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33 Union St North Andover — Photo 1 of 39

33 Union St North Andover — Photo 1 of 39

$799,900

Investment Analysis — 33 Union St

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 3.64% cap rate and $29,152/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

2,200

Style

Single Family

Built

1920

Step through the Anderson glass door into a custom built mud room and there's nothing left to do but move in. Every inch of this 1920 bungalow has already been thoughtfully finished - custom cabinetry, a farmhouse sink, and stone counters anchor a kitchen built for gathering, while crown molding and matching custom woodwork carry that same craftsmanship through nearly every room. The pocket doors off the living room and the French-door den give you flexible space already move-in ready as a dining room, home office, playroom, or nursery - no renovation required, just decide how you'll use it. The first-floor primary suite with its walk-in closet means single-level living is an option from day one, while three more bedrooms upstairs leave plenty of room to grow. Outside, the enclosed front porch and oversized covered back deck extend the living space into the outdoors, and the fenced yard with its patios, stone walls, garden beds, and detached garage - is already landscaped and ready to enjoy the first weekend you're in. You'll also love not having an electric bill with owned solar panels! What really sets this one apart is the setting: a sidewalk-lined, publicly maintained street in an established North Andover neighborhood, with public transportation, parks, conservation land, and schools all close at hand. It's the kind of block where you get to know your neighbors, kids can walk to the park, and everything feels a short trip away - the sense of community you can't renovate into a house, but that comes built in here.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,200 sq ft principal dwelling). Lot size: 7,736 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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

Original Price$799,900
Annual Taxes$6,963

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas, Ductless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR4

Property & Lot

Acres0.18
SqFt Lot7,736
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bedroom 4Bathroom 2
Main,First
Living RoomKitchenFamily RoomPrimary BedroomBathroom 1
Living Room
Lvl Main,First

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding

Kitchen
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding

Family Room
Lvl Main,First

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding

Primary Bedroom
Lvl Main,First

Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 4
Lvl Second

Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Half, Flooring - Stone/Ceramic Tile, Attic Access

Listing Provided By

Listing Agent: North Point Home Group

Listing Office: Compass

MLS® Number: 73579082