Both francesca and stainer offer good suggestions. I used stainer's method a lot when I started modeling (about 25 yrs ago).
With modern software you have more options as francesca noted. If you want shorter labels than "street x street" you could always number your nodes based on a map grid. For example…several of our clients have utility base mapping with a grid overlay. A typical grid might be 500 feet x 500 feet and be indexed something like A to M east-west and 1 to 25 north-south. Within grid square F10, you could label the nodes F10-05, F10-10, F10-15, and so on.