2 Andover Terrace #2 Lawrence — Photo 1 of 28
Recent Drop: $10,000
$379,900
Investment Analysis — 2 Andover Terrace #2
Lawrence, MA 01843
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01843 carries an estimated $2,390/mo in gross rent — about a 4.52% cap rate and $17,175/yr in estimated NOI at the $379,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,254
Style
Condominium
Built
1982
Discover the perfect blend of comfort and convenience in this centrally located end-unit townhouse! Just moments away from Route 93, Lawrence Vocational School, and a vibrant shopping area, this condo offers an inviting open-concept layout featuring a cozy living room, dining area, and kitchen. The first level also includes a handy half bath and a washer and dryer for your convenience. Upstairs, you'll find two generous bedrooms and a full bath. The unfinished attic presents exciting possibilities for your personal touch. Enjoy a lovely fenced area ideal for relaxing or grilling, plus two assigned parking spaces. With a low condo fee of just $185.00 per month, this townhouse is a fantastic starter home that you simply have to see to appreciate!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBathroom 1
Lvl FirstBathroom - Half, Dryer Hookup - Electric, Washer Hookup
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub
Property History
$379,900
Was $389,900
Jul 10, 2026
MLS® 73522626
$389,900
May 21, 2026
MLS® 73522626
Listing Agent: Raul Ortega
Listing Office: Realty ONE Group Nest
MLS® Number: 73522626
