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361-363 N Main St

Andover, MA 01810
  • $1,990,000
  • STATUS: Active
  • MLS #: 73497282
UPDATED: 24 min ago
$1,990,000
  • 7
    BEDS
  • 0.44
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,482
    SQFT
  • $572
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:

School Information

Elementary School:
Middle School:
High School:
Ahs
Listing courtesy of Henry Gourdeau of Gibson Sotheby's International Realty.

Description

Beautiful 3-unit multifamily in the heart of Shawsheen Village. Seller has made numerous upgrades and renovations and currently has a strong $11,800/month rent roll. This classic 2-story Dutch Colonial Gambrel blends character with modern improvements, making it an attractive opportunity for both investors and owner-occupants. The property features a diverse unit mix with rents ranging from a $2,300/month to $6,700/month, providing flexibility and strong income potential. With limited rental inventory in the area, this property stands out as a rare offering. Conveniently located with easy access to Route 495, Route 93, and downtown Andover, it offers both accessibility and the charm of the highly desirable Shawsheen Village neighborhood. Ideal for those seeking strong cash flow, long-term appreciation, or a live-in investment opportunity.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-15T18:05:28.59.
www.c21revolution.com/homes/174913910
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361-363 N Main St Andover, MA 01810

  • Price: $1,990,000
  • Status: Active
  • On Site: Days
  • Updated: 24 min ago
  • MLS #: 73497282
7
Beds
5
Baths
0
½ Baths
0.44
Acres
3,482
SQFT
$572
$/SQFT
1917
Built
Neighborhood:
Shawsheen Village
County:
Essex
Area:
Shawsheen Village
Elementary School:
West El
Middle School:
West Middle
High School:
Ahs
Property Description
Beautiful 3-unit multifamily in the heart of Shawsheen Village. Seller has made numerous upgrades and renovations and currently has a strong $11,800/month rent roll. This classic 2-story Dutch Colonial Gambrel blends character with modern improvements, making it an attractive opportunity for both investors and owner-occupants. The property features a diverse unit mix with rents ranging from a $2,300/month to $6,700/month, providing flexibility and strong income potential. With limited rental inventory in the area, this property stands out as a rare offering. Conveniently located with easy access to Route 495, Route 93, and downtown Andover, it offers both accessibility and the charm of the highly desirable Shawsheen Village neighborhood. Ideal for those seeking strong cash flow, long-term appreciation, or a live-in investment opportunity.
Exterior Features

Construction Materials Frame Covered Spaces 2 Exterior Features Sprinkler SystemGarden Fencing Fenced Garage YN Yes Levels 6 Open Parking YN Yes Parking Features Paved DriveOff StreetPaved Parking Total 10 Patio And Porch Features Porch Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances RangeOvenDishwasherRefrigeratorFreezerWasher/DryerMicrowaveWasherDryer Basement FinishedPartially FinishedInterior Entry Building Area Total 3482 Cooling Central Air Cooling YN Yes Cooling Zones 1 Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 2 Flooring WoodTileHardwood Foundation Details Stone Heat Zones 3 Heating Forced Air Heating YN Yes Interior Features Walk-Up AtticStorageStone/Granite/Solid CountersBathroom With Tub & ShowerRemodeledBathroom With TubUpgraded CabinetsUpgraded CountertopsBathroom with Shower StallLiving RoomDining RoomKitchenFamily RoomLaundry RoomMudroomLiving RM/Dining RM Combo Laundry Features Gas Dryer HookupWasher Hookup Lead Paint Unknown Rooms Total 18

Property Features

Community Features Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-Station Disclosures AC is only available on 2nd floor of 363 Electric 220 VoltsCircuit Breakers Gross Income 159600 Home Warranty YN No Net Operating Income 129600 Operating Expense 30000 Property Sub Type 3 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 15739 Tax Year 2025 Total Actual Rent 11800 Utilities for Gas Rangefor Gas Ovenfor Gas DryerWasher Hookup Water Source Public Year Built Details Renovated Since Zoning SRA

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Henry Gourdeau of Gibson Sotheby's International Realty: 978-526-0243.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-15T18:05:28.59.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Henry Gourdeau of Gibson Sotheby's International Realty.