7 Forest St, Lawrence, MA 01841 | MLS 73315326 | Listing Information | Vylla Home
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FOR SALE
$825,000
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7 Forest St
Lawrence, MA 01841

Multi-Family
Residential
5
Beds
6
Baths
3,100
Sq. Ft.
0.15
Acre Lot
Courtesy: Spencer Norton - Horvath & Tremblay

Description for 7 Forest St Lawrence, MA 01841

Vylla Home> Massachusetts> Lawrence> 01841
Current cap rate of 8.52%. 7 Forest St contains a total of six (6) residential units comprised of three (3), 1-Bedroom/1-Bathroom units, two (2), 1+ Bedroom/1-Bathroom units, and one (1) Studio unit with 3,100 square feet of living area in 5,458 gross square feet on a 0.15-acre parcel of land. The property features separately metered heat, hot water, and electricity for 5 of the units. The units have below-market residential rents, the opportunity exists to increase the rents to market rates in an urban-infill, high demand, supply-constrained residential market increasing the income of the Property.

Property Details

73315326
Residential - Multi-Family, Other
5
6 Full
1865
Essex
0.15 Acres
Public
9
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Spencer Norton - Horvath & Tremblay
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. 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, and the Images, 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
This content last refreshed on 3/22/2025 4:13 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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