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486 Andover St, Lawrence MA 01843

Lawrence, MA 01843
$1,100,000
Est. $6,600/month
9,414
Sq Ft
$117
Price/Sq Ft
0.34
Acres
1910
Year Built
126
Days on Market
Pending Listed Jun 5, 2025 • MLS# 73386145 Copied!

About this home

UNLEASH THE POTENTIAL: YOUR NEXT INVESTMENT MASTERPIECE AWAITS IN SOUTH LAWRENCE! Visionaries, take note! Nestled in the dynamic heart of South Lawrence, 486 Andover Street presents a rare and thrilling opportunity to redefine urban living. This property is your canvas for crafting a modern, high-yield residential haven. Spanning an expansive 9,414 sq. ft., this structure is ready to be reimagined into a stunning, income-generating asset. Whether you envision sleek, contemporary apartments or a luxury complex that stands out in the market, the possibilities here are as exciting as they are lucrative. Strategically located in a vibrant, amenity-rich neighborhood, this property offers unparalleled accessibility via major routes—perfect for drawing tenants and ensuring long-term value. Its prime positioning, so come hit the ground running and realize your vision faster than ever.

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Property Overview

Listing Type
Commercial Sale
Year Built
1910
Living Area
9,414 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1910
Living Area 9,414 sq ft
Lot Size 0.34 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $10,057

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

486 Andover St, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Nearby Schools

School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
✓ School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
↓ 3.3% below state avg
E

Elementary Schools

3 schools
C+
Emily G Wetherbee School
0.2 mi | #235 of 352 | Score: 37.5
Improved 1 spots from last year
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
Lawrence Catholic Academy
0.5 mi
Grades PK-08
C
Robert Frost School
0.6 mi | #602 of 824 | Score: 40.8
Improved 56 spots from last year
-17.4 below state avg
568 students Less Diverse
Grades K-04
M

Middle Schools

3 schools
C-
Frost Middle School
0.6 mi | #297 of 352 | Score: 31.7
Improved 21 spots from last year
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
C-
Guilmette Middle School
0.8 mi | #294 of 352 | Score: 31.8
Improved 4 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
B+
Spark Academy
1.0 mi | #6 of 16 | Score: 35.8
Improved 245 spots from last year
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
B
High School Learning Center
0.6 mi | #172 of 346 | Score: 71.1
Dropped 128 spots from last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
0.9 mi | #270 of 346 | Score: 44.4
Improved 39 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.3 mi | #182 of 346 | Score: 69.9
Dropped 160 spots from last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $838
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jun 5, 2025
$1,100,000
Original listing
Agent: Coa Realty Group Office: Empire Real Estate™
🏠
Listed for Sale
Jun 5, 2025
$1,100,000
Original listing
Agent: Coa Realty Group Office: Empire Real Estate™

Price & Status History

Date Event Price Change
Jun 5, 2025 New Listing Added $1,100,000 —
Jun 5, 2025 New Listing Added $1,100,000 —

Market Statistics

Days on Market
126 days
Price per Sq Ft
$117

Tax History

Year Taxes Assessment
2025 $10,057 —

Financial Details

Annual Property Tax
$10,057
Tax Year 2025

Listing Information

Listing Agent Coa Realty Group
Listing Office Empire Real Estate™
Agent MLS ID TM348921
Office MLS ID BB3301
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lawrence, MA

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