94 Main St North Andover — Photo 1 of 30
Recent Drop: $201,000
$1,599,000
Investment Analysis — 94 Main St
North Andover, MA 01845
Based on rent reported on the MLS listing, a 5-unit multi-family in 01845 carries $12,484/mo in gross rent — about a 6.44% cap rate and $102,955/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
5.5
SqFt
3,884
Style
5+ Family - 5+ Units Up/Down
Built
1900
The property currently generates approximately $141,132 in gross annual rental income with net income of $120,111, providing strong in-place cash flow. This 5-unit multi-family investment at 94 Main Street in North Andover offers 10 bedrooms and 5 full, 1 half bath across approximately 3,884 sq ft of living space. The units feature a mix of 1-, 2-, and 3-bedroom layouts. Situated on a 0.22-acre corner lot, the property includes 10 off-street parking spaces, a full unfinished basement, vinyl exterior, asphalt shingle roof, and city water and sewer. Conveniently located near public transportation, shopping, parks, and major highway access. Annual operating data available. A strong opportunity for investors seeking a well-located, income-producing asset in the North Andover market.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$3,200
Jul 5, 2026
MLS® 73483331
$1,599,000
Was $1,650,000
Jun 5, 2026
MLS® 73481931
$1,650,000
Was $1,800,000
Apr 7, 2026
MLS® 73481931
$3,200
Mar 5, 2026
MLS® 73483331
$1,800,000
Mar 3, 2026
MLS® 73481931
Listing Agent: Team Lillian Montalto
Listing Office: Lillian Montalto Signature Properties
MLS® Number: 73481931