Property for Sale in Andover
361-363 N Main Street , Andover, MA
- 7 BEDS
- 5 BATHS
- 0.44 ac Land
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- Property for Sale in Andover
Key Facts
- MLS® #: 73497282
- Property ID: SIRC3244129
- Original Price: USD 1,990,000
- Property Type: Residential, Other
- Lot Size: 0.44 ac
- Year Built: 1917
- Bedrooms: 7
- Bathrooms: 5
- Parking Spaces: 8
- Listed By:
- Henry Gourdeau
Property Description
Beautiful three 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.
Amenities
- 2 Fireplaces
- Basement - Finished
- Central Air
- Gardens
- Hardwood Floors
- Sprinkler System
Listing Agents
- Henry Gourdeau
C. 6179550443
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Location
361-363 N Main Street , Andover, Massachusetts, 01810 United States
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Gibson Sotheby's International Realty
21 Central Street
Manchester By The Sea, Massachusetts, 01944
United States
+1 978.526.0243