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38-40 Pleasant, North Andover MA 01845

North Andover, MA 01845
$850,000
Est. $5,107/month
4
Beds
2.5
Baths
2,227
Sq Ft
$382
Price/Sq Ft
0.00
Acres
1900
Year Built
8
Parking
2 hours 53 minutes
Time on Market
Active Listed Jul 8, 2026 • MLS# 73546408 Copied! • Updated Jul 8, 2026

About this home

Rare opportunity to own a beautifully maintained duplex in North Andover’s coveted Machine Shop Village District. Tucked along a charming one-way street, this unique property offers separate driveways, private entrances, and a peaceful, tree-lined backyard that feels like your own private retreat. 38 Pleasant St. features 2 bedrooms, 1.5 baths, a welcoming porch, an oversized primary bedroom, and spacious living and dining rooms perfect for entertaining. 40 Pleasant St. offers 2 bedrooms, 1 bath, and a lovely private deck. Each unit includes its own basement with dedicated washer and dryer, providing exceptional convenience, storage, and privacy. Ideal for an owner-occupant looking to offset their mortgage or an investor seeking a turnkey addition to their portfolio, this versatile property combines timeless character, everyday comfort, and an unbeatable location just moments from downtown, parks, restaurants, and commuter routes.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 8, 2026
$850,000
Original listing
Office: J. Borstell Real Estate, Inc.

Tax History

Year Taxes Assessment
2025 $7,311 $649,300

Financial Details

Annual Property Tax
$7,311
Tax Year 2025
Assessed Value
$649,300

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,227 sq ft
Lot Size 0.0000
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,500/mo · Y
Total Monthly Rent $2,500/mo
Gross Income $30,000
Net Operating Income $25,335
Operating Expenses $4,665
Water/Sewer Expense $2,168
Insurance Expense $2,497
Cap Rate 2.98%
Heating None
Cooling None
Flooring Wood
Appliances None
Fireplace None
Basement Full
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Covered
Features Paved Drive, Off Street
Total Spaces 8
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,311
Assessed Value $649,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyers Agent To Due Their Own Due Diligence. Listing Agent Is Owner Of The Property
Possession None
Accepted Financing None
Structure Type []
House Color Green
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,227 sq ft
Total Rooms
8
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street
School District
North Andover School District local
A-
🎓 Where Graduates Go Class of 2021
77% attend college
68% 4-Year 9% 2-Year 36% Out of State 4% Working
School Safety 2024-25
0.6% Low
0.6% Suspensions 0.1% In-School
4.9% below state avg
E

Elementary Schools

3 schools
St. Michael Elementary School
0.3 mi
Grades PK-08
Anne Bradstreet Early Childhood Center
0.6 mi
462 students Moderate
Grades PK-K
C
Atkinson School
0.7 mi | #660 of 824 | Score: 38.0
Dropped 28 spots from last year
-20.2 below state avg
274 students Diverse
Diverse Student Body
Grades 01-05
M

Middle Schools

3 schools
A-
North Andover Middle School
0.4 mi | #86 of 352 | Score: 51.2
Improved 26 spots from last year
-7 below state avg
1,023 students Diverse
Rising School Strong Attendance
Grades 06-08
B+
Spark Academy
1.2 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
1.7 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
H

High Schools

3 schools
A
North Andover High School
0.4 mi | #54 of 346 | Score: 66.6
Improved 33 spots from last year
+8.4 above state avg
1,328 students Diverse
21 sports • 2,578 athletes
Strong AP Program High Graduation Rate Rising School Career Tech Programs
Grades 09-12
C
Lawrence High School
1.4 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B-
RISE Academy
1.6 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
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Over life of loan
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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 $609
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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Current Rate
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+0.5% Rate
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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.

Location

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Neighborhood

38-40 Pleasant, North Andover MA 01845

North Andover, MA 01845

Listing Information

Listing Agent James Williamson
Listing Office J. Borstell Real Estate, Inc.
Office Phone 978-502-8045
Agent MLS ID CN219873
Office MLS ID G80038
Listing Data Updated Jul 8, 2026 10:53 AM 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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