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53-57 Woodland St - 53-57 Woodland Street 7 Unit Apartment Building Offered at $1,900,000 at a 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 | $1,900,000 | Apartment Style | Low-Rise |
| Price Per Unit | $271,429 | Building Size | 14,240 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 8.01% | Year Built | 1900 |
| No. Units | 7 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $1,900,000 |
| Price Per Unit | $271,429 |
| Sale Type | Investment |
| Cap Rate | 8.01% |
| No. Units | 7 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 14,240 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
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Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
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53-57 Woodland St - 53-57 Woodland Street
