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3 Days on market
75 Cotuit St #1 North Andover — Photo 1 of 16

75 Cotuit St #1 North Andover — Photo 1 of 16

$475,000

Investment Analysis — 75 Cotuit St #1

North Andover, MA 01845

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01845 carries an estimated $2,990/mo in gross rent — about a 4.67% cap rate and $22,192/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

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Beds

2

Baths

1.5

SqFt

1,328

Style

Condominium

Built

1983

Amazing opportunity to build sweat equity in this 2 bedroom 1.5 bath townhouse with attached 1 car garage! This home has great bones and awaiting your ideas! Imagine the possibilities in the oversized eat in kitchen with wood cabinets and direct access to back deck overlooking the expansive backyard. The large living room boasts a cozy brick fireplace feature wall, adding lots of character, and a tall bay window that lets light flood the space. A half bath with convenient first floor laundry and direct access to the garage complete the main level. Upstairs, you’ll find an ample sized main bathroom with double sinks, and 2 generously sized bedrooms. The main bedroom has 2 closets! In the lower level, the unfinished basement offers future expansion possibilities. Storage loft above the garage.Young roof and new air handler (2025) servicing the 2nd floor. 2nd air handler and boiler are older. Home is in need of cosmetic and system updates. Don’t miss this chance to build solid equity- a nearby unit just sold for $621k! And the best part- No condo fees! Each unit pays insurance. Subject to license to sell. Sellers have never lived in the home.

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$475,000
Annual Taxes$5,077

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms4
Fireplaces1
Flooring--
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomKitchenBathroom 1
Living Room
Lvl First

17 x 13

Flooring - Vinyl, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

14 x 13

Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove

Master Bedroom
Lvl Second

16 x 14

Ceiling Fan(s), Closet, Flooring - Vinyl

Bedroom 2
Lvl Second

13 x 11

Bathroom 1
Lvl First

Bathroom - Full, Closet - Linen, Flooring - Vinyl, Washer Hookup

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Closet - Linen

Property History

Listed
$475,000

Sep 9, 2026

MLS® 73574316

Terminated
$475,000

Aug 24, 2026

MLS® 73560517

Listed
$475,000

Aug 6, 2026

MLS® 73560517

Listing Provided By

Listing Agent: Susan P. Kadilak

Listing Office: Fiv Realty Co.

MLS® Number: 73574316