
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.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,FirstCloset/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,FirstCeiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
Primary Bedroom
Lvl Main,FirstCeiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Lighting - Overhead
Bedroom 4
Lvl SecondWalk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Bathroom 1
Lvl Main,FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Half, Flooring - Stone/Ceramic Tile, Attic Access
Listing Agent: North Point Home Group
Listing Office: Compass
MLS® Number: 73579082

