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.
| Units | 5 |
| Living area | 3,884 sqft |
| Lot size | 9,396 sqft |
| Year built | 1900 |
| Price / sqft | $412 |
| County | Essex |
| MLS # | 73481931 |
| Days on market | 94 days |
| Listed on | March 3, 2026 |
| 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 |
| 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 |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Microwave, Refrigerator |
Listing courtesy of Lillian Montalto Signature Properties — Team Lillian Montalto. Listing data © MLS PIN.
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It is a 5-unit multi-family property with 3,884 sqft of living area, built in 1900.
94 Main St, North Andover MA 01845 has been listed for 94 days (since March 3, 2026).
Annual property taxes are $10,899 (2025), on an assessed value of $967,900.
At $1,599,000 for 3,884 sqft, that's about $412 per square foot.
10 total parking spaces (paved drive, off street).
94 Main St, North Andover MA 01845 is in North Andover, Essex County, MA 01845.