60 Andrews St, Lowell, MA 01852
- $1,250,000
- 11
- BD
- 4
- BA
- 5,043
- SqFt
- List Price
- $1,250,000
- Status
- NEW
- MLS#
- 73569886
- Bedrooms
- 11
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 5,043
- Lot Size (Acres)
- 0.11
- Year Built
- 1900
Property Description
** 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.
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Additional Information
- Area
- South Lowell
- Taxes
- $7,498
- Interior Features
- Ceiling Fan(s), Bathroom With Tub & Shower, Pantry, Remodeled, Living Room, Dining Room, Kitchen
- Parking Description
- Paved Drive, Off Street, On Street, Driveway, Paved
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Paul-Ratha Yem from Listing Office: Global Realty Network, Inc..
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