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** GROUP SHOWING - SATURDAY, SEPTEMBER 5TH, 2026 AT 1 PM.** Unique 4-family investment property consisting of TWO SEPARATE BUILDINGS-a single-family home in front and a Triple Decker in the rear. The front single-family home offers 6 rooms, 4 bedrooms, 1 full bath, a kitchen, and a living room, with approximately 1,539 SF. Interior renovated March 2026; front stairs and roof renovated in 2024.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. DISCLAIMER: Information contained herein, including rents, income, expenses, NOI, cap rate, pro forma calculations, property data and comparable-sale/pricing analysis, is provided for informational purposes only and is believed to be reliable but is not guaranteed. Financial results and future performance may vary. This information does not constitute an appraisal, accounting, tax, legal or investment advice. Buyer and buyer's agent should independently verify all information and conduct their own due diligence and financial analysis.
More Info
Basic Information
- Gross Income $102,300
- Mls StatusNew
- 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$1,250,000
- MLS Number73569886
- Modification Date08/30/2026
- 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
Map Location
Listed by Paul-Ratha Yem of Global Realty Network,Inc.
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