Andover Terrace Condominiums
Andover Terrace sits on Longwood Drive, a short hop from downtown Andover in the town’s 01810 zip code. Built in 1961, this 48-unit mid-rise community is one of Andover’s established garden-style complexes — and one of its most approachable, with a mix of one- to three-bedroom homes that have long appealed to first-time buyers, commuters, and downsizers.
Location is the headline here. Downtown Andover’s shops, restaurants, the commuter rail station, and Memorial Hall Library are all close by, and Routes 93 and 495 are within an easy drive. Units have sold recently in the low-to-mid $300,000s, keeping Andover Terrace among the more accessible entries into Andover ownership — and the complex carries FHA approval, which matters to first-time buyers financing with an FHA loan.
Inside, the homes are classic mid-century condos with one to three bedrooms, one to two baths, and roughly 670 to 1,300 square feet. Many units have been updated with renovated kitchens, modern flooring, and fresh bathrooms. The monthly condo fee covers a long list of essentials — heat, hot water, water, sewer, exterior maintenance, landscaping, snow removal, master insurance, refuse removal, and common laundry facilities — and deeded off-street parking comes with each unit.
Because Andover Terrace dates to 1961, savvy buyers weigh unit updates — kitchens, baths, and flooring — when comparing values, and recent sales show renovated units commanding a premium over original-condition ones. The deeded parking and all-inclusive fee structure, with heat and hot water included, keep total monthly costs competitive with newer complexes that charge more for less. For investors, the rental history and train-station proximity make it a perennial consideration; for owner-occupants, it’s one of the few ways to live in Andover proper at this price point.
Unit Features
- One to three bedrooms, one to two bathrooms
- Roughly 670 to 1,300 square feet of living space
- Many units with renovated kitchens and baths
- Granite kitchen finishes in select homes
- Patios in select units
- Wall A/C cooling
- Deeded off-street parking
Building Features & Amenities
- 48 units in a mid-rise garden-style community built in 1961
- FHA-approved condominium complex
- Condo fee includes heat, hot water, water, sewer, exterior maintenance, landscaping, snow removal, master insurance, and refuse removal
- Common laundry facilities and extra storage
- Steps from downtown Andover shops, dining, and the MBTA commuter rail
- Easy access to I-93 and I-495
Living in Andover brings highly regarded public schools, a walkable town center, commuter rail service to Boston’s North Station, and hundreds of acres of conservation land — all minutes from Andover Terrace.
Looking for the best realtor in Andover, MA? Contact Chris Doherty and the Doherty Properties team for a private tour and current availability.