$1,990,000 ($571.51 per sqft)

Est. Mortgage $9,673/mo *

Quick Pre-Approval

361-363 N Main St, Andover, (Shawsheen Village), MA, 01810

361-363 N Main St, Andover, (Shawsheen Village), MA, 01810

18 rooms

7 beds

5 Full baths

1917

3,482 sqft

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.


Status:

Active

Town:

Andover

Type:

Multi-family

Laundry Remarks:

Gas Dryer Hookup, Washer Hookup

Units:

3

Zoning:

SRA

Garage:

2-car

Heating:

Forced Air

Cooling:

Central Air

Basement:

Finished, Partially Finished, Interior Entry

Levels:

6

Parking:

10-car, Paved Drive, Off Street, Paved

Acreage:

0.44

Est. Taxes:

$15,739

Assessment

$1,260,100

Construction

Frame

Utilities

for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Elementary School:

West El

Middle School:

West Middle

High School:

Ahs

Appliances:

Range, Oven, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Microwave, Washer, Dryer

MLS #:

73497282


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Henry Gourdeau, Gibson Sotheby's International Realty