1575 Andover St Tewksbury — Photo 1 of 8
$2,000,000
Investment Analysis — 1575 Andover St
Tewksbury, MA 01876 — North Tewksbury
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01876 carries an estimated $2,240/mo in gross rent — about a 0.61% cap rate and $12,153/yr in estimated NOI at the $2,000,000 list price. Adjust every assumption in the calculator below.
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DEVELOPMENT OPPORTUNITY – Attention Developers and Investors. Offered as a package, this unique opportunity includes two parcels: 1575 Andover St and the adjacent lot at 995 North St, totaling over 2.1 acres. Zoned Mixed-Use Business (MUB), the site presents strong potential for a wide range of commercial and/or residential development options, including mixed-use projects, retail, office space, or multi-unit housing. Conveniently positioned on Andover St/Route 133 and North St, the property offers outstanding accessibility with convenient access to I-495 and I-93. This prime location benefits from excellent visibility, high traffic volume, and strong surrounding demographics. A land survey has been completed for 1575 Andover St and is available upon request. Showings are strictly by appointment only—please do not walk the property or solicit without prior authorization. Buyers and buyer’s agents are responsible for conducting their own due diligence.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Souzan Davood Team
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73495152