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3 Days on market
32 Morton St Andover — Photo 1 of 42

32 Morton St Andover — Photo 1 of 42

$1,550,000

Investment Analysis — 32 Morton St

Andover, MA 01810 — In Town

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 0.85% cap rate and $13,144/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,659

Style

Single Family

Built

1901

Welcome to the Baldwin-Sherman House, built in 1900 by Stevens of Lawrence. This exceptional 5-bedroom home, on one of Andover's premier streets, is just moments from Doherty Middle School, Town Hall, and all that downtown Andover has to offer. Rich in character and timeless in appeal, this residence blends historic charm with spaces designed for modern living. Step inside the grand two-story entry hall, with its built-in benches, fireplace, and graceful staircase, and imagine the possibilities. Standout features include 5 fireplaces, custom woodwork showcasing classic craftsmanship throughout, and 3.5 baths. The elegant Dining Room, with fireplace and built-in china cabinet, opens through an archway to a charming Library with custom built-ins, then through French doors to a cozy Den. The large Kitchen offers a breakfast bar, abundant cabinetry, and a table area. Four corner bedrooms and a sitting room on the second floor are all brimming with light. A hidden staircase leads to the third floor, with a bedroom, a playroom with custom built-ins, and a sunny hideaway perfect for an artist's studio or quiet office. Relax on the large deck overlooking the spacious, mature-landscaped lot. The oversized 3-car detached garage, with a walk-up loft, offers tremendous storage for the car enthusiast, or the opportunity for a future studio or ADU. The perfect backdrop for your creativity.

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 3,659 sq ft principal dwelling). Lot size: 39,901 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.

Open Houses

Property Details

Financials

Original Price$1,550,000
Annual Taxes$22,333

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms9
Fireplaces5
FlooringTile, Carpet, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Walk-Out Access, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Hot Water, Oil, Natural Gas, Fireplace(s)
CoolingCentral Air, Window Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Irregular
ZoningSRA

Property & Lot

Acres0.92
SqFt Lot39,901
Lot FeaturesWooded, Easements

Amenities & Appliances

Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Vacuum System - Rough-in • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 5
Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

14 x 13

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Overhead, Archway, Crown Molding, Decorative Molding

Dining Room
Lvl Main,First

13 x 16

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Wainscoting, Lighting - Overhead, Crown Molding

Kitchen
Lvl Main,First

13 x 23

Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Country Kitchen, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead, Decorative Molding, Window Seat

Primary Bedroom
Lvl Second

12 x 15

Walk-In Closet(s), Closet, Flooring - Wood, Lighting - Sconce, Lighting - Overhead, Crown Molding, Decorative Molding

Bedroom 2
Lvl Second

11 x 14

Bedroom 3
Lvl Second

15 x 10

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead, Crown Molding

Bedroom 4
Lvl Second

15 x 13

Fireplace, Walk-In Closet(s), Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding

Bedroom 5
Lvl Third

11 x 15

Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

6 x 3

Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink

Bathroom 2
Lvl Second

9 x 7

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting, Lighting - Overhead

Bathroom 3
Lvl Second

11 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Sebell Vogt Homes

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

MLS® Number: 73578751