361-363 N Main St Andover, MA ^$ 1,990,000

361-363 N Main St

^$ 1,990,000

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361-363 N Main St

Andover, MA, 01810

^$ 1,990,000

Bedrooms7 Baths5.0 Sq 3,482

Monthly Estimate*

^$ 12,253

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Multi-Family Home for sale in Andover, MA

for $1,990,000 with 7 bedrooms and 5 full baths. This 3,482 square foot home was built in 1917 on a lot size of 0.44.

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.

Multi-Family Active

Price

^$ 1,990,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,739

Style

3 Family

Lot Size

0.44

Year Built

1917

Town/City

Andover

County/Region

Essex

MLS | Web ID

73497282

List By

Henry Gourdeau

Listing Agent

Gibson Sotheby's International Realty

Broker

Affordability Calculator

$13,564

Per Month

Monthly Principal & Interest: $12,253
Monthly Property Taxes: $1,312
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Andover, MA

Average List Price ^$1,221,000

Percent of Sale Price 39%

About Andover, MA

35,854 Population

15% Since 2002

^$137,047 Median Income

44.83 Median Age

38% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
4/7/2026	$1,990,000		Listed Price

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361-363 N Main St, Andover, MA, 01810 is a Multi-Family Home for sale at $1,990,000 with 3,482 sqft and a lot size of 0.44. 361-363 N Main St has 7 bedrooms, 5.0 baths, and was built in 1917. The property's zip code is 01810 which is in Andover, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/13/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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361-363 N Main St

Multi-Family Home for sale in Andover, MA

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