Income-Restricted Unit Available in North Andover
A 3-bedroom, 1-bathroom unit at 82 Compass Point, Unit C-2, North Andover, MA is available for sale at $277,468. This is an income-restricted unit with an 80% AMI threshold, part of the Merrimac Condominiums development. The lottery application deadline is…
Boston, MA, July 21, 2026 —
A new income-restricted condominium unit has become available for purchase in North Andover, Massachusetts. The property, located at 82 Compass Point, Unit C-2, is a 3-bedroom, 1-bathroom unit listed at $277,468.
This unit is part of the Merrimac Condominiums development and is offered under an affordable housing program. Eligibility for purchase is restricted to individuals and households meeting specific income requirements, with a maximum threshold set at 80% of the Area Median Income (AMI).
Prospective buyers interested in this income-restricted property must apply through a lottery system. The application deadline for the lottery is August 4, 2026. Further details regarding income verification and the application process are typically provided by the developer or the overseeing housing authority.
The property features three bedrooms and one bathroom within the Merrimac Condominiums complex. The sale price of $277,468 reflects the affordable housing restrictions associated with the unit.
Story summarized from the original created by Anonymous on www.boston.gov, see more information here.
