60 ANDREWS ST

About this property

Global Realty Network, Inc. is pleased to present 60 Andrews Street, Lowell, Massachusetts, a four-unit multifamily investment opportunity consisting of two separate residential buildings on one property. The offering includes a detached four-bedroom single-family home and a three-family residence containing three two-bedroom units, providing a total of 10 bedrooms and four full bathrooms across approximately 5,043 square feet of living area. The property currently generates $8,525 in monthly rental income, or $102,300 annually, with an approximate net operating income of $83,773. At the $1,250,000 offering price, the property represents an approximate 6.70% capitalization rate. The property has benefited from substantial improvements, including vinyl siding, windows, roofing, electrical upgrades and hard-wired smoke alarm systems, along with additional renovations completed between 2024 and 2026. The detached single-family residence was renovated in March 2026, while improvements to the three-family building include renovated units and updated mechanical systems. Located in South Lowell with convenient access to shopping, schools, public transportation and major routes, 60 Andrews Street offers investors an opportunity to acquire an established income-producing multifamily asset with a distinctive two-building configuration and significant recent capital improvements. • 4-Unit Multifamily Investment — Four residential units across two separate buildings on one property. • Unique Two-Building Configuration — Detached 4-bedroom single-family residence plus a three-family building containing three 2-bedroom units. • $102,300 Annual Gross Rental Income — Current monthly rental income of $8,525. • Attractive In-Place Yield — Approximately $83,773 NOI and a 6.70% capitalization rate at the $1,250,000 offering price. • 5,043 SF of Total Living Area — 10 bedrooms and 4 full bathrooms across the four residential units. • Significant Recent Capital Improvements — Major improvements include vinyl siding, windows, roofing, electrical upgrades, and hard-wired smoke alarm systems, along with unit renovations and mechanical improvements completed from 2019 through 2026. • Renovated Single-Family Residence — The detached 4-bedroom home was renovated in March 2026. • Updated Three-Family Building — Recent improvements include renovated units and updated heating/hot-water equipment. • Off-Street Parking — Parking for 4+ vehicles. • South Lowell Location — Convenient access to shopping, schools, public transportation, and major routes.

Property highlights

Net operating income

$83,750

Capitalization rate

6.70%

Occupancy

100.0%

Units

4

Financial information is supplied by the listing team. Review the offering documents and independently verify all figures.

Building size

5,043 SF

Lot size

0.1100 acres

Year built

1880

County

Middlesex

Map position is based on listing coordinates. Confirm access, entrances, and boundaries with the listing team; the marker is not a parcel survey.