aisellshomes.space

$1,850,000

Active

361-363 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

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$11,437 / month

Down payment20% · $370,000
Interest rate6.50%

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.