Apartment Building

North Andover, MA Apartment Buildings for Sale

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Andover, MA Boxford, MA Lawrence, MA Middleton, MA Methuen, MA North Reading, MA Haverhill, MA Groveland, MA
Five-Unit Multifamily Investment
Updated: Feb 8
Five-Unit Multifamily Investment

94 Main St, North Andover, MA 01845

$1,650,000
3,884 sqft 0.22 AC lot
5‑unit multi‑family at 94 Main Street in North Andover with mixed 1-, 2-, and 3‑bedroom layouts
Approximately $142,317 gross annual rental income and $121,296 net income reported
10 bedrooms and 5 full baths plus 1 half bath across approximately 3,884 sq ft of living space
0.22‑acre corner lot with 10 off‑street parking spaces
Full unfinished basement; vinyl exterior; asphalt shingle roof; city water and sewer
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Five-Unit Multifamily Income Property
Updated: Feb 28
Five-Unit Multifamily Income Property

94 Main Street, North Andover, MA 01845

$1,599,000
3,884 sqft
Generates approximately $141,132 in gross annual rental income with approximately $120,111 in net income
5‑unit multifamily with 10 bedrooms and 5 full, 1 half baths across approximately 3,884 sq ft
Unit mix includes 1-, 2-, and 3‑bedroom layouts
On a 0.22‑acre corner lot with 10 off‑street parking spaces
Full unfinished basement; vinyl exterior and asphalt shingle roof
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in North Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Multifamily Building
Mixed-Use Multifamily Building

152-158 South Union Street, Lawrence, MA 01843

$1,399,000
6,150 sqft

Mixed-use multifamily property with approximately 6,150 sq. ft. of living area and multiple income-producing spaces.

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Downtown Six-Unit Multifamily Building
Downtown Six-Unit Multifamily Building

368 River Street, Haverhill, MA 01832

$1,190,000
6,600 sqft 0.14 AC lot

Six-unit residential property built in 1910 with updates, featuring 16 bedrooms and six bathrooms.

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Corner Lot 5-Unit Multifamily
Corner Lot 5-Unit Multifamily

77-79 Beach Street, Haverhill, MA 01832

$1,090,000
5,060 sqft 0.18 AC lot

Five-unit multifamily on a corner lot with 13 bedrooms and 5.5 baths, built in 1900 and offered as-is.

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Mixed-Use Building with Tavern Lease
Mixed-Use Building with Tavern Lease

159 S Union Street, Lawrence, MA 01843

$1,975,000
15,000 sqft 0.16 AC lot

Nine-unit mixed-use building includes two street-level commercial spaces leased to Hayes Tavern.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Detached Two-Family Residence
Detached Two-Family Residence

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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North Andover, MA Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in North Andover, MA on our real estate platform. These investment opportunities span a total of 7,768 square feet of properties for sale, with an estimated market value of $3,249,000.

Sale prices for two-family homes in North Andover, MA start at $1,599,000, averaging $1,624,500, and reaching up to $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 32K
Population Growth (5Y) +4.2%
Median Household Income $134,319
College Educated 89.6%

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $12.60 per SF
Tax Rate vs County Average 0.19 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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