Active
215 Days on market
94 Main St North Andover — Photo 1 of 30

94 Main St North Andover — Photo 1 of 30

Recent Drop: $51,000

$1,650,000
$1,599,000

$1,599,000

94 Main St, North Andover, MA 01845

North Andover, MA 01845

Beds

10

Baths

5.5

SqFt

3,884

Style

5+ Family - 5+ Units Up/Down

Built

1900

The property currently generates approximately $141,132 in gross annual rental income with net income of $120,111, 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.

Key facts

It was listed on March 3, 2026. The price has come down from an original $1,800,000 to $1,599,000 across 2 changes, most recently on June 5, 2026. The annual property taxes are $10,899 (2025 tax year). It sits on a 0.22-acre (9,396 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$412/sqft
Local Avg (North Andover)$357/sqft
15% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within North Andover, MA.

Property Details

Financials

Original Price$1,800,000
Annual Taxes$10,899

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms20
FireplacesNone
FlooringLaminate
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningGB

Property & Lot

Acres0.22
SqFt Lot9,396
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access

Geography

Property History

Expired
$3,200

Jul 5, 2026

MLS® 73483331

Price Drop
$1,599,000

Was $1,650,000

Jun 5, 2026

MLS® 73481931

Price Drop
$1,650,000

Was $1,800,000

Apr 7, 2026

MLS® 73481931

Listed
$3,200

Mar 5, 2026

MLS® 73483331

Listed
$1,800,000

Mar 3, 2026

MLS® 73481931

Questions about this home

When was 94 Main St, North Andover listed?

94 Main St, North Andover was listed on March 3, 2026.

Has the price of 94 Main St, North Andover changed?

The price has come down from an original $1,800,000 to $1,599,000 across 2 changes, most recently on June 5, 2026.

What are the property taxes for 94 Main St, North Andover?

The annual property taxes for 94 Main St, North Andover are $10,899 (2025 tax year).

How big is the lot at 94 Main St, North Andover?

94 Main St, North Andover sits on a 0.22-acre (9,396 sq ft) lot.

What is the status of 94 Main St, North Andover?

94 Main St, North Andover is actively listed for sale.

Population

32,494

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$141K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

30.2%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Team Lillian Montalto

Listing Office: Lillian Montalto Signature Properties

MLS® Number: 73481931