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Will Coughlan

will@coughlanluxury.com +1(978) 560-7155

$ 1,990,000

Est. payment | -/mo

7 Beds

5 Baths

3,482 SqFt

Save Virtual Tour

$ 1,990,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

5 Baths

3,482 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,482 sqft

Price per Sqft $571

MLS Listing ID 73497282

Bedrooms 7

Full Baths 5

Year Built 1917

Annual Tax Amount $15,739

Tax Year 2025

Lot Size 0.440 Acres

Acres 0.44

Property Sub-Type 3 Family

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.

Location

State MA

County Essex

Area Shawsheen Village

Zoning SRA

Direction GPS

Rooms

Basement Finished, Partially Finished, Interior Entry

Interior

Interior Features Walk-Up Attic, Storage, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Bathroom With Tub, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Family Room, Laundry Room, Mudroom, Living RM/Dining RM Combo

Heating Forced Air

Cooling Central Air

Flooring Wood, Tile, Hardwood

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Range, Oven, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Microwave, Washer, Dryer

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Sprinkler System, Garden

Garage Spaces 2.0

Fence Fenced

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Utilities Available for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 12

Garage Yes

Building

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools West El

Middle Schools West Middle

High Schools Ahs

Others

Senior Community false

Virtual Tour https://luxe-life.aryeo.com/sites/361-n-main-st-andover-ma-01810-23424555/branded

Listed by Gibson Sotheby's International Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 560-7155

will@coughlanluxury.com

361-363 N Main St Andover, MA 01810