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    Five-Unit Multifamily Investment
    Updated: May 21
    Five-Unit Multifamily Investment

    94 Main St, North Andover, MA 01845

    $1,599,000
    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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in North Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

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

    159 S Union Street, Lawrence, MA 01843

    $1,900,000
    15,000 sqft 0.16 AC lot

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

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    455 Washington St, Haverhill, MA 01832

    $1,060,000

    Five two-bedroom units feature separate utilities, updated interiors, and off-street parking.

    View details
    South Lawrence Multifamily Investment Opportunity
    South Lawrence Multifamily Investment Opportunity

    356-360 S Union St, Lawrence, MA 01843

    $700,000
    0.14 AC lot

    Two buildings, five units, convenient location, below market rents.

    View details
    Five-Unit Multifamily Building
    Five-Unit Multifamily Building

    7 Maple Ave, Haverhill, MA 01830

    $910,000

    Five-unit multifamily property with four one-bedroom units and one two-bedroom unit, separately metered utilities, plus parking and yard.

    View details

    North Andover, MA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in North Andover, MA on our real estate platform. These investment opportunities span a total of 3,884 square feet of properties for sale, with an estimated market value of $1,599,000.

    Sale prices for apartment complexes in North Andover, MA average $1,599,000 — 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%

    High-Yield Neighborhoods for Investment

    Identify North Andover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01845 $1.6M

    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)

    How Realmo verifies these figures

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