Riverside Woods Resale
$364,000
459 River Road, Andover, affordable units for 62+ years old
Located at 459 River Road in Andover, Riverside Woods is a 62+ community privately set along wooded conservation trails to the Merrimack River. Built by Pulte Homes, the development is comprised of 186 low rise, townhome and detached single family home units. Units feature a contemporary kitchen, in unit laundry, convenient gas cooking and dishwasher. High quality and low maintenance. This community also offers easy access to major highways, great restaurants, coffee shops, Stop & Shop, Whole Foods, and more.
Unit 305 in Building 2 is 1135 square feet, and features 2 bedrooms, 2 bathrooms, central air, in-unit laundry, a breakfast bar, walk in closet, den and balcony. The unit has access to a designated off-street parking space.
Unit will be sold to eligible applicants determined by a complete application that includes ALL information requested. Unit is affordable and deed restricted.
The maximum household gross income limit is 120% of Area Median Income determined by household size and is as follows:
1 person household - $102.400
2 person household - $117,000
3 person household - $131,650
There is an additional monthly Condo Fee of $164.
The 2024 Andover tax rate is $12.88
Maximum Household Asset Limit $550,000
At least one household member must be 62 years of age or older and the remaining household members must be 18 years of age or older.
You Must include a mortgage Pre-approval letter for a loan that is a fixed rate.
Priority given to households that fully occupy the unit.
There will be a viewing on March 16 from 1 - 3 pm.
Download details and application here or email info@andoverclt.org
APPLICATION DEADLINE - open
If you have any questions please call us at 978.276.9228
Information subject to change.
