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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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94 Main St , North Andover, MA 01845
$1,599,000
Est. Payment: $3,553.33/mo
10 Bed
6 Bath
3884 Sqft
Status: Active | Days on site: 199
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G62122 - TM338007
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House 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.

Highlights

Listed by Team Lillian Montalto , 978-475-1400 Lillian Montalto Signature Properties , 978-475-1400.

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1900

County

Essex

Listing ID

73481931

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Range, Dishwasher, Microwave, Refrigerator
Floor:Laminate
Other:
  • Additional:Bathroom with Shower Stall, Living Room, Kitchen, Dining Room
Water:Public

Exterior Features

Lot:Corner Lot
Garage Capacity:10
Zoning:GB
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 10
Principal Interest
$3,553
Taxes
$908

Home Price

$1,599,000

Loan Details

30 yrs
%

Down Payment

20%
$319,800
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Monthly Price:
$3,553.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,553.33 $908.25 $0.00 $4,461.58
Yearly $42,640.00 $10,899.00 $0.00 $53,539.00
Total $1,279,200.00 $326,970.00 $0.00 $1,606,170.00

Today's Rates

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0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (North Andover, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.