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    50 Forest St Lawrence, MA 01841

    For Sale
    $840,000

    Spacious, updated two-family near parks, shops, and transportation.

    Lot size:
    0.32 Acres

    Property Features for 50 Forest St

    General Information

    Lot size
    0.32 Acres

    Building Details

    Year built
    1880

    Source: Listwithfreedom.com Agent Ralph M Harvey III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two-Family in Tower Hill

    This updated two-family home is located in the desirable Tower Hill neighborhood. The property features oversized rooms and abundant natural light. The second-floor unit includes a new kitchen with granite countertops, an expanded deck, and a walk-in closet. The first-floor unit offers a roomy kitchen and 1.5 baths. Both kitchens are larger than typical multifamily layouts. There is plenty of off-street parking. The property is conveniently located near parks, shops, MBTA, and commuter routes. The original 0.32-acre corner lot was subdivided, and this home conveys the front parcel of approximately 0.16 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1784409
    Latitude
    42.707418

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    FAQs

    What type of property is this?
    Duplex - Spacious, updated two-family near parks, shops, and transportation.
    Where is this duplex located?
    The property is located at 50 Forest St Lawrence, MA.
    What is the asking price?
    The asking price for this property is $840,000.
    What are key features of this property?
    This property features: - Updated 2-family home in desirable Tower Hill location.; - Second-floor unit features a brand-new kitchen with granite countertops and an expanded deck.; - Oversized rooms and abundant natural light throughout both units.
    (561) 888-1337
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 Forest St Lawrence, MA 01841
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