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46 Woburn Street Andover — Photo 1 of 20

46 Woburn Street Andover — Photo 1 of 20

$749,900

Investment Analysis — 46 Woburn Street

Andover, MA 01810

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 3.07% cap rate and $23,032/yr in estimated NOI at the $749,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,364

Style

Single Family

Built

1940

Charming and full of character, this picturesque three-bedroom ranch, built in 1940, feels like a private oasis in the heart of Andover.Nestled between conservation land on either side and surrounded by mature trees, the home offers an exceptional sense of privacy and tranquility. A quaint screened porch embraced by lush grapevines, along with established landscaping, enhances its warm, cottage-like appeal and creates a peaceful setting for relaxing and enjoying the outdoors.Located directly across from South Elementary School, the home combines peaceful surroundings with everyday convenience. Its comfortable three-bedroom layout, with two exposed brick fireplaces, ample storage, attached garage, and picturesque neighborhood make it a wonderful place to call home in one of New England’s most desirable towns, known for its excellent schools, historic character, and Phillips Academy. An expansive, unfinished basement extending beneath the full footprint of the home offers exciting potential to personalize this home. With Boston within easy driving distance and the commuter rail just a short 10-minute walk away, this home presents an exceptional opportunity to establish yourself in Andover and enjoy access to its highly regarded public school system.

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: 682 sq ft (the lesser of 900 sq ft or half the 1,364 sq ft principal dwelling). Lot size: 7,501 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$749,900
Annual Taxes$9,162.36

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces2
FlooringTile, Hardwood, Parquet, Flooring - Hardwood
BasementFull, Interior Entry, Garage Access, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningSRB

Property & Lot

Acres0.17
SqFt Lot7,501
Lot FeaturesWooded, Level

Amenities & Appliances

Electric Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenOfficePrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl First

13 x 19

Flooring - Hardwood

Dining Room
Lvl First

9 x 10

Flooring - Hardwood

Kitchen
Lvl First

9 x 17

Flooring - Hardwood, Countertops - Upgraded

Office
Lvl First

13 x 9

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup

Primary Bedroom
Lvl First

13 x 11

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 10

Bedroom 3
Lvl First

10 x 9

Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Marble, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Lighting - Overhead

Listing Provided By

Listing Agent: Johanna Webster

Listing Office: Coldwell Banker Realty - Andovers/Readings Regional

MLS® Number: 73582718