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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.

More Info

Basic Information

  • Gross Income $142,317
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number M:00029 B:00026 L:00000,2065827

Tax Information

  • Tax Assessed Value $967,900
  • Tax Year 2025
  • Taxes$10,899

School Information

  • Elementary SchoolThomson Elementary School
  • High School North Andover High School
  • Junior HighNorth Andover Middle School

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 5.5
  • Bedrooms10
  • Full Bath5
  • Half Baths1

Basic Information

  • List Price$1,650,000
  • MLS Number73481931
  • Modification Date04/28/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address94 Main Street
  • Building Number94
  • CountyEssex
  • StateMA
  • StreetMain Street
  • TownNorth Andover
  • Zip01845

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Rooms20
  • Stories5
  • Units5
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.22

Interior

  • Flooring Laminate
  • Interior Features Bathroom with Shower Stall, Living Room, Kitchen, Dining Room

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 3,884
  • Lot Size Square Feet 9,396
  • Lot Size Units Acres
  • Square Feet3,884

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Highway Access
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningGB

Other

  • Date Listed03/03/2026
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

Driving Directions

Listed by Team Lillian Montalto of Lillian Montalto Signature Properties

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