361-363 N Main Street, Shawsheen VillageAndover, MA 01810MLS Number 73497282

  • Price: $1,850,000
  • Est. Mortgage of $/month
  • 38 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
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  • 7Bedrooms
  • 0.44Acreage
  • 5Bathrooms
  • 1917Year Built

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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.
Listed by Henry Gourdeau of Gibson Sotheby's International Realty

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More Info

Basic Information

  • Gross Income $159,600
  • Mls StatusPrice Changed
  • Parcel Number M:00052 B:00028 L:00000,1838575

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms7
  • Full Bath5

Location

  • Address361-363 N Main Street
  • Building Number361-363
  • CountyEssex
  • NeighborhoodShawsheen Village
  • StateMA
  • StreetN Main Street
  • SubdivisionShawsheen Village
  • TownAndover
  • Zip01810

Exterior

  • Exterior Features Sprinkler System, Garden
  • Fencing Fenced
  • RoofShingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric 220 Volts, Circuit Breakers
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed04/07/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $1,260,100
  • Tax Year 2025
  • Taxes$15,739

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces10

Building

  • BasementFinished, Partially Finished, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplace Features Wood Burning
  • Fireplaces Total 2
  • FoundationStone
  • Garage Spaces2
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms18
  • Stories6
  • Units3
  • Utilities For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup
  • Year Built1917
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Legal

  • ZoningSRA

School Information

  • Elementary SchoolWest El
  • High SchoolAndover
  • High School Andover
  • Junior HighWest Middle

Basic Information

  • List Price$1,850,000
  • MLS Number73497282
  • Modification Date05/14/2026
  • Property SubType3 Family
  • Virtual TourView Tour

Property

  • Acreage0.44

Interior

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

Property Information

  • Building Area Source Public Records
  • Living Area 3,482
  • Lot Size Square Feet 19,301
  • Lot Size Units Acres
  • Square Feet3,482

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Oven, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Microwave, Washer, Dryer
  • Other AmenitiesBasement, Fireplace, Garden, Golf, Tennis

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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