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.
This home has been viewed 9 times
Last Checked: August 5th, 2026 at 5:13am (Source: MLS PIN #73546408)
Gross Income: $30,000
Gross Expenses: $11,976
Net Income Calc: $18,024
Water Views
Annual Expenses for 38-40 Pleasant, North Andover MA 01845
Total Gross Expenses (Calculated)$11,976/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7311
Annual Income & Unit Breakdown for 38-40 Pleasant, North Andover MA 01845
Total Gross Income (Calculated)$30,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor0
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit2
Rent IncludesHeat
General Information for 38-40 Pleasant, North Andover MA 01845
Listing ID73546408
Property TypeMulti Family
Price850000 ($381.68/SqFt)
StyleMulti Family
CityNorth Andover
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2227
Approximate Lot Size (Acres)0
Total Parking8
Garage Parking0
Year Built1900
Year Built SourceAppraiser
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR4
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 38-40 Pleasant, North Andover MA 01845
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher / Dryer
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 38-40 Pleasant, North Andover MA 01845
Real Estate Taxes7311
Tax Year2025
Assessed Value$649,300
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 38-40 Pleasant, North Andover MA 01845
Neighborhood(s)Ipswich
Area Amenities
Contact Information for 38-40 Pleasant, North Andover MA 01845