$1,399,900

45 Forest St Lee, MA 01238

Estimated payment $7,755/month

Total Views 10,209
12 Beds
7 Baths
7,956 Sq Ft
$176 Price per Sq Ft

Highlights

  • Above Ground Pool
  • 1.5 Acre Lot
  • Wood Flooring
  • Scenic Views
  • Deck
  • 6 Fireplaces

About This Home

This stunning 6-family home sits on 1.5 acres, a large lot that goes from Forest St to Silver St, a convenient location with easy access to the Mass Pike and just a couple minutes away from the Lee Outlets. This multi-family consists of 3 two-bedroom units, 2 one-bedroom units, and a 4 bedroom 2 bath unit. The large unit offers a welcoming front porch, living room, eat-in kitchen, full bath and primary bedroom on the 1st floor, and 3 bedrooms and full bath upstairs. This expansive apartment would make a great owner's unit, or rent it out for additional income! Some of the improvements done in the last few years include new kitchens and bathrooms in 5 apartments, new roof, 2 new high efficiency heat/hot water systems and mini-splits. All units have separate heat, hot water & electricity. City water and sewer. There is ample parking space, yard and an above-ground swimming pool that could stay or be removed depending on buyer(s) preference.

Listing Agent

Maria Liccardi

Kempf-Vanderburgh Realty Consultants, Inc. Listed on: 11/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,607

Year Built

  • Built in 1900

Lot Details

  • 1.5 Acre Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,956 Sq Ft Home
  • 6 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Scenic Vista Views

Kitchen

  • Range
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Full Bathrooms
  • Bathtub
  • Separate Shower

Unfinished Basement

  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 20 Car Parking Spaces
  • Driveway
  • Paved Parking
  • 20 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Heating System Uses Steam
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2692856

Community Details

Overview

  • 6 Units
  • Property has 2 Levels

Additional Features

  • Shops
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,607

Year Built

Built in 1900

Lot Details

1.5 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 6
  • Year Built Details: Actual,Renovated Since
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood, Wood, Stone/Ceramic Tile
  • Interior Amenities: Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen
  • Fireplace Features: Wood Burning, Gas
  • Fireplace YN: Yes
  • Fireplaces: 6
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 7956
  • Living Area: 7956
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7213

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck, Patio
  • Pool Features: Above Ground
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 20
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Steam, Natural Gas, Individual
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • Hot Water: Natural Gas, Tank, Tankless

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2692856
  • Zoning: RA40
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.5
  • Lot Size Sq Ft: 65340
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6607.13

Multi Family

  • Net Operating Income: 55200
  • Number Of Units Total: 6
  • Total Actual Rent: 8100
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,607 $587,300 $121,600 $465,700
2024 $5,769 $513,300 $115,900 $397,400
2023 $5,609 $474,100 $111,600 $362,500
2022 $5,614 $411,300 $104,900 $306,400
2021 $5,575 $379,800 $94,300 $285,500
2020 $5,574 $379,700 $88,200 $291,500
2019 $5,773 $390,600 $90,400 $300,200
2018 $5,672 $387,700 $90,400 $297,300
2017 $5,691 $386,600 $77,300 $309,300
2016 $5,598 $384,500 $75,200 $309,300
2015 $5,673 $402,900 $75,200 $327,700
2014 $5,438 $384,300 $75,200 $309,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 For Sale $1,399,900 +330.7% $176 / Sq Ft
02/15/2023 02/15/23 Sold $325,000 -27.6% $41 / Sq Ft View Prior Sale
02/06/2023 02/06/23 For Sale $449,000 0.0% $56 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $449,000 -- $56 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73455407

MLS Property Information Network (MLS PIN)
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