Luxury Residential Group: 361-363 N Main St, Andover, MA

Property Description

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.

offered at

$1,990,000

Listing ID: 73497282
Bedrooms: 7
Full Baths: 5
Living Area: 3,482 sqft 323 m² Convert
Lot Size: 19,301 sqft 1,793 m² Convert
Acres: 0.44

Additional Details

Type: Multi-Family, 3 Family

Area: Shawsheen Village

Zip Code: 01810

Levels: 6

Parking

Garage: 2

Garage Capacity: 10

Parking: Paved Drive, Off Street, Paved

Parking Spaces: 10

Rooms and Dimensions

Total Units: 3

Total Floors: 6

Total Rooms: 18

LRG Boston

(617) 233-5800

361-363 N Main St

Andover, MA