168 Lowell St Andover — Photo 1 of 41
$700,000
Investment Analysis — 168 Lowell St
Andover, MA 01810
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01810 carries an estimated $2,940/mo in gross rent — about a 2.85% cap rate and $19,985/yr in estimated NOI at the $700,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,588
Style
Single Family
Built
1952
Welcome to 168 Lowell Street, a charming ranch-style home in Andover’s desirable West Parish district. This well maintained home offers comfortable one-level living with inviting spaces and thoughtful updates throughout. This home features a fireplaced living room, a bright dining area with skylights, and refreshed galley kitchen with beautiful new quartz countertops and new appliances. Central air conditioning provides year-round comfort. The finished lower level offers additional living space and could provide potential for an additional bedroom, home office, recreation room, or guest space, depending on your needs. Step outside to enjoy the beautifully fenced-in yard, spacious patio, and Reeds Ferry Shed, providing excellent outdoor storage for gardening equipment, tools, bikes and more . A wonderful opportunity to own a ranch in a highly desirable Andover location with classic charm, modern updates, flexible living space and a beautifully maintained outdoor setting. Fantastic commuter location and five minutes to downtown!!! Truly a lovely home!!!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 794 sq ft (the lesser of 900 sq ft or half the 1,588 sq ft principal dwelling). Lot size: 13,560 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14.083333333 x 20.916666666
Flooring - Hardwood, Chair Rail, Exterior Access, Recessed Lighting, Slider, Crown Molding
Dining Room
Lvl First13.25 x 11.833333333
Ceiling Fan(s), Flooring - Vinyl, Exterior Access, Lighting - Overhead, Half Vaulted Ceiling(s)
Kitchen
Lvl First13.5 x 8.416666666
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances, Beadboard
Family Room
Lvl Basement16.75 x 15.166666666
Walk-In Closet(s), Flooring - Vinyl, Lighting - Overhead, Beadboard
Master Bedroom
Lvl First13.833333333 x 10
Flooring - Hardwood, Lighting - Overhead, Crown Molding, Closet - Double
Bedroom 2
Lvl First11.5 x 10.583333333
Bathroom 1
Lvl First6.166666666 x 7.333333333
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce, Lighting - Overhead
Listing Agent: Deborah Noone
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73568266
