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10-12 Johnson Street North Andover — Photo 1 of 30

10-12 Johnson Street North Andover — Photo 1 of 30

$949,900

Investment Analysis — 10-12 Johnson Street

North Andover, MA 01845 — Old Center

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01845 carries an estimated $6,580/mo in gross rent — about a 5.47% cap rate and $51,951/yr in estimated NOI at the $949,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,618

Style

2 Family - 2 Units Up/Down

Built

1920

Some properties hold a place in the history of a town. Held by the same family for generations, 10–12 Johnson Street presents a rare investment opportunity in the heart of North Andover’s storied Old Center. The Town Common, Youth Center, Drummond Playground and Stevens-Coolidge help define this special setting, where concerts, festivals and traditions bring the community together. The Stevens Trail offers a scenic connection to Weir Hill and miles of hiking, while local favorites Baba Yum Burgers and Cow’s Rock add to the character of the location. Beyond the Old Center, Lake Cochichewick and North Andover Country Club are both just minutes away, and compliment this exceptional setting. The home itself has a iconic presence, with two spacious residences defined by high ceilings, hardwood floors, gracious room proportions and the warmth and character of a home that has evolved over generations. Expansive front and rear porches—recently remodeled and reinforced— offer a timeless appeal. Set within the Franklin School district, this home and location is more than a two-family—it is a singular opportunity to own a special piece of North Andover and carry the story forward.

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

Original Price$949,900
Annual Taxes$8,059

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms10
FireplacesNone
FlooringVinyl, Carpet, Hardwood, Tile
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingSteam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningB1

Property & Lot

Acres--
SqFt Lot0.08
Lot FeaturesWooded, Easements, Sloped

Amenities & Appliances

Range • Refrigerator • Washer • Dryer • Dishwasher • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: The Lush Group

Listing Office: Compass

MLS® Number: 73573775