
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First14 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Overhead, Archway, Crown Molding, Decorative Molding
Dining Room
Lvl Main,First13 x 16
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Chair Rail, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,First13 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 Second12 x 15
Walk-In Closet(s), Closet, Flooring - Wood, Lighting - Sconce, Lighting - Overhead, Crown Molding, Decorative Molding
Bedroom 2
Lvl Second11 x 14
Bedroom 3
Lvl Second15 x 10
Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead, Crown Molding
Bedroom 4
Lvl Second15 x 13
Fireplace, Walk-In Closet(s), Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bedroom 5
Lvl Third11 x 15
Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bathroom 1
Lvl Main,First6 x 3
Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Pedestal Sink
Bathroom 2
Lvl Second9 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 Second11 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Sebell Vogt Homes
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73578751

