Marquee at Andover

460 River Road Andover, MA 01810

Welcome home to the new Marquee at Andover! With our swimming pool, sundeck, fitness facility, resident clubhouse and outdoor amenities, everything you need for your busy lifestyle is right here at home. You'll love our spacious floor plans, designer finishes, and our amazing location near the intersection of I-495 and I-93.

FEATURES

9' Ceilings
Amazon Hub Package Locker
Bike Racks
Community Walkways
Courtyard / Pool View
Covered Storage
Detached Garage
Dog Park
Extended Patio
Granite Countertops
Grilling Station
Large Bathroom
Outdoor Fireplace
Spacious Floor Plans
Stainless Steel Appliances

patio area with tables and umbrellas at 460 River Rd

NEIGHBORHOOD

The property is conveniently located near the intersection of I-495 and I-93.

FIRST COME, FIRST SERVED / PROCESS

Please note, this is not a lottery. Applications for Marquee at Andover are processed on a first come, first served basis, as apartments become available  (see the Current Availability table in the next section below).

If there is no current availability, applications are added to the waiting list and are reviewed upon receipt to ensure completion and proper documentation only. Applications will then be reviewed for eligibility when they are reached on the waiting list.

Applicants will be emailed upon receipt of their application and upon each application review. Please check your email regularly. 

JOIN OUR COMMUNITY / AVAILABILITY & ELIGIBILITY

Marquee at Andover is a mixed-income community offering affordable apartment rentals. Eligibility and income restrictions apply. Find current availability and income limits in the table below.

Minimum income limits apply unless the household receives mobile housing assistance (including, but not limited to: VASH, Section 8 and MRVP).

  • Program: 40B
  • Number of income-restricted apartments: 29
  • Apartment sizes: 1 bedroom, 2 bedroom
  • ADA accessible apartments: NA- Built out for persons with mobility and deaf/hard of hearing impairments
  • Maximum Income limits: 80% AMI (Area Median Income) – based on HUD limits
  • Asset limit: No asset limit for 40B

Click here for a list of all potential and required fees.

Disclosure text:

Total Monthly Leasing Price includes base rent, all monthly mandatory and any user -selected optional fees. Excludes variable, usage-based, and required charges due at or prior to move-in or at move-out. Security Deposit may change based on screening results, but total will not exceed legal maximums. Some items may be taxed under applicable law. Some fees may not apply to rental homes subject to an affordable program. All fees are subject to application and/or lease terms. Prices and availability subject to change. Resident is responsible for damages beyond ordinary wear and tear. Resident may need to maintain insurance and to activate and maintain utility services, including but not limited to electricity, water, gas, and internet, per the lease. Additional fees may apply as detailed in the application and/or lease agreement, which can be requested prior to applying.

 

2025 HUD Income Limits

Lawrence, MA-NH HUD Metro FMR Area
Household Size50% AMI80% AMI
1$49,500$72,950
2$56,550$83,400
3$63,600$93,800
4$70,650 $104,200
5$76,350$112,550
6$82,000$120,900
7$87,650$129,250
8$93,300$137,550

Current Rental Availability

# Beds Total Monthly Leasing Price Lease Term Minimum Income Income Limit (AMI %) Units Available Accessible Units
2-Bedroom $2,053 12 Months $61,590 80% 2 0

NEXT STEPS

The next step is to request a rental application, and then complete and submit your application. Applications will be processed on a first-come, first-served basis. If there is no current vacancy, you’ll be added to our waitlist in the order received. 

Free language assistance is available for those whose primary language is not English or have limited English proficiency. For more information or reasonable accommodations for persons with disabilities, please contact us.

INCOME & ELIGIBILITY QUESTIONS / FAQ

How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.

I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.

I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.

I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.

Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.

I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.

I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.

PROPERTY & COMMUNITY QUESTIONS / FAQ

What utilities are included in the rent? Trash

Is the stove electric or gas? Electric

Is the washer/dryer included? Yes

Is parking available? Click here for latest pricing

Is storage available?

What is the pet policy?  Cats and Dogs allowed  – Maximum of 2

Is there a monthly pet fee? Click here for latest pricing

Click here for a list of all potential and required fees.

Tel: (617) 531-7123 Ext 788 – US Relay 711
Email: Marquee@MaloneyProperties.com

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