Active
64 Days on market
54 William Street Andover — Photo 1 of 42

54 William Street Andover — Photo 1 of 42

Recent Drop: $50,000

$1,800,000
$1,750,000

$1,750,000

Investment Analysis — 54 William Street

Andover, MA 01810

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01810 carries an estimated $3,890/mo in gross rent — about a 0.64% cap rate and $11,118/yr in estimated NOI at the $1,750,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

5

SqFt

5,879

Style

Single Family

Built

1994

Thoughtfully designed 4-5 bedroom Contemporary Colonial in the historic "Brick Shawsheen" neighborhood. On a tree lined street with a cul de sac and sidewalks, this location offers easy access to downtown Andover, all major highways and Commuter Rail service to Boston. The welcoming 2 story entry foyer is framed by a fireplaced living room to the right, and formal dining room to the left. The bright eat-in kitchen with dining area opens to a 2 story family room with wood burning fireplace and custom built-ins. Easy access to the screened porch and deck with views of Grieco Pond, is perfect for entertaining. 1st floor office/guest room with nearby 1/2 bath. Mudroom, laundry and 3/4 bath at side entry and 3 car garage. 2nd floor main bedroom is a quiet retreat, with beautifully renovated spa-like bath with double vanity, over-sized shower and soaking tub. En-suite bedroom, (2) additional bedrooms w/shared hall bath and bonus room complete the 2nd floor. Finished lower level offers fireplaced media room with custom cabinetry and a wet bar, home gym or office with French doors, 1/2 bath and additional storage area. Great home, in a great location. This home is a must see!

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: 900 sq ft (the lesser of 900 sq ft or half the 5,879 sq ft principal dwelling). Lot size: 22,682 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.

Property Details

Financials

Original Price$1,800,000
Annual Taxes$24,359

Parking

Garage3
Off-Street7

Interior Specifications

Total Rooms13
Fireplaces3
FlooringTile, Carpet, Hardwood, Stone / Slate, Flooring - Wall to Wall Carpet, Flooring - Hardwood
BasementFull, Partially Finished, Garage Access

Climate & Utilities

HeatingForced Air, Natural Gas, Electric, Fireplace
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSRA

Property & Lot

Acres0.52
SqFt Lot22,682
Lot FeaturesEasements

Amenities & Appliances

Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Highway Access • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Main,First
Bathroom 2
Living Room
Lvl First

18 x 13

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Archway, Crown Molding

Dining Room
Lvl First

15 x 14

Flooring - Hardwood, Chair Rail, Archway, Crown Molding, Decorative Molding

Kitchen
Lvl First

28 x 15

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Lighting - Pendant

Family Room
Lvl First

22 x 15

Skylight, Ceiling Fan(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan

Primary Bedroom
Lvl Second

24 x 15

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Double Vanity, Recessed Lighting, Remodeled, Crown Molding, Tray Ceiling(s)

Bedroom 2
Lvl Second

13 x 13

Bedroom 3
Lvl Second

13 x 12

Flooring - Vinyl, Closet - Double

Bedroom 4
Lvl Second

14 x 13

Bathroom - Full, Closet, Flooring - Hardwood, Pocket Door

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl Main,First

Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Gas, Washer Hookup, Pocket Door

Bathroom 3
Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Recessed Lighting, Remodeled, Lighting - Sconce, Soaking Tub

Property History

Price Drop
$1,750,000

Was $1,800,000

Sep 10, 2026

MLS® 73548422

Listed
$1,800,000

Jul 12, 2026

MLS® 73548422

Listing Provided By

Listing Agent: Cathy Johnson

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73548422