Off Market
361-363 N Main St, Andover, MA
Andover · MA 01810
- $1,850,000
- Price
- 7
- Beds
- 5
- Baths
- 3482
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1917
Units:
3 Units
Lot size:
0.44 Acre Lot
Price per square foot:
$531 / Sq.Ft
Parking:
2 Garage Spaces · 8 Off Street Spaces
About this home
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.
Neighborhood & Transit
Shawsheen Village
361-363 N Main St, Andover · MA 01810
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 195 days
- Listing Price:
- $1,850,000
- Price per Sq.Ft:
- $531
- Tax Assessment:
- $1,260,100 in 2025
- Taxes:
- $1,312 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 3,482 Sq.Ft
- Broker Disclosure about Living Area
- The LL of 363 N Main is finished and approx 700 sf. Buyer/agent to verify all SF
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3482
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 220 Volts, Circuit Breakers
Exterior Features
- Lot Size
- 19,301 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Henry Gourdeau
- Listing office
- Gibson Sotheby's International Realty
- MLS PIN #
- 73497282
- Disclosure
- AC is only available on 2nd floor of 363
- Disclosure
- The LL of 363 N Main is finished and approx 700 sf. Buyer/agent to verify all SF