Marquee at Andover

460 River Rd, Andover, MA 01810, USA

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

2022 HUD Income Limits

Lawrence, MA-NH HUD Metro FMR Area
Household Size50% AMI80% AMI
1$40,300$62,600
2$46,050$71,550
3$51,800$80,500
4$57,550$89,400
5$62,200$96,600
6$66,800$103,750
7$71,400$110,900
8$76,000$118,050

Current Rental Availability

Property# BedsRentMinimum IncomeIncome Limit (AMI)Units Available
Reserve at BurlingtonStudio$1,854$48,94580%1
Wakefield Vista 1$1,958$58,74080%2
660 Washington St. Studio$2,204 $98,150-$126,200.120% 1
660 Washington St. 1 Bedroom$2,136$78,550-$100,950 100% 1
Ellington2$1,671$45,11780%1
Prynne Hills2$2,032$54,60080%1
Lux at Stoughton1$1,975$59,25080%2
The Overlook at St. Gabriel’s2$2,931$87,930150% 2
55 West 5th2$2,426$72,780100%2
Viridian2$2,426$78,500-112,150100%1
Viridian1$2,136$78,550 to $112,250100%1
Portside1$2,467$74,010150%1
Portside2$2,931$87,930120%1
Portside1$2,577$77,310120%1
Fenway Triangle 2$2,931$98,150 - $140,200120% 1
Waterstone at Lexington 1- Independent Living $2,983.33$59,666.60 80% 12
Waterstone at Lexington 2- Independent Living $3,356.66$67,133.20 80% 6
Waterstone at Lexington 1- Assisted Living $3,915 1 Person HH, $4,475 2 Person HH 1 HH $58,725 | 2 HH $67,125 80% 3
The Gerry1$1,885$56,55080%1
256 Washington1$1,564$46,92080%1
256 Washington2$2,013$60,39080%1
1700-1710 Dorchester Ave1$1,473$44,19070%2
1700-1710 Dorchester Ave2$1,668$50,04070%1
The Muse - Artist Restricted Unit 1$1,473$44,19070%1
7InkSingle Room Occupancy (shared 2-4 bedroom apartments)$1,078$32,34070%31
Alta Oxbow - (55+ Age-Restricted Living)1 (55+ Age-Restricted Living)$1,919$57,57080%1

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?

Is the stove electric or gas?

Is the washer/dryer included? Yes

Is parking available? Yes

Is storage available?

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

Is there a monthly pet fee? Yes- $75/month

Tel: 617-531-7123 Ext. 788 – US Relay 711
Email: info@maloneyrealestate.com