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53-57 Woodland Street 53-57 Woodland St 7 Unit Apartment Building $2,680,558 CAD ($382,937 CAD/Unit) 8.01% Cap Rate Lawrence, MA 01841
Investment Highlights
- Value Add & Repositioning Opportunity
- Prime Merrimack Valley Location
- Strong Rental Demographics & Demand
- Area Amenities & Demand Drivers
- Off-Street Parking
- Quality of Life Amenities
Executive Summary
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.
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.
Property Facts
| Price | $2,680,558 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $382,937 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.50 AC |
| Cap Rate | 8.01% | Building Size | 14,240 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | None - None | ||
| Price | $2,680,558 CAD |
| Price Per Unit | $382,937 CAD |
| Sale Type | Investment |
| Cap Rate | 8.01% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.50 AC |
| Building Size | 14,240 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | None - None |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | LAWR-000050-000000-000020 | Improvements Assessment | $1,353,541 CAD |
| Land Assessment | $243,366 CAD | Total Assessment | $1,596,907 CAD |
Property Taxes
Parcel Number
LAWR-000050-000000-000020
Land Assessment
$243,366 CAD
Improvements Assessment
$1,353,541 CAD
Total Assessment
$1,596,907 CAD
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53-57 Woodland Street | 53-57 Woodland St
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