
22 Cleveland St #22 North Andover — Photo 1 of 38
$599,999
Investment Analysis — 22 Cleveland St #22
North Andover, MA 01845
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01845 carries an estimated $3,960/mo in gross rent — about a 4.78% cap rate and $28,693/yr in estimated NOI at the $599,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,380
Style
Condex
Built
1900
Welcome to this beautifully updated three-level duplex-style townhouse offering over 2,300 sq. ft. of living space with 4 bedrooms, 2½ baths, plus an unfinished basement providing plenty of additional storage. Renovated in 2019, this spacious home features an inviting foyer, hardwood flooring, high ceilings, and an updated kitchen with granite countertops, a large center island, stainless steel appliances, and abundant maple cabinetry. The main level also offers plenty of room to spread out, with a cozy den, formal dining room with French doors, and a bright, sun-filled living room with an additional eat-in dining area. A convenient half bath and laundry area complete the first floor. Upstairs, the second level features a spacious primary suite with a walk-in closet and en-suite full bath, along with two additional generously sized bedrooms, a second full bath, and ceiling fans throughout. The third level offers even more flexible living space with a fourth bedroom and additional space ideal for a playroom, home office, or both. Additional updates include newer mechanicals, electrical subpanels, a newer forced hot-air HVAC system, supplemental A/C for the upper floors, a newer water heater, and Mass Save insulation and weatherization improvements, including added soundproofing. Outside, enjoy a fenced-in backyard with private patio space and dedicated off-street parking. All of this is conveniently located within walking distance to downtown shops, restaurants, and local amenities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Dining Room
Lvl First14 x 15
Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Lighting - Overhead, Crown Molding
Kitchen
Lvl First11 x 19
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant, Crown Molding
Primary Bedroom
Lvl Second11 x 16
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Second12 x 12
Bedroom 3
Lvl Second11 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Bedroom 4
Lvl Third18 x 19
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Window Seat
Bathroom 1
Lvl First6 x 11
Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl Second6 x 10
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Bathroom 3
Lvl Second7 x 9
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Stained Glass, Lighting - Sconce, Lighting - Overhead
Listing Agent: Danielle Ventre
Listing Office: Littlefield Real Estate, LLC
MLS® Number: 73577209

