 | $670,200 | $967,900 | — |
| Date | Price | Book/Page |
|---|---|---|
| Mar 10, 2017 | $576,000 | 15011/276 |
Permit history not yet available for this municipality.
Discrepancies found between MLS and assessor records.
| Field | Assessor | MLS | Match |
|---|---|---|---|
| Sqft | 5,793 | 3,884 | ✗ |
| Year built | 1,900 | 1,900 | ✓ |
94 Main St, North Andover MA 01845
North Andover, MA 01845
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/07/2026 | ↓ Price Reduced | $1,650,000 | $150,000 | - | From $1,800,000 to $1,650,000 (-8.3%) |
| 03/03/2026 | 🏠 Listed for Sale | $1,800,000 | - | - | Original listing |
| 03/10/2017 | 🏷️ Previously Sold | $576,000 | - | - | MLS #72095195 |
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