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Andover

$157,725 asked for two-bedroom town house

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Local officials would like residents to know an affordable two-bedroom town house in the Abbot’s Pond development is now being sold. The asking price: $157,725. The 936-square-foot unit features 1.5 baths, central air conditioning, a washer and dryer hook-up, and a large, unfinished walkout basement that could be converted to additional living space. Prospective buyers must be first-time homeowners who meet income guidelines, ranging from $65,500 for a single-person household to $93,600 for a four-member household, and have no more than $75,000 in liquid assets. In addition, potential buyers must be preapproved for a 30-year fixed-rate mortgage. For more information, contact Avi Glaser at 617-970-2403.

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