94 Main St North Andover, MA 01845
Estimated payment $9,537/month
Highlights
- Property is near public transit
- Corner Lot
- Park
- North Andover High School Rated A-
- Living Room
- Shops
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $10,899
Year Built
- Built in 1900
Lot Details
- 9,396 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,884 Sq Ft Home
- Living Room
- Dining Room
- Laminate Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 10 Bedrooms
- Separate Shower
Parking
- 10 Car Parking Spaces
- Driveway
- 10 Open Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
Schools
- Thomson Elementary School
- North Andover Middle School
- North Andover High School
Listing and Financial Details
- Assessor Parcel Number M:00029 B:00026 L:00000,2065827
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Operating Expense $21,021
- Net Operating Income $121,296
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,899 | $967,900 | $297,700 | $670,200 |
| 2024 | $9,951 | $897,300 | $280,200 | $617,100 |
| 2023 | $10,388 | $848,700 | $257,400 | $591,300 |
| 2022 | $10,065 | $743,900 | $231,100 | $512,800 |
| 2021 | $7,788 | $549,600 | $210,100 | $339,500 |
| 2020 | $7,552 | $549,600 | $210,100 | $339,500 |
| 2019 | $7,329 | $546,500 | $210,100 | $336,400 |
| 2018 | $7,941 | $546,500 | $210,100 | $336,400 |
| 2017 | $6,550 | $458,700 | $172,100 | $286,600 |
| 2016 | $6,456 | $452,400 | $168,800 | $283,600 |
| 2015 | $6,552 | $455,300 | $147,300 | $308,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2026 06/05/26 | Price Changed | $1,599,000 | -3.1% | $412 / Sq Ft | |
| 04/07/2026 04/07/26 | Price Changed | $1,650,000 | -8.3% | $425 / Sq Ft | |
| 03/03/2026 03/03/26 | For Sale | $1,800,000 | 0.0% | $463 / Sq Ft | |
| 02/07/2018 02/07/18 | Rented | $1,200 | 0.0% | -- | |
| 02/06/2018 02/06/18 | Under Contract | -- | -- | -- | |
| 01/29/2018 01/29/18 | For Rent | $1,200 | 0.0% | -- | |
| 03/10/2017 03/10/17 | Sold | $576,000 | -4.0% | $185 / Sq Ft | View Prior Sale |
| 01/11/2017 01/11/17 | Pending | -- | -- | -- | |
| 11/20/2016 11/20/16 | For Sale | $599,999 | -- | $193 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73481931
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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