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    53 May St North Andover, MA 01845

    For Sale
    $799,900

    Well-maintained two-family home near downtown shops and restaurants.

    Lot size:
    0.22 Acres

    Property Features for 53 May St

    General Information

    Lot size
    0.22 Acres

    Building Details

    Year built
    1907

    Source: RE/MAX Partners Agent Cheryl Tibaudo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two-Family Home Near Downtown

    This well-maintained and thoughtfully updated two-family home features a unique, bright, and spacious layout. It is located just seconds from downtown shops and restaurants and moments from Rte 495. The first-floor unit features an open-concept living/dining/kitchen area with fresh white cabinets and quartz countertops, as well as a wood stove. Access to the large yard is available via the private back deck or from the three-season sunroom located off the primary bedroom. The second-floor unit is freshly painted and features two bedrooms, an updated bath, and hardwood flooring throughout. A large living room opens to both a large eat-in kitchen with abundant white cabinetry and a private roof deck overlooking the fenced yard. This unit also has a mudroom entry on the first floor and a walk-up attic for storage and potential future finished living space. The property includes young heating systems, extra storage, and laundry hookups in the basement, as well as new fencing. This property is suitable for investors or owner-occupants.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1354771
    Latitude
    42.7047213

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home near downtown shops and restaurants.
    Where is this duplex located?
    The property is located at 53 May St North Andover, MA.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - Prime location: Seconds to downtown shops/restaurants and moments from Rte 495.; - Two units: Ideal for investors or owner-occupants seeking rental income.; - First-floor unit: Open concept living with updated kitchen (quartz countertops) and private deck/yard access.
    (978) 985-8580
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    53 May St North Andover, MA 01845
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    North Andover, MA 01845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    53 May St North Andover, MA 01845
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