Active
248 Days on market
33 Chestnut St #2 Andover — Photo 1 of 28

33 Chestnut St #2 Andover — Photo 1 of 28

$1,900,000

Investment Analysis — 33 Chestnut St #2

Andover, MA 01810 — In Town

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01810 carries an estimated $3,530/mo in gross rent — about a 0.12% cap rate and $2,194/yr in estimated NOI at the $1,900,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,295

Style

Condominium

Built

1991

Introducing Townsman Row — a collection of three luxury new-construction townhomes crafted by premier local builder Greg Alexandris. Perfectly positioned in the heart of downtown Andover and directly across from The Park, these residences offer the ultimate blend of lifestyle, location, and design. Each home spans approximately 2,200 square feet across three thoughtfully designed levels, featuring 3 bedrooms, 3.5 bathrooms, and bright open-concept living. A private elevator services the first two levels, offering both comfort and convenience. Every detail reflects a commitment to quality — from high-end finishes and custom millwork to chef-inspired kitchens and spa-like primary suites. With garage parking and a coveted downtown address steps from shops, dining, and schools Townsman Row delivers the perfect balance of luxury and convenience.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,900,000
Annual Taxes--
HOA Fee$600

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Ductless
CoolingCentral Air, Ductless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRes

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 3Bathroom 3
Second
Living RoomKitchenMaster BedroomBathroom 2
First
Bedroom 2Bathroom 1
Living Room
Lvl Second

19 x 16

Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding

Kitchen
Lvl Second

14 x 9

Flooring - Hardwood, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant, Crown Molding

Master Bedroom
Lvl Second

12 x 14

Bathroom - 3/4, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Crown Molding

Bedroom 2
Lvl First

12 x 14

Bedroom 3
Lvl Third

13 x 18

Bathroom - Full, Flooring - Hardwood, Recessed Lighting

Bathroom 1
Lvl First

7 x 9

Bathroom - Full, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

5 x 7

Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting, Crown Molding

Bathroom 3
Lvl Third

6 x 16

Bathroom - Full, Flooring - Stone/Ceramic Tile, Recessed Lighting

Listing Provided By

Listing Agent: Cormier Collective Team

Listing Office: Serhant

MLS® Number: 73466307