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Residential Income Property
For Sale
$834,750

13 Forest Ave, Plymouth, MA 02360

Residential income property with off-street access and partial interior features in Plymouth County.

Property Size2,581 SF
Price / SF$323.42
Days on Market209

Property Features for 13 Forest Ave

General Information

Standard status Active
Size 2,581 SF
Total Parking Spaces 4
Property subtype Multi-Family
Zoning TC

Taxes and HOA fees

Annual Taxes $7,190

Amenities

false
Wood, Vinyl
No
Shingle
Rain Gutters
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station, University
for Gas Range
4

Building Details

Year Built 1917
Stories 3
Listing Agency: The Sobran Group
Listed By: Evan Sobran · License #9506207
Source: Arborviewrealtyinc
Added: Mar 22 Changed: Aug 29 Last Checked: Apr 22 at 10:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Sobran Group

Rey
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Investment Insights

Based on property information with market context.

This residential income property dates to 1917 and includes partial interior features with an interior entry. Exterior amenities include off-street parking and rain gutters. The property carries TC zoning.

Access is provided by a driveway positioned between two stores along 3A, immediately before Forest Ave. The property is located at 13 Forest Ave in Plymouth, Massachusetts, within Plymouth County.

Key Highlights

  • 1917 construction date
  • TC zoning designation
  • Off‑street parking available

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,202
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,040 $804.0K
Cap Rate 7%
$574,314 $574.3K
Cap Rate 9%
$446,689 $446.7K
Market Conditions
NOI Build-Up for 2,581 SF
Gross rent
$77.4K $30.00/SF
− Vacancy
−$4.3K −$1.68/SF
EGI
$73.1K $28.32/SF
− OpEx
−$32.9K −$12.74/SF
NOI
$40.2K $15.58/SF
Area
Plymouth County, MA
Vacancy
5.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,040
Cap Rate 7%
$574,314
Cap Rate 9%
$446,689

Alternative Uses

Best Use
Apartment 5plus
$574.3K
$502.5K – $670.0K (±1% cap)
NOI $40,202 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,956 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Grocery & Convenience Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 02360, MA

61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Residential income property with off-street access and partial interior features in Plymouth County.
Where is this residential income property located?
The property is located at 13 Forest Ave Plymouth, MA.
What is the asking price?
The asking price for this property is $834,750.
What are key features of this property?
This property features: 1917 construction date; TC zoning designation; Off‑street parking available
More about this property
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