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Active

60 Andrews St, Lowell MA 01852

$1,200,000

Estimated $2,571/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $300,000

Total Rent: 102300/year

Estimated CAP Rate:

11 Bedrooms

Baths

5043

Total Parking: 4

4,792 (0.11)

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.

This home has been viewed 8 times

Last Checked: September 30th, 2026 at 5:33am (Source: MLS PIN #73569886)

Gross Income: $102,300

Gross Expenses: $7,498

Net Income Calc: $94,802

Water Views

Annual Expenses for 60 Andrews St, Lowell MA 01852

Total Gross Expenses (Calculated)$7,498/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7498

Annual Income & Unit Breakdown for 60 Andrews St, Lowell MA 01852

Total Gross Income (Calculated)$102,300

Unit 1

Rental Income$0

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit3

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit3

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit3

Rent IncludesHeat

General Information for 60 Andrews St, Lowell MA 01852

Listing ID73569886

Property TypeMulti Family / 4 Family

Price1200000 ($237.95/SqFt)

Style4 Family - 4 Units Up/down

CityLowell

CountyMiddlesex

MLS AreaSouth Lowell

Neighborhood(s)

Approximate Living Area Total5043

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningTTF

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 60 Andrews St, Lowell MA 01852

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDigital Keypad Locks Do Not Convey With Sale.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 60 Andrews St, Lowell MA 01852

Real Estate Taxes7498

Tax Year2025

Assessed Value$653,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 60 Andrews St, Lowell MA 01852

Neighborhood(s)

MLS AreaSouth Lowell

Area AmenitiesWalk/jog Trails

Contact Information for 60 Andrews St, Lowell MA 01852

Agent

Name: Paul-Ratha Yem

Office

Name: Global Realty Network, Inc.

Phone: 800-494-2400

Payment Calculator

, Interest

Property Taxes 624.83

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Global Realty Network, Inc.

Paul-Ratha Yem

Agent Phone

Office Phone

(800) 494-2400

Text Agent Call Agent Call Office

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    [unparsed] => 60 Andrews St, Lowell MA 01852
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EXIT

23 More Photos

Active

60 Andrews St, Lowell MA 01852

$1,200,000

Annual Expenses for 60 Andrews St, Lowell MA 01852

Annual Income & Unit Breakdown for 60 Andrews St, Lowell MA 01852

General Information for 60 Andrews St, Lowell MA 01852

Disclosures for 60 Andrews St, Lowell MA 01852

Financial Information for 60 Andrews St, Lowell MA 01852

Location Information for 60 Andrews St, Lowell MA 01852

Contact Information for 60 Andrews St, Lowell MA 01852

Agent

Office

Payment Calculator

Exclusive Listing Agent

Global Realty Network, Inc.

Paul-Ratha Yem