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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 5 |
| Living area | 3,884 sqft |
| Lot size | 9,396 sqft |
| Year built | 1900 |
| Price / sqft | $412 |
| County | Essex |
| MLS # | 73481931 |
Listing status
| Days on market | 94 days |
| Listed on | March 3, 2026 |
Taxes & financials
| Annual property tax | $10,899 |
| Tax year | 2025 |
| Assessed value | $967,900 |
| Zoning | GB |
| Gross income (actual) | $142,317/yr |
| Net operating income (actual) | $121,296/yr |
| Total actual rent | $12,484/mo |
Building & lot
| Stories | 5 |
| Total rooms | 20 |
| Lot size | 0.22 acres |
| Garage spaces | 0 |
| Parking spaces | 10 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Laminate |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Location
More about investing in North Andover →
Listing courtesy of Lillian Montalto Signature Properties — Team Lillian Montalto. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 94 Main St, North Andover MA 01845 have?
It is a 5-unit multi-family property with 3,884 sqft of living area, built in 1900.
How long has 94 Main St, North Andover MA 01845 been on the market?
94 Main St, North Andover MA 01845 has been listed for 94 days (since March 3, 2026).
What is the price per unit?
At a list price of $1,599,000 across 5 units, that works out to roughly $319,800 per unit.
What are the property taxes on 94 Main St, North Andover MA 01845?
Annual property taxes are $10,899 (2025), on an assessed value of $967,900.
What is the price per square foot?
At $1,599,000 for 3,884 sqft, that's about $412 per square foot.
Is there parking?
10 total parking spaces (paved drive, off street).
Where is this property located?
94 Main St, North Andover MA 01845 is in North Andover, Essex County, MA 01845.
