
94 Main St North Andover — Photo 1 of 30
Recent Drop: $201,000
$1,599,000
North Andover, MA 01845
Beds
10
Baths
5.5
SqFt
3,884
Style
5+ Family - 5+ Units Up/Down
Built
1900
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.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within North Andover, MA.
Range • Dishwasher • Microwave • Refrigerator
Public Transportation • Shopping • Park • Highway Access
Jul 5, 2026
MLS® 73483331
Was $1,650,000
Jun 5, 2026
MLS® 73481931
Was $1,800,000
Apr 7, 2026
MLS® 73481931
Mar 5, 2026
MLS® 73483331
Mar 3, 2026
MLS® 73481931
32,494
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$141K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
30.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73481931
Explore other active listings in the area.