MLS #73481931 image #0
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.
Current real estate data for Multi Family in North Andover as of Mar 09, 2026
2
Multi Family Listed
6
Avg DOM
388
Avg $ / SqFt
$1,337,500
Avg List Price

Property Details

Price:
$1,800,000
MLS #:
73481931
Status:
Active
Beds:
10
Baths:
5.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Mar 3, 2026
Finished Sq Ft:
3,884
Total Sq Ft:
3,884
Lot Size:
9,396 sqft / 0.22 acres (approx)
Year Built:
1900
Units:
5
Thomson Elementary SchoolNorth Andover Middle SchoolNorth Andover High School

Schools

Elementary School:
Thomson Elementary School
Middle School:
North Andover Middle School
High School:
North Andover High School

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Flooring
Laminate

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$121,296
Tax Year
2025
Taxes
$10,899

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Property Summary

    94 Main St North Andover MA is a Multi Family for sale in North Andover, MA, 01845. It is listed for $1,800,000 To schedule a showing of MLS#73481931 at 94 Main St in North Andover, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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94 Main St
North Andover, MA