94 Main St, North Andover, MA 01845
Essex County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1900
Stories
5
Living Area
3,884 sq ft
Lot Size
0.22 acres
Parking Spaces
10
Zoning
GB
Days on Market
136
MLS® Listing#
73481931
Property Features
Appliances
Flooring
Basement
Parking
Lot Features
Construction
Foundation
Roof
Community
Sewer
Water Source
Schools
- Elementary:
- Thomson Elementary School
- Middle:
- North Andover Middle School
- High:
- North Andover High School
Financial Details
Annual Taxes
$10,899
Tax year 2025
Assessed Value
$967,900
Parcel Number
M:00029 B:00026 L:00000,2065827
Directions
Waverly Rd to Main St
Affordability Calculator
$319,800
Estimated monthly payment
$8,511/mo
Principal $1,279,200 · Est. interest $1,784,598 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in North Andover, MA
- $770,000
- Median Listing Price
- 35
- Median Days on Market
- 2,331
- Median Sq Ft
- $378
- Median Price / Sq Ft
- 242
- Active Listings
- This home’s price is 108% above the area median.
- Its price per sq ft is 9% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in North Andover, MA.
Location
Points of Interest in North Andover, MA
Showing the North Andover area map.
Nearby Schools
Saint Michael School
Elementary · 0.2 mi away
New England League of Middle School
School · 0.3 mi away
School Year Abroad
School · 0.4 mi away
Thomson Elementary School
Elementary · 0.5 mi away
Atp Flight School
School · 0.8 mi away
North Andover High School
Secondary · 0.8 mi away
Storrow School
School · 0.9 mi away
Community Day Charter Public School - Gateway
School · 0.9 mi away
North Andover Middle School
Secondary · 1.0 mi away
John Breen School
Elementary · 1.0 mi away
South Lawrence East Elementary School
Elementary · 1.0 mi away
Community Day Charter Public School
Elementary · 1.0 mi away
North Andover Public Schools
Elementary · 1.0 mi away
Atkinson
Elementary · 1.1 mi away
Phoenix Academy Lawrence
School · 1.1 mi away
Up Academy Leonard Middle School
Secondary · 1.1 mi away
Lawrence High School
Secondary · 1.1 mi away
Parthum Middle School
Secondary · 1.2 mi away
Veterans Memorial Stadium
School · 1.2 mi away
Esperanza Academy
School · 1.4 mi away
Commute Calculator
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EXIT Agents in North Andover
Listing Courtesy: Lillian Montalto Signature Properties - 9784751400
Presented by: Team Lillian Montalto