About 94 Main St
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.
Features of 94 Main St
| MLS® # | 73481931 |
|---|---|
| Price | $1,599,000 |
| Bedrooms | 10 |
| Bathrooms | 5.50 |
| Full Baths | 5 |
| Half Baths | 1 |
| Square Footage | 3,884 |
| Acres | 0.22 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 94 Main St |
|---|---|
| City | North Andover |
| County | Essex |
| State | MA |
| Zip Code | 01845-2427 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | Paved Drive, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Bathroom with Shower Stall, Living Room, Kitchen, Dining Room |
|---|---|
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Stone |
School Information
| Elementary | Thomson Elementary School |
|---|---|
| Middle | North Andover Middle School |
| High | North Andover High School |
Additional Information
| Zoning | GB |
|---|
Listing Details
| Agent | Team Lillian Montalto |
|---|---|
| Office | Lillian Montalto Signature Properties |