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45 Forest Street

Lee, MA 01238

8 beds
8 baths
7,956 sqft
~2 acre lot
$40 per sqft
1845 build
– on site

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Terrific opportunity to own a substantial investment property and a piece of Lee’s history - plus 1 or 2 possibly buildable lots. “Maywood” is a gorgeous Greek Revival home in a private yet convenient East Lee location. Built c.1845 by the Mays as a 2-family and converted to a 6-family by the 2nd owners in 1940. Now for sale by the 3rd owner who has lovingly cared for the property since 1983. Currently a large 2-level “owner’s unit” with extensive period details and marble fireplace surrounds, (4) 1-bedroom apartments and (1) studio apartment. Could be reconfigured. Combination of oil and gas heat; gas cooking in all apts. Vinyl siding; replacement windows. Plenty of off-street parking. Town water & sewer. Beautiful 65,000 sq ft lot w/frontage on Silver & Forest Streets. Zoned RA-40. Per Zoning Table, 20,000 min lot size. Come see the potential for increasing value and rents through updates. Ask us for the extensive packet of information we've prepared. Buyer to do own due diligence.

Listing courtesy of MLSPIN / Tracy Boehme Realty Group / Keller Williams Realty Boston Northwest

Last checked: Checking… • Last updated Mar 23, 2023 •

MLS# 73036451 —

The Building

Year Built:

1845
Year Built Details:

Approximate
Year Built Source:

Owner
Construction Materials:

Frame
Roof:

Shingle
Basement:

Partial
Foundation Details:

Stone
Exterior Features:

Storage
Window Features:

Insulated Windows
Patio And Porch Features:

Porch
Stories Total:

7
# of Units Total:

6
Building Area Total:

7956
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

26
Interior Features:

Kitchen, Kitchen, Kitchen, Kitchen
Flooring:

Wood, Tile, Vinyl, Carpet
Fireplace:

true
Fireplaces Total:

6

Room Dimensions

Living Area:

7956

Location

Directions:

Chapel St./Rt. 20 to Forest
Latitude:

42.294506
Longitude:

-73.225276

The Property

Parcel Number:

2692856
Property Type:

Residential Income
Property Sub Type:

5-9 Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

1.5
Lot Size SqFt:

65340
Lot Size Acres:

1.5
Zoning:

RA 40
Water View:

No
Exclusions:

Washer And Dryer In Apartment 2 Belong To Tenant.
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Surface Type:

Paved
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Book Number:

1077
Tax Annual Amount:

5614.25
Tax Assessed Value:

411300

Beds

Bedrooms Total:

8

Baths

Total Baths:

7.5
Total Baths:

8
Full Baths:

7
Half Baths:

1

The Listing

Home Warranty:

false
Buyer's Brokerage Compensation:

2.50%
Compensation Based on:

Net Sale Price
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

true
Cooling:

false

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Unit 1(Range,Refrigerator,Washer,Dryer), Oil Water Heater,Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range

Schools

Elementary School:

Lee Elementary
Middle Or Junior School:

Lee Middle/High
High School:

Lee Middle/High

The Community

Senior Community:

false
Community Features:

Public Transportation
Pool Features:

Above Ground

Parking

Garage:

false
Parking Total:

20
Parking Features:

Off Street

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Sale history

Date	Event	Source	Price	% Change
2/15/23 Feb 15, 2023	Sold	MLSPIN	$325,000	-27.6%
2/6/23 Feb 6, 2023	Relisted	MLSPIN	$449,000
11/7/22 Nov 7, 2022	Pending	MLSPIN	$449,000

Multifamily Sold on 2/15/2023

$325,000

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Listing Courtesy of: MLSPIN and Keller Williams Realty Boston Northwest.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

45 Forest Street

Lee, MA 01238