37 Lincoln Street, North Andover, MA 01845
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$875,000
2 Unit
5 Beds
3 Baths
2808 SQFT
0.12 Acre

Property Description

Looking for a blue chip investment to kick start your investment portfolio? Look no further than 37-39 Lincoln, perfect for the buyer looking purely for income or to owner occupy. There are ample sweat equity opportunities & reconfiguration possibilities awaiting the next owner. Each unit's layout is open & airy w/ high ceilings, ample sunlight and wood flooring. Unit #1 currently rented (MTM) while unit #2 layout adds an open landing area w/ attached 3 seasons front porch framed by wrap around windows as well as an attic that is finished, heated & well insulated. The upper bedroom and bonus space is bisected by a bathroom/flex area. Each unit has their own driveway, private outdoor space, & in uint laundry while sharing a fully fenced yard & basement storage. Less than a half mile from all 4 zoned K-12 schools, Steven Memorial Library & High Street dining. Short distance to The Town Common, Stevens Pond, entire Coolidge Estate, Merrimack College, I495, I93, RT 114 and so much more!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Stables, Swimming Pool, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Sump Pump, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Floored Attic, Heated Attic, Internet Available - Unknown, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 22800
  • Net Operating Income: 22800

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps, Individually Metered
  • Utility Connections: for Electric Dryer, for Electric Oven, for Electric Range, for Gas Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73482054
  • Last Updated: 03/04/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/03/2026New$875,000$312MLSPIN

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Seller's Representative: Justin Blankenship, Fiv Realty Co
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-03-04 03:30:00

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