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.
For sale
Price cut: $51K (6/5)
$1,599,000
94 Main St, North Andover, MA 01845
10beds
3,884sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$412/sqft
$-- HOA
What's special
Vinyl exteriorAsphalt shingle roof
- 118 days |
- 550 |
- 18 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Team Lillian Montalto 978-475-1400,
Lillian Montalto Signature Properties 978-475-1400,
Lillian Montalto 978-815-6300
Source: MLS PIN,MLS#: 73481931
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator
Features
- Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
- Flooring: Laminate
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,884
- Total interior livable area: 3,884 sqft
- Finished area above ground: 3,884
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 10
Lot
- Size: 9,396 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:00029 B:00026 L:00000,2065827
- Zoning: GB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Highway Access
Location
- Region: North Andover
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $967,900
- Annual tax amount: $10,899
- Date on market: 3/3/2026
- Total actual rent: 12484
Estimated market value
Not available
Estimated sales range
Not available
$3,116/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $1,599,000-3.1%$412/sqft |
Source: MLS PIN #73481931 Report a problem | ||
| 4/7/2026 | Price change | $1,650,000-8.3%$425/sqft |
Source: MLS PIN #73481931 Report a problem | ||
| 3/3/2026 | Listed for sale | $1,800,000$463/sqft |
Source: MLS PIN #73481931 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 01845
Nearby schools
GreatSchools rating
- 7/10Thomson Elementary SchoolGrades: 1-5Distance: 0.5 mi
- 6/10North Andover Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10North Andover High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Thomson Elementary School
- Middle: North Andover Middle School
- High: North Andover High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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