Active
6 Days on market
40 Chestnut St #3 Andover — Photo 1 of 26

40 Chestnut St #3 Andover — Photo 1 of 26

$499,000

40 Chestnut St #3, Andover, MA 01810

Andover, MA 01810

Beds

2

Baths

1

SqFt

1,247

Style

Condominium

Built

1910

Sophisticated downtown living in one of Andover’s most coveted locations. Welcome to 40 Chestnut Street, Unit 3, a beautifully renovated residence where thoughtful updates, character, and effortless convenience come together. Freshly painted interiors are enhanced by skylights and recessed lighting, creating a bright, polished atmosphere throughout. The newly renovated kitchen offers a fresh, modern aesthetic, complemented by an upgraded bath and custom closet. A new AC split system and hot water heater add comfort and peace of mind. Enjoy the rare conveniences of in-unit laundry, additional basement storage, and two off-street parking spaces. Outside, unwind on the balcony overlooking the park or enjoy the property’s common outdoor space. Pet friendly and perfectly positioned just moments from downtown Andover’s acclaimed restaurants, cafés, boutiques, commuter rail, and vibrant town center. Offered at $499,000, this is a rare opportunity to enjoy an elevated, low-maintenance lifestyle in the heart of Andover....Offers Due Tuesday Sept 8th @ 2pm

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$400/sqft
Local Avg (Andover)$445/sqft
10% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Andover, MA.

Property Details

Financials

Original Price$499,000
Annual Taxes$6,655
HOA Fee$287

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringHardwood
BasementY

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningSRA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Third
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1
Living Room
Lvl Third

21 x 21

Skylight, Cathedral Ceiling(s), Flooring - Hardwood, Balcony / Deck, Recessed Lighting, Slider

Kitchen
Lvl Third

19 x 12

Closet, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances

Master Bedroom
Lvl Third

29 x 14

Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Crown Molding

Bedroom 2
Lvl Third

14 x 14

Bathroom 1
Lvl Third

8 x 5

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile

Population

35,648

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$173K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

20.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Team Lillian Montalto

Listing Office: Lillian Montalto Signature Properties

MLS® Number: 73571644

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