5+ Family - 5+ Units Up/Down at 94 Main St, North Andover MA 01845
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30 photos

$1,599,000

94 Main St, North Andover MA 01845
North Andover, MA 01845
Listed by Team Lillian Montalto
Bedrooms
10
Bathrooms
5.5
Living area
3,884 sqft
Year built
1900

About this home

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 details

MLS
MLS Property Information Network
MLS #
73481931
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
232
On market date
March 3, 2026
Stories
5
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
10
Lot size
0.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Thomson
0.52 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
312
Student:teacher ratio
14.2:1
District
North Andover
Middle
North Andover Middle
0.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,073
Student:teacher ratio
14.3:1
District
North Andover
High
North Andover High
0.79 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,335
Student:teacher ratio
13.2:1
District
North Andover

Walkability

Blended score for North Andover's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks10
Schools20
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in North Andover, from live MLS data.

On the market 232 days -- 124 more days than North Andover's current average of 108 days.
For reference, the median list price across 201 active listings in North Andover right now is $469,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,779/mo
$319,800 down
$1,279,200 loan
Principal & interest$8,297
Property tax (est.)$1,333
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 31, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.