$1,850,000
Active361-363 N Main St
Andover, MA, 01810
Multi-Family · MLS #73497282
Price/sqft
$531
Days on market
New today
Year built
1917
Lot size
0.44 ac
3,482 sq ft
Sq Ft
0.44 acres
Lot
1917
Year Built
2 car
Garage
Taxes: $15,739 (2025)
About this home
Beautiful 3-unit multifamily in the heart of Shawsheen Village. Seller has made numerous upgrades and renovations and currently has a strong $11,800/month rent roll. This classic 2-story Dutch Colonial Gambrel blends character with modern improvements, making it an attractive opportunity for both investors and owner-occupants. The property features a diverse unit mix with rents ranging from a $2,300/month to $6,700/month, providing flexibility and strong income potential. With limited rental inventory in the area, this property stands out as a rare offering. Conveniently located with easy access to Route 495, Route 93, and downtown Andover, it offers both accessibility and the charm of the highly desirable Shawsheen Village neighborhood. Ideal for those seeking strong cash flow, long-term appreciation, or a live-in investment opportunity.
Property details
- Road type
- Public
- Basement
- Finished, Partially Finished, Interior Access
- Electric
- 220 Volts, Circuit Breakers
Listed by Henry Gourdeau · Gibson Sotheby's International Realty
Schedule a showing
361-363 N Main St
Estimated payment
$11,437 / month
Loan term
- Principal & interest
- $9,355
- Property tax
- $1,312
- Home insurance
- $771
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.