1 Powder Mill Square unit 302

Sale price $281,100

The desirable Powder Mill Square condominiums is located right off of Route 28 in bustling downtown Andover, MA. The development is comprised of 60 condo units with stunning views of the Shawsheen River. Units feature a contemporary kitchen, in unit laundry, convenient gas cooking. Amazing views of the Shawsheen River and immaculately kept grounds. Enjoy the close proximity of commuter train service to downtown Boston. Only 5 minute walk to middle school and high school. This community also offers easy access to I-495, great restaurants, coffee shops, Stop & Shop, Whole Foods, and more.

Unit in Building 1  contains a Living/dining Room, Kitchen with range, microwave, dishwasher, refrigerator/freezer, 2 bedrooms and 1 full bathroom, 933 sq. ft., central air, in-unit laundry, hardwood flooring, recessed lighting. The unit has access to a designated Off-Street Parking Space, as well as common areas. There is an additional monthly Condo Fee of $278.

Unit will be sold to eligible applicants determined by a complete application that includes ALL information requested.  Unit is affordable and deed restricted.

Maximum Household Income Limits:  Household size determines income. Up to 80% Area Median Income

80% AMI 1 person - $72,950 2 people - $83,400 3 people - $93,800
4 people - $104,200 

Maximum Household Liquid Asset Limit  $75,000

You Must have First time home buyer status
You Must have available down payment (at least 3%)
You Must have a mortgage Pre-approved for a loan that is a fixed rate.

Priority will be given to households that fully occupy the unit.

Viewing Saturday June 7, 1 1 am -1 pm Application DUE June 16, 2025

Questions call ANDOVER COMMUNITY TRUST at  978.276.9228

Information subject to change.

Some photos of the unit are available at Powder Mill Square | My Mass Home