53-57 Woodland St - Apartments FOR SALE


Lawrence, MA 01841- North Lawrence
$1,900,000 USD
781-776-4002
53-57 Woodland St, Lawrence, MA for Sale
$1,900,000 USD
Apartments - FOR SALE
1/9
null | 8.01% Cap Rate

53-57 Woodland St
Lawrence, MA 01841
North Lawrence


HIGHLIGHTS

  • Value Add & Repositioning Opportunity
  • Area Amenities & Demand Drivers
  • Prime Merrimack Valley Location
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment properties located at 53-57 Woodland St in Lawrence, MA (the “Properties”). The multi-story buildings contain seven (7) total units, comprised of two (2) 4-Bedroom/1-Bathroom units, four (4) 3-Bedroom/1-Bathroom units, and one (1) 2-Bedroom/1- Bathroom unit with 8,690 square feet of gross living area in 14,240 square feet of gross area. The Properties are spread across 0.50-acres of land and feature ten (10) off-street parking spaces. 53-57 Woodland Street is well-positioned just north of downtown Lawrence, offering convenient access to the city's central business district, neighborhood retail corridors, and surrounding residential communities. The Property benefits from excellent regional connectivity via nearby Interstate 495, Interstate 93, and Massachusetts Route 28, providing efficient access throughout the Merrimack Valley, Greater Boston, and southern New Hampshire.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

7

PRICE/UNIT

$271,429

CAP RATE

8.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

53-57 Woodland Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

None

APN/PARCEL ID

LAWR-000050-000000-000020

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4002

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Dennis KelleherHorvath & TremblayMore Info
781-776-4002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.