Jose Frias Acquires Multifamily Property At 151 Bailey Street In Lawrence For $1.6M

The multifamily asset located at 151 Bailey Street in Lawrence, MA, was sold for $1,600,000. This property features a total of 7,841 square feet, encompassing six units, leading to a price per unit of $266,666 and a price per square foot of $204.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,600,000
• Units: 6
• Square Footage: 7,841
• Price Per Unit: $266,666
• Price Per Square Foot: $204
• Buyer: Jose Frias
• Seller: Abhishek Sehli
• Broker: Spencer Norton - Horvath & Tremblay
• Date of Transaction: 4/27/2026

This transaction involved Jose Frias purchasing the property from seller Abhishek Sehli, with representation provided by broker Spencer Norton of Horvath & Tremblay, facilitating the deal in the multifamily sector of the Lawrence market.