Discover an exceptional investment or owner-occupant opportunity in the historical Shawsheen Village neighborhood of Andover. This classic Dutch Colonial Gambrel blends timeless architectural character with a suite of modern improvements and extensive recent renovations. It features a diverse and strong unit mix, offering high flexibility for its next owner. Whether you are looking for a reliable, strong cash-flowing asset or a premier live-in investment opportunity where your tenants pay your mortgage, this property stands out as a rare market offering. Turnkey Condition with high-end updates and renovations. Strong monthly rental income with limited rental inventory in the area driving continued demand. Prime Location, conveniently situated with effortless access to Route 495 and Route93, as well as the shops, dining, and charm of downtown Andover. Don't miss out on this rare Shawsheen Village gem offering immediate strong cash flow and long-term appreciation potential.
This home has been viewed 5 times
Last Checked: July 25th, 2026 at 10:58am (Source: MLS PIN #73554362)
Gross Income: $0
Gross Expenses: $15,739
Net Income Calc: $15,739
Annual Expenses for 361-363 N Main St, Andover MA 01810
Total Gross Expenses (Calculated)$15,739/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax15739
Annual Income & Unit Breakdown for 361-363 N Main St, Andover MA 01810
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 361-363 N Main St, Andover MA 01810
Listing ID73554362
Property TypeMulti Family / 3 Family
Price1795000 ($427.38/SqFt)
Style3 Family
CityAndover
CountyEssex
Neighborhood(s)
Approximate Living Area Total4200
Approximate Lot Size (Acres)0.44
Total Parking12 (2 Garage)
Garage Parking2
Year Built1917
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningSRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 361-363 N Main St, Andover MA 01810
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsNo
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 361-363 N Main St, Andover MA 01810
Real Estate Taxes15739
Tax Year2025
Assessed Value$1,260,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 361-363 N Main St, Andover MA 01810
Elementary SchoolWest Elementary
Middle SchoolWest Middle
High SchoolAhs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 361-363 N Main St, Andover MA 01810