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Unique 4-family investment property consisting of TWO SEPARATE BUILDINGS - A Single-family home in front and a triple-decker in the back: 1- The front single-family home offers 6 rooms, 4 bedrooms, 1 full bath, a kitchen, and a living room, with approximately 1,539 SF. The interior was renovated in March 2026; the front stairs and roof were renovated in 2024. 2- The rear triple decker features three 2-bedroom units. * The first-floor unit offers 4 rooms, 2 bedrooms, a living room, a kitchen, and a full bath. A new gas heating system and hot water tank were installed in January 2024. * The second-floor unit offers 5 rooms, 2 bedrooms, a living room, a kitchen, a full bath, and a laundry room; renovated April 2026 with a new stove and a newer refrigerator. * The third-floor unit offers 5 rooms, 2 bedrooms, a living room, a kitchen, and a full bath; renovated June 2024. An additional bonus room with a closet off the kitchen provides flexible space for an office, den, or other use. Major improvements completed in 2019 include vinyl siding, windows, an enclosed porch, a new roof, updated electrical, and a hard-wired smoke alarm system. Current annual gross rental income: $102,300. Annual operating expenses: approximately $18,527 (excluding mortgage interest). NOI: approximately $83,773. At an asking price of $1,250,000, the approximate cap rate is 6.70%. Financial information available for buyer review. Buyer/buyer agent to perform due diligence and verify all information.
More Info
Basic Information
- Gross Income $98,100
- Mls StatusPrice Changed
- Parcel Number M:204 B:165 L:60,3193564
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Tax Information
- Tax Assessed Value $653,100
- Tax Year 2025
- Taxes$7,498
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, On Street, Driveway, Paved
- Parking Spaces4
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms11
- Full Bath4
Basic Information
- List Price$1,180,000
- MLS Number73569886
- Modification Date10/29/2026
- Property SubType4 Family - 4 Units Up/Down
Location
- Address60 Andrews Street
- Building Number60
- CountyMiddlesex
- NeighborhoodSouth Lowell
- StateMA
- StreetAndrews Street
- SubdivisionSouth Lowell
- TownLowell
- Zip01852
Building
- BasementFull, Interior Entry, Concrete, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame
- Door Features Insulated Doors
- FoundationStone
- Levels 11
- Patio And Porch Features Enclosed
- Rooms18
- Stories11
- Units4
- Utilities For Gas Range, For Electric Range
- Window Features Insulated Windows
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.11
Interior
- Flooring Wood, Plywood, Varies, Hardwood, Tile
- Interior Features
- Bathroom With Tub & Shower
- Ceiling Fan(s)
- Dining Room
- Kitchen
- Living Room
- Pantry
- Remodeled
Exterior
- RoofShingle
Utilities
- Cooling Window Unit(s)
- Cooling YN Yes
- Electric Circuit Breakers,100 Amp Service
- Heat SystemYes
- Heating Steam, Oil, Baseboard, Natural Gas
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 5,043
- Lot Size Square Feet 4,792
- Lot Size Units Acres
- Square Feet5,043
Amenities
- Amenities
- Highway Access
- House of Worship
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- University
- Appliances IncludedRange, Refrigerator
- Other AmenitiesBasement
Legal
- ZoningTTF
Other
- Date Listed08/30/2026
- Farm Land Area Units Square Feet
- View Count14
Map Location
Listed by Paul-Ratha Yem of Global Realty Network,Inc.
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