361-363 N Main Street , Andover, Massachusetts

Property for Sale in Andover

361-363 N Main Street , Andover, MA

  • CA$2,390,922
  • 7 BEDS
  • 5 BATHS
  • 0.44 ac Land
  • CA$2,390,922

Property for Sale in Andover

361-363 N Main Street , Andover, MA

  • CA$2,390,922
  • 7 BEDS
  • 5 BATHS
  • 0.44 ac Land
  • CA$2,390,922

Key Facts

  • MLS® #: 73497282
  • Property ID: SIRC3347895
  • Original Price: USD 1,895,000
  • Property Type: Residential, Other
  • Lot Size¹: 0.44 ac
  • Year Built: 1917
  • Bedrooms: 7
  • Bathrooms: 5
  • Parking Spaces: 8

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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Marketed By

Gibson Sotheby's International Realty
68 Main Street Suite 5
Andover, Massachusetts, 01810
United States

(978) 475-4002

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¹Square footage refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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