Apartment Building

North Andover, MA Apartment Buildings for Sale

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Five-Unit Multifamily Investment
Updated: Mar 3
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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See what stands out in Essex County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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

$1,975,000
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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5-Unit Apartment Building
5-Unit Apartment Building

455 Washington Street, Haverhill, MA 01832

$1,100,000
4,549 sqft

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

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Six-Unit Apartment Building
Six-Unit Apartment Building

327 S Main St, Haverhill, MA 01835

Contact for pricing

Six one-bedroom apartments feature separate utility systems, updated gas-fired heating, and off-street parking.

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Six-Unit Apartment Building
Six-Unit Apartment Building

152-154 Prospect St, Lawrence, MA 01841

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Apartment building near public transportation, schools, shopping, and highway access.

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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 two-family homes 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)

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