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361-363 N Main St, Andover MA 01810

Andover, MA 01810 • Shawsheen Village
$1,990,000
Est. $11,574/month
7
Beds
5
Baths
3,482
Sq Ft
$572
Price/Sq Ft
0.44
Acres
1917
Year Built
13 hours 9 minutes
Time on Market
Active Listed Apr 7, 2026 • MLS# 73497282 Copied!

About this home

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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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1917
Bedrooms
7
Full Bathrooms
5
Living Area
3,482 sq ft
Total Rooms
18
Stories
6
Levels
6

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential Income
Style 3 Family
Year Built 1917
Living Area 3,482 sq ft
Lot Size 0.44 acres
Bedrooms 7
Full Baths 5
Total Rooms 18

Interior

Heating Forced Air
Cooling Central Air
Flooring Wood, Tile, Hardwood
Appliances Range, Oven, Dishwasher, Refrigerator, Freezer, Washer/dryer, Microwave, Washer, Dryer
Fireplace Wood Burning
Fireplaces 2
Basement Finished, Partially Finished, Interior Entry
Laundry Gas Dryer Hookup, Washer Hookup
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

Exterior

Construction Frame
Architecture None
Roof Shingle

Parking

Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 10

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup

Financial

Annual Tax $15,739
Assessed Value $1,260,100

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Oven, Dishwasher, Refrigerator, Freezer, Washer/Dryer, Microwave, Washer, Dryer
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
Windows:
Basement: Finished, Partially Finished, Interior Entry
Laundry: Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1917
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 1
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type: Wood Burning

Location

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Neighborhood

Shawsheen Village

361-363 N Main St, Andover MA 01810

Andover, MA 01810

Walkability

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Nearby Schools

School District
Andover School District local
A+
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.1% In-School
5.1% below state avg
E

Elementary Schools

10 schools
Saint Augustine School
1.4 mi
Grades PK-08
The Pike School Inc
3.1 mi
Grades PK-09
Anderson School
3.4 mi
Grades PK-07
Andover School of Montessori
3.9 mi
Grades PK-08
Melmark New England School
5.1 mi
Grades PK-12
Shawsheen School
1.3 mi
85 students Diverse
Grades PK
A
West Elementary School
1.3 mi | #138 of 824 | Score: 57.4
Improved 139 spots from last year
-0.8 below state avg
605 students Diverse
Rising School
Grades K-05
A+
Henry C Sanborn Elementary School
2.6 mi | #27 of 824 | Score: 64.1
Improved 14 spots from last year
+5.9 above state avg
332 students Diverse
Strong Attendance
Grades K-05
A+
High Plain Elementary School
3.1 mi | #49 of 824 | Score: 62.4
Improved 50 spots from last year
+4.2 above state avg
505 students Diverse
Rising School Diverse Student Body
Grades K-05
A+
South Elementary School
3.3 mi | #58 of 824 | Score: 61.7
Dropped 8 spots from last year
+3.5 above state avg
438 students Diverse
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
A
Andover West Middle School
1.1 mi | #49 of 352 | Score: 57.0
Dropped 33 spots from last year
-1.2 below state avg
508 students Diverse
Grades 06-08
A
Doherty Middle School
1.6 mi | #41 of 352 | Score: 58.5
Improved 13 spots from last year
+0.3 above state avg
493 students Moderate
Strong Attendance
Grades 06-08
A
Wood Hill Middle School
3.4 mi | #69 of 352 | Score: 53.8
Dropped 38 spots from last year
-4.5 below state avg
317 students Diverse
Diverse Student Body Strong Attendance
Grades 06-08
H

High Schools

3 schools
A+
Andover High School
1.2 mi | #24 of 346 | Score: 72.8
Improved 10 spots from last year
+14.6 above state avg
1,609 students Diverse
20 sports • 2,968 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Phillips Academy
1.9 mi
Grades 09-12
B+
Greater Lawrence Regional Vocational Technical School
2.9 mi | #140 of 346 | Score: 56.5
Improved 48 spots from last year
-1.7 below state avg
1,837 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,312
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 7, 2026
$1,990,000
Original listing
Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Apr 7, 2026 New Listing Added $1,990,000

Market Statistics

Time on Market
13 hours 9 minutes
Price per Sq Ft
$572

Tax History

Year Taxes Assessment
2025 $15,739 $1,260,100

Financial Details

Annual Property Tax
$15,739
Tax Year 2025
Assessed Value
$1,260,100

Listing Information

Listing Agent Henry Gourdeau
Listing Office Gibson Sotheby's International Realty
Agent MLS ID CN243180
Office MLS ID AN6133
Listing Data Updated Apr 7, 2026 3:53 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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